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Friday, December 27, 2024

HHS provides $7.2 million to businesses in Greenville under CARES Act

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Through the fourth quarter of 2020, businesses in Greenville received $7.2 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 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 $511,539 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
1OH Muhlenberg, LLC$4,922,922
2Community Health Centers of Western Kentucky, Inc.$649,145
3Greenville KY Opco, LLC$598,371
4Eagle Acquisition II, LLC$441,857
5Greenville Nursing and Rehabilitation, LLC$423,127
6Mary Webb Brown PSC, D.M.D.$28,855
7Alligatorfish Emergency Physicians, LLC$24,057
8Kelly Tarter$23,716
9Muhlenberg County Opportunity Center$16,507
10Soderling Eye Care, PSC$13,540
11Slobodan B. Jugo Psc$10,335
12Kentucky Emergency-I Services PSC$7,278
13Beechmont Pharmacy, Inc.$1,547
14Larry Vincent$292

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