COVID Stimulus Watch Individual Entry

Recipient Company:
NHC PLACE AT THE TRACE LLC
Loan or Loan Guarantee Amount:
$1,060,420

Recipient Details

Ownership Structure: publicly traded (ticker symbol NHC)
Facility City: NASHVILLE
Facility State: TN

Award Details

Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1780040139
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: National Healthcare Corp.
Headquartered in: Tennessee
Parent Sector: healthcare services
Parent Industry: skilled nursing facilities
Employees (prior to pandemic): 14,881

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $50,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $1,062,901
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 46.6 to 1
CEO Compensation: $1,417,124
Worker Median Pay: $30,389
Tax icon
Total Federal, State, and Local Subsidies: $11,984
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues