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Thursday, November 7, 2024

HHS provides $1.9 million to businesses in Williamsburg under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Williamsburg received $1.9 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 $101,938 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Williamsburg Nursing Home, Inc.$741,583
2Appalachia Health Services$237,342
3Ho Medical & Chiropractic Corporation$193,426
4Careplus Medical, Inc.$147,368
5Parkway Cardiology Associates, P C$139,668
6Jill L Bryant APRN, LLC$131,037
7Preferred Healthcare Incorporated$128,222
8Whitley County County Treasurer$91,462
9Whitley County Health Department$87,520
10Smith & Brown Family Dentistry$16,206
11Maximum Potential Physical Therapy, PLLC$10,032
12PT Solutions Holdings, LLC$5,727
13Windham Drug, Inc.$3,277
14Williamsburg Pharmacy, Inc.$1,258
15Bishop Pharmacy, Inc.$710
16Byron Karr$692
17Patrick D. Brock Psc$570
18LB Moses, D.M.D.$398
19Whitley Pharmacy, Inc.$327

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