Covid Stimulus Watch Adds 5,000 Healthcare Provider Awards

Submitted by pmattera on Mon, 05/11/2020 - 14:21

Contact: Philip Mattera pmattera@goodjobsfirst.org

Covid Stimulus Watch Adds 5,000 Healthcare Provider Awards

Washington, DC, May 11, 2020—Covid Stimulus Watch, the website created by Good Jobs First to help monitor CARES Act aid to corporations, has just grown tenfold with the addition of 5,000 entries involving healthcare providers. The new entries are an enhanced version of a recipient list posted late last week by the Department of Health and Human Services for the Provider Relief Fund created by the CARES Act. 

Covid Stimulus Watch, which now contains data on more than 5,400 grants and loans, is free to use at https://covidstimuluswatch.org/

“The HHS list contains more than 142,000 entries, but most of those are small amounts going to individual practitioners,” said Good Jobs First research director Philip Mattera, who leads the work on Covid Stimulus Watch. “We focused on awards of $500,000 or more going to larger hospital systems. We enhanced the data by linking the individual facilities contained in the HHS list to their parent entity.”

The 5,000 new healthcare entries added to Covid Stimulus Watch total $15 billion in aid.

Apart from the Provider Relief Fund entries, Covid Stimulus Watch contains awards—plus accountability data on recipients—from five programs as they have so far been disclosed by companies individually in SEC filings: Paycheck Protection Program, Payroll Support Program (for airlines), Economic Injury Disaster Loan Emergency Advances, Economic Relief Program and the Medicare Accelerated and Advance Payment Program. 

The site has also captured the records pertaining to for-profit colleges included in the Education Department’s recipient list for the Higher Education Emergency Relief Fund.