COVID Stimulus Watch Individual Entry
Recipient Company:
PALMS WEST HOSPITAL LIMITED PARTNERSHIP
Loan or Loan Guarantee Amount:
$13,932,288
Recipient Details
Ownership Structure: publicly traded (ticker symbol HCA)
Award Details
Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1528014669
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: 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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