The Paycheck Protection Program and Wage Theft
The companies on the list of recipients of Paycheck Protection Program loans include numerous employers that have paid penalties for wage and hour violations.
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Covid Stimulus Watch Adds New PPP Data
Covid Stimulus Watch has added the data released today by the Treasury Department on all Paycheck Protection Program loans of $150,000 or more. That brings the total number of awards listed on the site to more than 600,000—a twenty-fold increase.
New Federal Reserve Data Is Up on Covid Stimulus Watch
The Fortune 500 is now well represented on the list of CARES Act recipients. Yesterday, the Federal Reserve posted its first batch of information on corporate bond purchases under the Secondary Market Corporate Credit Facility. We have added the information to Covid Stimulus Watch.
Covid Stimulus Watch Expands Coverage to Airports, Public Broadcasting Stations and More
Covid Stimulus Watch now contains more than 30,000 grant and loan awards from a dozen CARES Act programs. The latest additions include data relating to airports and public broadcasting stations as well as more on healthcare providers.
Covid Stimulus Watch Posts Updated HHS Data on Aid to Hospitals
by Phil Mattera
The Department of Health and Human Services keeps updating the list of hospitals and other medical facilities receiving aid through the Provider Relief Fund. At Covid Stimulus Watch we scramble to capture the latest data and link the facilities listed by HHS to their health system parent entities.
HHS posted two updates to the list this week, and we have just finished adding our parent links to the data, which is now live on our site. We now include more than 11,000 grants of $500,000 or more from the program. These have a total value of $45 billion. For more info, see
Covid Stimulus Watch Doubles in Size with More Hospital Recipient Data
Covid Stimulus Watch has doubled in size to more than 23,000 entries with the addition of extensive data from the Medicare Accelerated and Advance Payment Program.
Covid Stimulus Watch Cited in New York Times
An excellent article in the New York Times on federal aid to wealthy hospital systems cites data compiled for Covid Stimulus Watch.
What’s New in Covid Stimulus Watch
We’ve been spending a lot of time on the Provider Relief Fund awards data released by the Department of Health and Human Services. Focusing on those awards worth $500,000 or more, we have matched the individual hospitals listed in the data to their parent health systems, most of which are non-profits.
Rescuing the Cheaters
The federal government has been sending tens of billions of dollars in aid to the country’s hospitals under the Provider Relief Fund created by the CARES Act. That’s all well and good. Yet there is an awkward aspect to this: quite a few of the recipients have been accused of cheating the federal government in the past.
More Provider Relief Fund Data Added
An update for those of you interested in the Provider Relief Fund data: HHS posted a revised version of the recipient list with 17,000 more entries. It also posted a separate list of "high-impact" awards to hospitals which have treated 100 or more covid patients. We have uploaded the full high-impact list and the other new awards above $500,000 to Covid Stimulus Watch, adding the names of the health systems to which the individual facilities belong.
You can go right to the high-impact data here: https://data.covidstimuluswatch.org/program/Provider%20Relief%20Fund%20COVID-19%20High
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