COVID Stimulus Watch Individual Entry
Recipient Company:
RESOLUTE HOSPITAL COMP
Grant Amount:
$1,282,593
Recipient Details
Ownership Structure: publicly traded (ticker symbol THC)
Facility City: NEW BRAUNFELS
Facility State: TX
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: $150,380; Claims paid for treatment: $1,131,187; Claims paid for vaccine: $1,026
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: Tenet Healthcare
Headquartered in: Texas
Parent Sector: healthcare services
Parent Industry: hospitals (for-profit)
Employees (prior to pandemic): 113,600
Accountability Issues Since 2010
Employment-related Penalties: $42,488,717
Government-contracting-related Penalties: $605,260,000
Environmental / Healthcare / Safety Penalties: $331,996
Consumer Protection / Financial / Competition-related Penalties: $120,000
Ratio of CEO Pay to that of Median Worker: 452 to 1
CEO Compensation: $24,288,660
Worker Median Pay: $53,714
Total Federal, State, and Local Subsidies: $17,334,973
Federal Corporate Income Tax Rate: -2.4%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues