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Tuesday, November 5, 2024

HHS provides $31 million to businesses in Cleveland under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Cleveland received $31 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $238,224 while the state's average loan amount was $328,420.

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
1Tennessee Oncology, PLLC$12,366,415
2Cleveland Tennessee Hospital Company, LLC$4,251,072
3Waynesboro Healthcare, LLC$1,365,752
4Knoxville Healthcare, LLC$1,277,752
5Bradley County Nursing Home$1,150,594
6Gwinnett Operations, LLC$933,010
7Trinity Healthcare Corporation$909,873
8Dayton Senior Care, LLC$874,466
9Colorado Springs Medical Investors, LLC$751,110
10Bountiful Medical Investors, LLC$647,420
11Madisonville Healthcare, LLC$544,870
12Health Services Manchester, LLC$486,195
13ELK River Health & Rehabilitation of Ardmore, LLC$453,561
14Seneca Operations, LLC$390,827
15DX MSO, PLLC$376,856
16Kah Development 8, LLC$226,439
17Post Falls Retirement Investors, LLC$206,615
18Kidney Center of Cleveland, LLC$156,532
19DR. Paul Grayson Smith P. C., D.O.$151,072
20Arapahoe Assisted Living Investors, LLC$127,519
21LHCG Lxii, LLC$123,235
22County of Bradley County Fund$120,906
23Aurora Retirement, LLC$120,258
24Cleveland Head and Neck Clinic, PC$119,597
25Cleveland Medical Clinic, Inc.$115,894
26Cheyenne Retirement Investors Limited Partnership$114,260
27Gig Harbor Retirement Investors, LLC$112,351
28Skyridge Clinical Associates, LLC$104,243
29Cleveland Retirement Investors, LLC$102,150
30Port St. Lucie Retirement Investors, LLC$98,095
31Inverrary Retirement Investors, LLC$90,994
32Cleveland Home Care Services, LLC$90,949
33Tennessee Valley Bone and Joint, LLC$89,748
34Novamed Surgery Center of Cleveland, LLC$82,796
35Ooltewah ALF Investors, LLC$78,449
36Radiation Therapy Associates, PC$76,260
37Highland Park ALF Operations, LLC$69,478
38Cleveland Family & Cosmetic Dentist$60,828
39Columbia ALF Operations, LLC$59,831
40Whytebrook Retirement Investors, LLC$59,133
41Heatherwood Retirement Investors, LLC$56,125
42Greeley Assisted Living Investors, LLC$54,663
43Woodburn Investment Associates, Ltd.$54,371
44Colorado Springs Retirement Operations, LLC$52,724
45Longmont Assisted Living, LLC$51,910
46Cleveland Pediatrics$51,669
47Gwinnett Retirement Operations, LLC$51,423
48Family Medicine Center$49,656
49At Home Primary Care, Inc.$49,322
50Charleston Retirement Investors, LLC$49,277

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