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Thursday, October 17, 2024

HHS provides $24.8 million to businesses in Paducah under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Paducah received $24.8 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 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 $212,172 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Mercy Health Lourdes Hospital, LLC$13,849,611
2Continuecare Hospital at Baptist Health Paducah, Inc.$3,355,158
3Pharmacy, Inc.$908,718
4Superior Care Home, Inc.$875,205
5The Ophthalmology Group, LLC$703,208
6Paducah Operating Company, LLC$609,774
7Paducah Center for Health and Rehabilitation, LLC$541,811
8Rheumatology Specialists of Paducah$303,293
9Western Kentucky Regional Mental Health & Mental Retardation$290,368
10Lundberg Medical Imaging$211,730
11Radiology Group of Paducah PSC$199,869
12Ambulatory Surgery Center, LLC$176,030
13DR Butler & Associates, PLLC$168,730
14Mercy Regional Emergency Medical System, LLC$143,869
15Paducah Ophthalmology ASC, LLC$138,782
16Integrated Medicine and Chiropractic Regeneration Center$132,586
17Paducah Dermatology, PLLC$128,263
18Marshall W. Davis Drugs, Inc.$118,000
19Dermatology & Skin Surgery Clinic$101,312
20Easter Seals West Kentucky, Inc.$91,405
21Paducah Physiatric Partners$80,194
22Mercy Health Clinics, LLC$79,005
23Wade Poat$75,742
24James M Woods PSC, D.M.D.$66,339
25Lourdes Ambulatory Surgery Center, LLC$66,091
26James Kyle Turnbo PSC, M.D.$51,202
27Walden & Mangino Dentistry, LLC$50,292
28John Colgan A. Psc$48,598
29Four Rivers Internal Medicine, PLLC$48,000
30Preferred Anesthesia Associates, LLC$46,647
31Atlas Physical Therapy, LLC$45,883
32Broadway Dental Care, PLLC$43,279
33Wellsprings Institute, PLLC$42,879
34Colgan Pediatric Dentistry$42,832
35Radiotherapy Associates, P. S. C.$42,371
36Contemporary Obgyn of Western Kentucky PSC$38,745
37White & White Family Dentistry, PSC$35,500
38Choices Unlimited, Inc.$34,875
39Surgical Group of Paducah PSC$34,805
40James N Eickholz PSC, M.D.$34,648
41Pathology Associates of Paducah, PSC$34,572
42Innovative Eye Surgery Center, PLLC$32,159
43Cunningham Dental, PLLC$30,243
44Total Life Care, PLLC$29,575
45The Eye Center of Paducah$26,678
46Ciampa Oral Surgery Psc$26,095
47Purchase District Health Department$26,043
48Dr. William E.P.S.C. Hay$25,976
49Michael Mangino PLLC, D.M.D.$25,155
50Jeffrey L. Riney & Associates PLLC, M.D.$24,836

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