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Thursday, October 17, 2024

HHS provides $16.3 million to businesses in Madisonville under CARES Act

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Through the fourth quarter of 2020, businesses in Madisonville received $16.3 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 $378,276 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
1Baptist Health Madisonville, Inc.$10,249,453
2Continuecare Hospital at Baptist Health Madisonville, Inc.$2,855,953
3Ridgewood Terrace, LLC$821,997
4Madisonville Health and Rehabilitation, LLC$563,364
5HBR Madisonville, LLC$443,413
6Brighton Cornerstone Group, LLC$398,250
7Jones Medical Corporation$238,633
8Urology Partners of Western Kentucky PSC$76,827
9Emily Brown Taylor Psc$59,465
10Madisonville Pharmacy, Inc.$59,441
11Kimberly Hill, PSC, D.M.D.$58,261
12Bluegrass I. V. Care, Inc.$48,278
13Wellness Family Chiropractic, PSC$34,606
14Pebble Creek Family Dentistry, PLLC$33,795
15Ben E Baldwin, D.M.D.$30,613
16The Paragon of Madisonville, Inc.$29,755
17Cardiology Consultants PSC$29,445
18Harper Dental, LLC$26,692
19J Greg Haag PSC, D.M.D.$22,336
20Terry E. Brown, D.M.D.$22,014
21Brummer Pediatric Dentistry, PLLC$21,146
22Prorehab of Kentucky, LLC$17,729
23Michael Ray Fisher, PSC, D.O.$17,595
24Multicare Eye Clinic, PLLC$16,921
25Plastic Surgery Center, Inc.$15,505
26Island Ford Family Dentistry Psc$13,254
27NHC Healthcare-Madisonville, LLC$10,695
28Richard Todd Crist$9,263
29Western Kentucky Technical Imaging, Inc.$7,604
30Madisonville Chiropractic, PSC$6,813
31Phaup Physical Therapy, LLC$6,718
32Urology Specialty Care, PSC$4,855
33Charles French Optometrist Psc$4,827
34Robert F.D.C. McCay Psc$2,600
35Seibert Chiropractic Center, Inc.$2,128
36Americas Number One Health Store, Inc.$1,612
37South Main Clinic, LLC$1,511
38Bluegrass Pharmacies, Inc.$943
39Robert Cranor$700
40Elizabeth Webb$667
41Phaup Chiropractic Center, LLC$163
42James M. Kington Psc$22
43Hopkins County Health Department$14

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