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Saturday, November 23, 2024

HHS provides $20.4 million to businesses in West Des Moines under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in West Des Moines received $20.4 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 Iowa received $1.1 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 State University of Iowa with a total of $62.3 million. The average loan size in the city was $130,246 while the state's average loan amount was $293,046.

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
1Wolfe Clinic, Inc.$4,926,881
2The Iowa Clinic, PC$3,891,882
3Lakeview Surgery Center, LC$1,231,641
4Des Moines Orthopaedic Surgeons, PC$990,652
5Link Associates$810,035
6Fountain Health Centers, Inc.$766,385
7Associated Anesthesiologists, P.C.$567,513
8Accura Healthcare of Carroll$539,159
9Hawkeye Estates, LLC$530,203
10Edgewater, a Wesley Active Life Community, LLC$489,188
11Orthopaedic Outpatient Surgery Center, LLC$441,602
12Arbor Springs of West Des Moines$398,836
13Accura Healthcare of Cresco, LLC$372,079
14Tama Health Care Enterprises, LLC$352,833
15Iowa Home Care$341,362
16Wolfe Surgery Center, LLC$309,825
17Iowa Enterprise Center, PLLC$200,944
18Des Moines Eye Surgeons, LLP$167,033
19Enterprise Clinic of Iowa, PC$159,441
20Metro Anesthesia & Pain Management, LLP$139,653
21West Des Moines Ambulatory Surgical Center, Inc.$131,525
22Endodontics, P.C.$130,298
23West Des Moines OB/gyn Associates, PC$127,086
24Koch Facial Plastic Surgery, PC$116,412
25Suncrest Home Health Iowa, LLC$113,122
26Steffany L Mohan PC, D.D.S.$90,216
27West Lakes Sleep Center, LLC$83,991
28Parkway Periodontal Group, P.C.$75,654
29Central States Medicine, PLLC$74,219
30Melrose Retirement Community, L.L.C.$73,645
31Green Meadows Senior Housing, LLC$71,324
32The Iowa Clinic Endoscopy Center, LLC$69,950
33Beaverdale Senior Housing, LLC$69,530
34City of West Des Moines$66,439
35Barry R. Svec, D.D.S.$64,047
36Avalon Hospice Iowa, LLC$63,803
37James a. Hourigan, PC, D.D.S.$61,769
38Central Rehabilitation, Ltd.$56,473
39Stork Orthodontics, PC$54,574
403801 Grand Associates, L. P.$53,917
41Apex Dental, LLC$46,475
42Allergy Asthma and Sinus Center, P.C.$46,318
43Holst Olberding Dentistry, PC$43,964
44Warrington Revell Dental, LLC$42,942
45Riverwoods Terrace, LLC$41,016
46Weston Dental, PC$38,921
47Vero Chiropractic, PLLC$38,741
48Siena Hills Senior Housing, LLC$38,625
49Psychiatric Health Corporation$36,280
50Edencrest Legacy, LLC$32,888

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