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Friday, November 22, 2024

HHS provides $254,209 to businesses in Rainsville under CARES Act

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Through the fourth quarter of 2020, businesses in Rainsville received $254,209 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $13,379 while the state's average loan amount was $242,614.

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
1Pharmacy Partners, LLC$47,285
2Family First Medicine$27,866
3Phillip L. Fortner, D.M.D.$26,514
4Tara Lambert Moncus, D.M.D.$26,152
5Carter Orthodontics, LLC$25,271
6Rainsville Eye Clinic$19,454
7Vision Plus Eyecare Dekalb, LLC$13,946
8Timothy Decker$13,771
9Therasport$13,443
10Carter Family Dentistry, LLC$12,385
11John P Anderson JR, D.M.D.$6,237
12As Close as Family of Madison County, LLC$5,161
13Terrell Chiropractic, LLC$4,262
14As Close as Family of Northwest Alabama, LLC$3,714
15Rainsville Drugs, Inc.$3,243
16Prohealth Physical Therapy$2,521
17Rainsville Chiropractic Medicine, Inc.$1,834
18DR Emily K White, PC$825
19Martin L Habel, OD$325

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