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Friday, November 15, 2024

HHS provides $11.6 million to businesses in Fayetteville under CARES Act

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Through the fourth quarter of 2020, businesses in Fayetteville received $11.6 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $363,694 while the state's average loan amount was $328,420.

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
1Lincoln Medical Center$9,361,465
2Lincoln Care$958,476
3ELK River Health & Rehabilitation of Fayetteville, LLC$497,034
4Nephrology Consultants, LLC$209,431
5Huntsville Renal Clinic, PC$174,651
6Lincoln Medical Home Health & Hospice$91,339
7Lincoln Medical Center Ambulance Service$67,799
8Hh-Physician Care-Fayetteville Medical Associates$55,871
9Tennessee in-Home Partner-III, LLC$33,395
10Parkway Medical Group, PC$28,764
11Walter C Bennett DC FNP, Inc.$23,598
12Larry Barnes$22,578
13Therafit, LLC$18,065
14Lincoln Medical Group$14,524
15Christopher E Gafford$11,314
16Ear, Nose, and Throat Associates of Middle Tennessee, P.C.$11,190
17William Layman$9,941
18Advanced Family and Urgent Care Clinic, LLC$9,806
19Sarah M Thelen PLLC, M.D.$7,276
20Indira Challa$7,138
21Michael Tepedino$6,841
22William Womble$6,039
23Tri-State Clinic of Chiropractic, PC$4,326
24Carters, Inc.$3,143
25Center for Physical Medicine$1,039
26Daniel R. De Jarnatt$995
27Theresa T Morrison, M.D.$806
28Michael Trahin$671
29Carters at Stone Bridge, LLC$574
30Fayetteville Medical Clinic & Urgent Care$74
31Robert Perkins$49
32ELK Valley Medical Clinic, LLC$10

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