COVID Stimulus Watch Individual Entry
Recipient Company:
MEMORIAL MEDICAL CENTE
Grant Amount:
$1,269,914
Recipient Details
Ownership Structure: publicly traded (ticker symbol APO)
Facility City: LAS CRUCES
Facility State: NM
Award Details
Award Date: Jul 29, 2021
Award Type: grant
Award Details: Award amount is the total of reimbursements for testing, treatment, and vaccinations. Claims paid for testing: $21,478; Claims paid for treatment: $1,185,695; Claims paid for vaccine: $62,741
Program Name: COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing and Treatment of the Uninsured Program ($500,000 and up)
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://data.cdc.gov/Administrative/Claims-Reimbursement-to-Health-Care-...
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-related Penalties: $20,662,532
Government-contracting-related Penalties: $7,238,358
Environmental / Healthcare / Safety Penalties: $636,368
Consumer Protection / Financial / Competition-related Penalties: $202,380,102
Total Federal, State, and Local Subsidies: $120,857,086
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