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Friday, November 22, 2024

HHS provides $5.9 million to businesses in Columbus under CARES Act

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Through the fourth quarter of 2020, businesses in Columbus received $5.9 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $325,842 while the state's average loan amount was $245,727.

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. Luke's Hospital, Inc.$4,818,437
2Carolina Ophthalmology Pa$566,947
3Premier Pain Solutions, PLLC$220,253
4St. Luke's Physician Network, Inc.$84,800
5Aveve, Inc.$42,853
6Polk County Emergency Services$34,290
7Blue Ridge Urology Pa$18,486
8Foothills Wellness Center, Inc.$13,937
9Columbus Medical Associates PA$11,898
10Advent Internal Medicine$11,133
11DR Sonya M Clark, PC$9,932
12Medical & Surgical Dermatology, LLC$9,382
13Edney Eye Associates, OD$6,355
14Advanced Wellness Institute$6,116
15Gordon Schneider$5,620
16Carolina Chiropractic Plus of Polk County, Inc.$3,557
17Carolina Mountain Psychiatry Pa$648
18Winn Sams$509

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