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Wednesday, October 2, 2024

HHS provides $6.1 million to businesses in Pocahontas under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Pocahontas received $6.1 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 Arkansas received $931.5 million 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $264,526 while the state's average loan amount was $270,064.

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
1Five Rivers Medical Center, Inc.$4,095,490
2Randolph County Nursing Home$840,300
3Randolph Progressive Eldercare Services, Inc.$534,307
4Promed Ambulance, Inc.$143,252
5Pocahontas Medical Clinic PA$114,810
6Higginbotham Therapy Providers, LLC$69,676
7Futrell Pharmacy, Inc.$40,000
8Visualeyes Optometry, PLLC$36,464
9The Doni Martin Center for Developmental Services, Inc.$36,037
10Eldercare of Arkansas II, Inc.$28,893
11Karla Baltz, PA, D.D.S.$26,308
12Joshua R. Toney, PA, D.D.S.$24,742
13Robert Glen Enterprises, Inc.$20,875
14Harwell Therapy Services$15,864
15Family Dental Care of Pocahontas, Inc.$12,669
16Americare in Home Service Agency$12,585
17Customeyes Vision Care of Pocahontas$11,209
18Patrick Warren Carroll$7,604
19Clarence Ungerank$7,055
20Randolph County Chiropractic, LLC$3,801
21City Pharmacy, Inc.$1,502
22Back in Motion Chiropractic, PLLC$452
23Dyson Psychiactric Care, LLC$201

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