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Saturday, November 23, 2024

HHS provides $11.8 million to businesses in West Memphis under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in West Memphis received $11.8 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 $268,017 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
1Baptist Memorial Hospital Crittenden, Inc.$5,527,673
2Stern Cardiovascular Foundation, Inc.$1,414,963
3Poplar Healthcare, PLLC$1,394,458
4WM Crittenden Operations, LLC$762,236
5Community Compassion West Memphis$517,389
6Specialty Physician Group, LLC$506,176
7East Arkansas Family Health Center, Inc.$472,619
8Southeastern Emergency Services, P C$458,799
9Trent P. Pierce$104,309
10Pediatric Associates of West Memphis, PLC$79,425
11Delta Orthopaedics & Sports Medicine, PLLC$78,079
12Life Strategies of Arkansas, LLC$57,724
13Deborah M. Frayer-Williams$47,907
14Outpatient Radiology Clinic PA$45,550
15Lifeline EMS, LLC$39,621
16Coast to Coast Medical, LLC$37,653
17Frank C. Steudlein Learning Center$36,996
18Doctors Surgery Center, PA$25,011
19Charles S. Wood Jr.$20,123
20Caldwell Home Medical$18,244
21Brian D. Rhoads, PC, D.D.S.$15,784
22East Arkansas Foot Specialists$14,501
23Holt Therapy and Wellness, PLLC$13,728
24James G. Buffington$13,200
25George Sorrells$10,298
26Roger Morgan$9,605
27Therapeutic Focus, LLC$8,531
28City of West Memphis$7,784
29James Miller$6,772
30John Wah$6,607
31Alliance Senior Health, PLLC$5,955
32Charles Hyman$5,658
33Oscar Ramos$5,331
34Bradley Footcare, LLC$5,052
35AMD Family Dentistry$4,769
36DR Julie T Caldwell, PA, OD$4,132
37Hashmi Medical Associates$3,663
38Graham Primary Healthcare$2,264
39West Memphis Pediatric Dentistry, PLLC$1,781
40Donald McDonald$1,224
41Y E S, LLC$473
42Robert Chin PHD LLC, M.D.$397
43Therapeutic and Educational Solutions, PLC$203
44Charles F. Hyman$91

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