COVID Stimulus Watch Individual Entry

Recipient Company:
LAKE CUMBERLAND REGIONAL HOSPITAL LLC
Loan or Loan Guarantee Amount:
$26,963,795

Recipient Details

Ownership Structure: publicly traded (ticker symbol APO)
Facility City: SOMERSET
Facility State: KY

Award Details

Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1619038247
Program Name: Medicare Accelerated and Advance Payment Program ($500,000 and up)
Legislation: CARES
Awarding Agency: Centers for Medicare and Medicaid Services
Data Source for Award:
https://www.cms.gov/files/document/covid-medicare-accelerated-and-advanc...

Parent Company Data

Parent Company: Apollo Global Management
Headquartered in: New York
Parent Sector: private equity (including portfolio companies)
Parent Industry: private equity (including portfolio companies)
Employees (prior to pandemic): 1,421

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $20,662,532
Contracting icon
Government-contracting-related Penalties: $7,238,358
Environment icon
Environmental / Healthcare / Safety Penalties: $636,368
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $202,380,102
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 1.2 to 1
CEO Compensation: $260,175
Worker Median Pay: $216,695
Tax icon
Total Federal, State, and Local Subsidies: $120,857,086
Subsidy Tracker
Violation Tracker

Details on Accountability data sources