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East Kentucky Times

Thursday, November 21, 2024

HHS provides $4.8 million to businesses in Prestonsburg under CARES Act

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Through the fourth quarter of 2020, businesses in Prestonsburg received $4.8 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 $150,289 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
1Mountain Comprehensive Care Center, Inc.$1,885,966
2Big Sandy Health Care, Inc.$1,243,700
3LP Prestonsburg, LLC$387,069
4Albaree Health Services, LLC$333,080
5Eastern Kentucky Tender Care Pediatrics, LLC$243,760
6Martin County Rural Health Clinic, PLLC$195,707
7Consolidated Health Systems, Inc.$151,561
8Highlands Home Care, Inc.$52,649
9Floyd Emergency Group, LLC$46,272
10Hyden Pediatric Dentistry$28,690
11Hometown Family Care, PLLC$26,787
12Ayesha M. Sikder LLC, M.D.$26,139
13Bryan Alan Griffith PSC, D.M.D.$22,095
14Bahram Forouzandeh PSC, M.D.$19,075
15Hope in the Mountains$18,781
16Mark Caruso$16,493
17Frontier Behavioral Health Center, PLLC$16,260
18Floyd County Smiles, PSC$15,858
19Foot & Ankle Associates$12,552
20Aerete Integrative Medicine, LLC$12,236
21Mannan Medical Clinic LLC, M.D.$11,235
22Bill R Francis, D.M.D.$8,877
23Internal Medicine of Eastern Kentucky, PLLC$6,708
24Alpha Health Services, PLLC$5,061
25Renew Addiction Treatment Center, LLC$4,816
26Reed Vision, PLLC$4,563
27Little & Waddell, Inc.$4,020
28Cynthia Crase$3,603
29Bluegrass Family Chiropractic, PLLC$3,057
30Best Practice Family Health, PLLC$2,409
31Kentucky Surgical Arts Psc$107
32Samaritan Family Care, LLC$65

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