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Sunday, November 24, 2024

HHS provides $838,948 to businesses in Brownsville under CARES Act

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Through the fourth quarter of 2020, businesses in Brownsville received $838,948 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 $104,869 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
1HBR Brownsville, LLC$484,490
2Kasey Lee Alford Pharmd, Inc.$171,983
3Twin Lakes Medical Foundation, Inc.$103,597
4Associates in Pulmonary and Critical Care Medicine$44,568
5Edmonson County Ambulance District$18,497
6A Plus Family Healthcare$11,788
7Edmonson Drug Company, Inc.$3,674
8Mcreynolds Physical Therapy, PLLC$351

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