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Milwaukee City Wire

Sunday, October 6, 2024

HHS provides $316.9 million to businesses in Milwaukee under CARES Act

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Through the fourth quarter of 2020, businesses in Milwaukee received $316.9 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 $725,144 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Aurora Health Care Metro, Inc.$63,987,172
2Columbia St. Mary's Hospital Milwaukee, Inc.$40,861,039
3Childrens Hospital of Wisconsin, Inc.$35,330,537
4Aurora Health Care Southern Lakes, Inc.$23,842,186
5Aurora Medical Group, Inc.$22,535,466
6Swedishamerican Hospital$22,328,647
7The Medical College of Wisconsin, Inc.$19,063,377
8Baycare Aurora, LLC$9,605,852
9Aurora Advanced Healthcare, Inc.$8,117,927
10Aurora Medical Center Bay Area, Inc.$8,060,412
11West Allis Memorial Hospital, Inc.$5,675,836
12Aurora Medical Center Grafton, LLC$5,087,586
13Aurora Medical Center of Oshkosh, Inc.$4,532,261
14Infinity Healthcare Physicians School$2,956,936
15Versiti Wisconsin, Inc.$2,730,117
16County of Milwaukee$1,989,020
17Dental Associates of Wisconsin, Ltd.$1,872,384
18Aurora Medical Center of Washington County, Inc.$1,847,290
19Wisconsin Diagnostic Laboratories$1,584,970
20Lakeshore Medical Clinic, LLC$1,360,886
21Wheaton Franciscan Healthcare Terrace at St. Francis, Inc.$1,326,778
22Children's Medical Group, Inc.$1,235,658
23Fresenius Medical Care Midwest Dialysis, LLC$1,183,739
24Jewish Home and Care Center, Inc.$1,135,598
25Milwaukee Catholic Home, Inc.$1,070,608
26Alexian Village of Milwaukee$974,811
27Aurora Psychiatric Hospital, Inc.$897,343
28Madison Medical Affiliates, Inc.$748,685
29Rheumatic Disease Center$725,829
30Gi Associates, LLC$690,269
31S-H Opco Camarillo, LLC$684,454
32Milwaukee Radiologists School, Ltd.$672,789
33S-H Opco San Juan Capistrano, LLC$651,972
34Sixteenth Street Community Heath Center$600,017
35Bell Ambulance, Inc.$562,352
36Milwaukee Center for Independence, Inc.$558,760
37Progressive Community Health Centers, Inc.$538,346
38NSH Sunrise, LLC$536,580
39Madison Emergency Physicians Sc$531,907
40Ermed Sc$525,630
41Independence First$519,129
42S-H Opco Carlsbad, LLC$513,833
43S-H Opco Carmel Valley, LLC$510,145
44Milwaukee Orthopaedic Group, Ltd.$497,783
45Milwaukee Dental Group$494,552
46SH Opco Rancho Mirage, LLC$474,156
47Midwest Nephrology Associates, S. C.$468,161
48Orthopedic Surgeons of Wisconsin, S. C.$463,647
49North Shore Surgical Center$462,462
50Eastcastle Place, Inc.$434,215

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