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Thursday, October 17, 2024

HHS provides $12 million to businesses in Mayfield under CARES Act

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Through the fourth quarter of 2020, businesses in Mayfield received $12 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 $428,783 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
1Pinelake Regional Hospital, LLC$9,293,747
2Mills Opco, LLC$491,630
3Mayfield KY Opco, LLC$488,406
4Beck Mayfield Opco, LLC$447,100
5Eagle Acquisition III, LLC$382,198
6Green Acres Health Services, Inc.$338,119
7Intrepid of Western Kentucky, Inc.$183,648
8City of Mayfield Office of City Clerk$80,429
9Kentucky in Home Partner-I, LLC$78,375
10Tony Shawn Smith, OD$32,784
11Stone Family Practice, PLLC$27,458
12Graves County Health Department$26,011
13Tas of Kentucky, LLC$25,086
14Williams Family Eye Care, Inc.$22,517
15Mayfield Radiologists Psc$21,347
16Mayfield Pediatric Clinic, PLLC$14,837
17Western KY Family Health Care, Inc.$12,608
18Dale E. Jones PSC, M.D.$12,271
19Mayfield Family Eyecare, LLC$7,388
20Stones Drugs, Inc.$6,825
21WRB Enterprises, Inc.$5,859
22Joseph Williams$2,170
23Graves County Health Services PSC$1,607
24Merit Behavioral Associates, Inc.$1,377
25S E W Enterprises, Inc.$859
26Team Health USA, LLC$685
27Richard Parker$549
28Sidharth Chandra$41

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