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Thursday, November 14, 2024

HHS provides $190.2 million to businesses in Sioux Falls under CARES Act

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Through the fourth quarter of 2020, businesses in Sioux Falls received $190.2 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 South Dakota received $481.4 million 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 Sanford Health Network with a total of $65.3 million. The average loan size in the city was $715,073 while the state's average loan amount was $425,664.

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
1Sanford Health Network$65,323,089
2Sanford Medical Center$35,619,556
3Sanford Health of Northern Minnesota$24,617,860
4Sanford Bismarck$15,663,411
5Avera St Marys$12,270,756
6Heart Hospital of South Dakota, LLC$9,141,308
7Avera Holy Family$4,346,804
8Sioux Falls Specialty Hospital, LLP$3,179,256
9Sanford-Good Samaritan Community Health Services, LLC$2,785,448
10Sanford Clinic$1,992,058
11Avera at Home$1,361,880
12Ophthalmology, Ltd.$762,300
13Orthopedic Institute, P.C.$649,223
14F-M Ambulance Service, Inc.$620,077
15Vance Thompson Vision Clinic, Professional, LLC$616,214
16Childrens Care Hospital and School$555,049
17Dow Rummel Village$516,620
18South Dakota Achieve$447,317
19Sanford Home Medical Equipment, Inc.$442,495
20Select Specialty Hospital Sioux Falls, Inc.$433,570
21Sanford Home Health$397,305
22Vance Thompson Vision Surgery Center Professional, LLC$349,529
23Lutheran Social Services of South Dakota$313,348
24Urology Specialists Chartered$292,972
25Anesthesia Physicians, Ltd.$288,957
26Storm Clinic Professional, LLC$272,698
27Children's Dental Center, PC$268,169
28Physicians Laboratory, Ltd.$258,854
29Health Quest, Inc.$245,851
30Siouxland Oral & Maxillofacial Surgery$232,165
31Midwest Ear, Nose & Throat Associates, PC$212,741
32Dakotabilities, Inc.$210,561
33Compassionate Care Hospice of the Midwest, LLC$202,466
34Surgical Institute of South Dakota, PC$176,678
35Hille Henriksen River Ridge Oral and Max$172,557
36Ophthalmology Eye Surgery Center, LLC, Ltd.$163,296
37Prairie Rehabilitation Services, Inc.$156,679
38Nebraska Dental Care, LLC$156,670
39Dakota Dermatology, Ltd.$143,761
40Anesthesiology Associates, Inc.$129,376
41Jones Eye Center, PC$121,987
42South Western Dental$117,873
43Dakota Vision Center, LLC$112,584
44Family Dental Center, PC$110,262
45Eastern Iowa Therapeutics, PC$109,756
46Sevvan Companies, Inc.$90,000
47Orthotic & Prosthetic Specialties, Inc.$89,323
48Dakota Dental$87,129
49Southeastern Behavioral Healthcare$87,000
50Howlin Vision Clinic, P.C.$83,251

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