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Sunday, September 22, 2024

HHS provides $4.1 million to businesses in Brazil under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Brazil received $4.1 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $213,338 while the state's average loan amount was $352,160.

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
1St. Vincent Clay Hospital, Inc.$3,813,911
2Elders Journey Home Care of Wabash Valley, Inc.$56,700
3Austin a Burns PC, D.D.S.$24,516
4Brazil Dental Center, LLC$22,233
5National Drug Store, Inc.$20,330
6Nilah Nicole Bonham PC, OD$15,506
7Paul Houston$14,555
8Anderson-Shaw Chiropractic, Inc.$14,382
9Ryan Ross$13,372
10Indiana Physician Management-Clay, LLC$12,280
11Vincent Puccia$11,813
12Raymond Nanko$9,700
13Clay County Podiatry, LLC$9,590
14Alicia Reed-Thomas$8,989
15Gary W Nesty, OD$4,680
16A Back & Neck Pain Center, Inc.$497
17Richard Frankville$155
18Brookside Medical Home Visits, LLC$124
19Dalton Chiropractic Center, PC$87

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