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NE New Mexico News

Tuesday, October 1, 2024

HHS provides $7.5 million to businesses in Taos under CARES Act

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Through the fourth quarter of 2020, businesses in Taos received $7.5 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 New Mexico received $586.7 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 Presbyterian Healthcare Services with a total of $123.5 million. The average loan size in the city was $170,236 while the state's average loan amount was $281,930.

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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Taos Health Systems Holy Cross Hospital, Inc.$5,510,295
2Taos Living Center, LLC$663,235
3Taos-Picuris Indian Health Center$485,291
4Mountain Home Health Care, Inc.$118,640
5Jane Compton, OD$72,020
6TLC Hospice, L.L.C.$65,055
7Taos Medical Group P a$61,821
8Justin Nylund LLC, D.D.S.$51,996
9Taos Orthopaedic Institute, PC$49,504
10Taos Urgent Care$42,381
11Taos Professional Services, LLC$37,333
12Schreiber Family Medicine, LLC$36,297
13Northern New Mexico Center for Cosmetic Dentistry$32,846
14Family Practice Associates of Taos$32,089
15Rio Grande Alcoholism Treatment Center$28,957
16County of Taos$25,826
17Taos Pueblo Cms$20,234
18Taos Clinic for Children and Youth, Inc.$20,134
19Rural Radiology Associates-Taos, PLLC$18,541
20Galveston Dermatology Pa$17,093
21Taos Smiles, P. C.$17,005
22Taos Physical Therapy, Inc.$14,792
23Realeyes, Inc.$13,905
24Taos Whole Health Integrative Care, LLC.$10,671
25Taos Family Dentistry, Inc.$9,118
26Norah Bishop Physical Therapy, LLC$7,445
27Page Mastor$4,097
28Nonviolence Works, Inc.$3,758
29Grace Dental Studio Taos$3,000
30Robert Franklin$2,213
31Sallyjo Warnick, Lisw Psychotherapy Practice$2,165
32Stephanie Gutz, Inc.$1,851
33Michael Cummings$1,741
34Joey Blue$1,496
35Gail Moran$1,438
36Fritsch Health Services, Inc.$1,337
37Common Ground Counseling$1,314
38Jessie Kaufman$781
39Marsha Carlson$623
40Karen Dwyer$607
41Carolyn Tokle Brown$549
42Julie Crockett$398
43Bonnie Kaufman$244
44Claudia Wilsey-Gopp$233

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