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Sunday, October 6, 2024

HHS provides $12 million to businesses in Watertown under CARES Act

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Through the fourth quarter of 2020, businesses in Watertown received $12 million in health-related relief from the CARES Act issued by the Department of Health and Human Services.

According to numbers reported through the fourth quarter of 2020, businesses in Wisconsin received $1.5 billion in health-related relief from the CARES Act issued by the Department of Health and Human Services. The largest recipient of funding in the state was Aurora Health Care Metro, Inc. with a total of $64 million. The average loan size in the city was $374,964 while the state's average loan amount was $283,863.

Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn't returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren't eligible to receive it once the final rules were sent out.

According to the Department of Health and Human Services, this information represents the list of providers that received a payment from the General Distribution, High Impact Targeted Allocation, Safety Net Hospitals, Non-Medicare, Rural Targeted Allocation and/or the Skilled Nursing Facility Targeted Allocation of the Provider Relief Fund and who have attested to receiving one or more payments and agreed to the Terms and Conditions as of July 8, 2020.

All PPP loan recipients
RankBusinessDollar Amount Received
1Watertown Medical Center, LLC$7,017,444
2Bethesda Lutheran Communities, Inc.$1,712,348
3Marquardt Memorial Manor, Inc.$1,035,649
4Marquardt Home and Community Based Services, Inc.$554,369
5Bedrock HCS at Watertown, LLC$502,400
6Sisters of Charity of Our Lady Mother of the Church$330,235
7Watertown Physician Practices, LLC$151,803
8Area Dental Associates, LLC$112,886
9Nephrology Associates School$93,601
10Watertown Family Practice Associates, S. C.$80,137
11Dycora Transitional Health Watertown, LLC$78,738
12Family Dental Practice Kyle and Will, LLC$74,018
13Meade Medical Clinic School$52,769
14Family Resources Associates, Inc.$31,938
15Rock River Foot & Ankle Clinic School$22,332
16David J. Groh$21,442
17Paul R Sommers School, D.D.S.$18,799
18City of Watertown$18,026
19Advanced Family Dentistry Sc$15,489
20Riverside Dental Services, Inc.$13,308
21Watertown Vision, LLC$12,728
22Achieve Solutions, Inc.$10,400
23Watertown Heart Institute School$9,768
24Lewis Health Enterprises, LLC$6,559
25Petersen Chiropractic Office, S. C.$6,399
26Metropolitan Watertown, LLC$5,252
27Claris Eyecare, LLC$4,557
28Wellness Chiropractic Center, LLC$2,963
29Bruce Bencriscutto$999
30Watertown Hometown Pharmacy, LLC$822
31Eyewear Unlimited Incorporated$606
32Stramara Chiropractic Sc$55

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