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Thursday, November 7, 2024

HHS provides $62.6 million to businesses in London under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in London received $62.6 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 Kentucky received $1.6 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 St. Elizabeth Medical Center, Inc. with a total of $67.3 million. The average loan size in the city was $1 million while the state's average loan amount was $337,672.

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
1Saint Joseph Health System, Inc.$52,483,491
2Flaget Healthcare, Inc.$6,044,230
3Laurel Housing, Inc.$1,023,815
4Suite C, PLLC$366,132
5Robert Hoskins, PLLC$341,465
6Cogent Healthcare of Kentucky, PSC$274,613
7Forever Care Independent Opportunities, Inc.$239,994
8Premier Home Care, Inc.$223,576
9Professional Home Health Care Agency, Inc.$171,109
10Huffman & Huffman PSC$146,676
11Ambulance of Laurel County, Inc.$132,241
12Trinity Support Services, Inc.$130,433
13Dialysis Services of London, LLC$129,940
14Kentucky Dermatology and Skin Cancer Clinic, PSC$121,477
15Wecare Medical Somerset, LLC$75,041
16Pepperhill Dental Care$74,570
17Elite Medical Supply, LLC$62,014
18Commonwealth Periodontics & Implant Center, PSC$51,706
19New Age Vitality Clinic, LLC$50,828
20Bluegrass Regional Foot and Ankle Associates P S C$42,957
21Inspired Living, LLC$38,795
22Kenney Orthopedics of London, LLC$34,684
23Laurel Dental Care, PSC$25,051
2420-20 Eyecare of London$24,280
25Alan D. Graham$22,588
26Laurel County Physiatry and Pain, LLC$19,951
27Friends and Companions, LLC$18,479
28Michael Herren PLLC, D.M.D.$18,176
29Kentucky Spine and Pain Care$17,701
30Alexander and Associates Speech Language Pathology, LLC$17,408
31Emmanuel Yumang, PLLC, M.D.$16,785
32Digestive & Liver Clinic, PLLC$16,455
33Jeremy W. Allen PLLC, D.M.D.$14,864
34Chatterjee Cardiology, PLLC$14,440
35Kentucky Orthopedic & Chiropractic Center$11,809
36Health Express Urgent Care, PLLC$11,792
37Professionals in Eye Care, LLC$9,535
38Ernest Wayne Parrott$8,862
39Revolution Physical Therapy, LLC$6,953
40Rural Mental Health Solutions$5,689
41Pyma Medical, PLLC$5,476
42Nature Technologies, Inc.$5,089
43BC Medical, LLC$4,879
44Excel Rehabilitation Services, Inc.$4,166
45William J Lester, PSC, M.D.$4,141
46London Eye Care$3,848
47Thompson Discount Drug$3,271
48Plaza Drug of London, LLC$2,697
49Occupational Therapy Solutions$2,490
50Southeast Kentucky Behavioral Health, LLC$2,481

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