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Saturday, November 23, 2024

HHS provides $87.2 million to businesses in Huntington under CARES Act

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Through the fourth quarter of 2020, businesses in Huntington received $87.2 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 West Virginia received $646.6 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 Charleston Area Medical Center, Inc. with a total of $74.2 million. The average loan size in the city was $1.2 million while the state's average loan amount was $313,135.

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
1Cabell Huntington Hospital, Inc.$46,209,463
2St. Mary's Medical Center, Inc.$25,661,793
3University Physicians & Surgeons, Inc.$2,688,331
4Retina and Vitreous Associates of Kentucky PSC$2,189,158
5Ultimate Health Services, Inc.$1,893,012
6Seventeenth Street Associates, LLC$1,233,912
7Valley Health Systems, Inc.$962,135
8Ohio Valley Physicians, Inc.$816,176
9Cornerstone Hospital of Huntington, LLC$785,369
10HHC River Park, Inc.$702,057
11Hospice of Huntington, Inc.$518,973
12Radiology, Inc.$492,427
13Mildred Mitchell Bateman Hospital$477,003
14Prestera Center for Mental Health$450,451
15Huntington Physical Therapy Services, Inc.$273,075
16Cabell County Emergency Medical Service$246,379
17Autism Services Center, Inc.$228,972
18Scott Orthopedic Center, Inc.$209,427
19St. Marys Hospitalist Services, LLC$165,511
20Fresenius Medical Care Himg Dialysis Center, LLC$125,268
21T&J Enterprises$77,462
22Crews and Nibert Dentistry, LLC$67,545
23Ironton Physcial Therapy, Inc.$64,099
24Huntington Dermatology, Inc.$48,480
25DRS David M Eller & Reginald S Opimo Inc., D.D.S.$47,835
26Huntington Retina Center, Inc.$40,104
27Tri-State Allergy, Inc.$39,949
28Premier Radiation Oncology, Inc.$36,125
29Tri-State Eye Care Center, Ltd.$35,205
30Wayne County Community Services Organization, Inc.$32,812
31Eric D Ford PLLC, D.D.S.$30,497
32Tri-State Addiction Recovery Resources$26,601
33Huntington Ophthalmology Professional Corporation$22,885
34James R Butler, D.D.S.$22,607
35Fruth Pharmacy, Inc.$22,104
36James T. Hall PLLC, D.D.S.$21,552
37Proeyes Optometry Associates, LLC$17,024
38Huntington Mental Health Associates$15,582
39Lilly Eye Care, Inc.$13,093
40Racine Observation Medical Group, PLLC$12,999
41Ace Medical, LLC$12,884
42Scott Edmonds Inc., D.D.S.$12,660
43Moses Family Medicine, Inc.$12,363
44Michael Spindel$11,816
45Elaine M Young Inc., M.D.$11,293
46Huntington Foot & Ankle Clinic, Inc.$9,511
47Occumed, LLC$8,936
48The Brace Shoppe, Inc.$8,421
49Hudak Family Medicine, PLLC$8,145
50Westmoreland Chiropractic Center, Inc.$8,082

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