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Sunday, November 24, 2024

HHS provides $49.2 million to businesses in Pikeville under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Pikeville received $49.2 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 $723,745 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Pikeville Medical Center, Inc.$44,681,564
2Retina Consultants, PLLC$1,624,304
3Pikeville Nursing and Rehab Center, LLC$696,977
4Pediatric Associates$290,640
5Parkview KY Opco, LLC$257,099
6Parkview Healthcare, LLC$191,634
7Aaron K. Jonan Memorial Clinic, Inc.$148,917
8Hilltop Primary Care, Inc.$127,635
9Home Care Health Services, Inc.$112,030
10Toxperts, LLC$102,958
11Pikeville Radiology, PLLC$100,464
12Brock Medical, LLC$88,006
13DR Terry Mandel, Inc.$65,096
14Medical Investment Trust$63,995
15Dermatology Associates of Pikeville, PLLC$54,359
16East Kentucky Oral & Maxillofacial Surge$44,309
17Pikeville Pediatric Dentistry$35,652
18Hager & Associates PSC$32,191
19Respiratory Plus Healthcare, Inc.$31,356
20Renew Residential Treatment Center$28,156
21Andy Keaton$27,656
22Hartsock and Sword Orthodontics$24,859
23Marvin T. Bush PSC, D.M.D.$24,754
24Pikeville Dermatology & Cosmetic Center PSC$23,542
25Physicians for Children&adolescents PSC$21,068
26Allergy and Asthma Center of Appalachia, PLLC$19,769
27Ravinder S. Bhagrath PSC, M.D.$19,367
28Pikeville Neurology Clinic & Diagnostic Center PSC$19,083
29Pikeville Medical Equipment & Supplies, Inc.$18,097
30Ahmed Malik$17,641
31Mountain Family Medicine, LLC$16,926
32Thacker Family Medical, LLC$16,488
33Crossroads Addiction Recovery Effort, LLC$15,649
34Debra R Bailey Faap PSC, M.D.$14,050
35RV Mettu PSC, M.D.$13,319
36Gregory H Bentley PSC, D.M.D.$12,928
37Loren N. Williams Psc.$12,890
38City of Pikeville$12,561
39Maurice Trivette$10,798
40Psychiatric Center, Inc.$10,691
41Daniel Stamper$10,690
42Reed Family Medicine, PSC$10,367
43DR. Shane Hensley PLLC, D.M.D.$9,604
44Crider Johnson Pediatrics Psc$8,765
45Coleman & Coleman PSC$6,925
46Sparker, Inc.$6,558
47Cindy C. Smith PSC, D.M.D.$6,387
48Pikeville Foot Care Center, PLLC$4,056
49Regina Coleman Compton, PSC, O.D.$2,516
50Wedds Enterprises, Inc.$2,391

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