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East Kentucky Times

Thursday, November 21, 2024

HHS provides $1.1 million to businesses in Jackson under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Jackson received $1.1 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 $66,300 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
1Breatitt County Geriatric Corporation$637,723
2Kentucky Institute for Eye Health & Surgery$177,109
3The Recovery Center, LLC$79,650
4Family Medical Specialty Clinic$57,906
5Breathitt County Health Department$43,344
6Kentucky River Physician Corporation$32,358
7Mcintosh Ambulance, Inc.$31,118
8Mercy Clinic of Jackson, PLLC$29,738
9Clemente V. Zulueta, JR., PLLC, M.D.$14,408
10Kentucky River HBP, LLC$10,267
11Arrow-Med Ambulance, Inc.$6,427
12Jamco of KY., Inc.$1,789
13Trending Upwards$1,539
14Breathitt County Home Medical, LLC$1,371
15DR. Patricia a Murphy, PLLC$1,069
16DR Steven Howard Chiropractor, PLLC$686
17Karen Sallee$598

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