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Friday, November 22, 2024

HHS provides $9 million to businesses in Maysville under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Maysville received $9 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 $298,897 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
1Meadowview Regional Medical Center, LLC$6,086,000
2Maysville Operations, LLC$817,737
3Hospice of Hope, Inc.$681,714
4Comprehend, Inc.$654,500
5Hayswood Health Services, Inc.$150,015
6Maysville Radiology Associates PSC$109,478
7Berry Pharmacist Group, LLC$95,160
8Medcorps Asthma and Pulmonary Specialists, LLC$94,124
9Mason County$44,132
10Advanced Pain & Spine Institute, LLC$40,557
11River Valley Dental, PLLC$29,100
12Denham Medical Clinic PSC$24,271
13Family Practice Associates of Maysville, P. S. C.$19,004
14Eyecare Network, Ltd.$18,054
15Sherman & Taylor Eye Care, PLLC$16,003
16Agent Cardiology, Inc.$15,178
17Ohio Valley Endocrinology, Inc.$14,522
18Maysville Foot & Ankle Clinic$13,108
19Maysville Internal Medicine Pediatric Association PSC$10,817
20Seven Hills Medical ARTS, Inc.$9,363
21Audrey Spencer$8,006
22Aim Vision Center, Inc.$6,962
23Maysville Physical Therapy, LLC$2,924
24Juniata Chiropractic, LLC$1,944
25Healing Hands, Inc.$1,721
26Rachel H Naylor, PLLC, D.M.D.$1,132
27Mark Day$832
28Maverick Optical, LLC$484
29Ballard C Smith, PLLC$44
30Mason County Chiropractic PSC$25

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