COVID Stimulus Watch Individual Entry

Recipient Company:
VHS REHABILITATION INSTITUTE OF MICHIGAN INC
Loan or Loan Guarantee Amount:
$5,363,343

Recipient Details

Ownership Structure: publicly traded (ticker symbol THC)
Facility State: MI

Award Details

Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1871805150
Program Name: Medicare Accelerated and Advance Payment Program ($500,000 and up)
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: Tenet Healthcare
Headquartered in: Texas
Parent Sector: healthcare services
Parent Industry: healthcare services
Employees (prior to pandemic): 113,600

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $42,488,717
Contracting icon
Government-contracting-related Penalties: $605,260,000
Environment icon
Environmental / Healthcare / Safety Penalties: $312,200
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $120,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 452 to 1
CEO Compensation: $24,288,660
Worker Median Pay: $53,714
Tax icon
Total Federal, State, and Local Subsidies: $17,334,973
Federal Corporate Income Tax Rate: -2.4%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources