COVID Stimulus Watch Individual Entry
Recipient Company:
PALMS WEST HOSPITAL
Grant Amount:
$3,706,809
Recipient Details
Ownership Structure: publicly traded (ticker symbol HCA)
Facility City: LOXAHATCHEE
Facility State: FL
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: $564,120; Claims paid for treatment: $3,142,689; Claims paid for vaccine: $0
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: HCA Healthcare
Headquartered in: Tennessee
Parent Sector: healthcare services
Parent Industry: hospitals (for-profit)
Employees (prior to pandemic): 280,000
Accountability Issues Since 2010
Employment-related Penalties: $177,478
Government-contracting-related Penalties: $45,045,842
Environmental / Healthcare / Safety Penalties: $546,440
Consumer Protection / Financial / Competition-related Penalties: $8,600,000
Ratio of CEO Pay to that of Median Worker: 478 to 1
CEO Compensation: $26,788,251
Worker Median Pay: $56,012
Total Federal, State, and Local Subsidies: $82,530,181
Federal Corporate Income Tax Rate: 16.9%
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