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NW Kentucky News

Thursday, October 17, 2024

HHS provides $5.6 million to businesses in Hartford under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Hartford received $5.6 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 $506,588 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
1Ohio County Hospital Corporation$4,736,204
2LP Hartford, LLC$660,591
3Wiggins Drugs Limited$92,795
4Bennett Family Chiropractic Center, PSC$32,479
5Five Star Emergency Physicians, LLC$19,229
6Cohron Family Optometric Services, Inc.$10,990
7Dwight C Wilson PLLC, D.M.D.$10,030
8Countryside Family Care$6,406
9Advanced Wellness Chiropractic, PLLC$1,953
10Sabrina L. West, LCSW, PLLC$1,722
11Marilyn Jones$68

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