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Kentuckiana Times

Thursday, October 17, 2024

HHS provides $6.2 million to businesses in New Albany under CARES Act

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Through the fourth quarter of 2020, businesses in New Albany received $6.2 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $62,726 while the state's average loan amount was $352,160.

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
1Physicians Medical Center, LLC$874,449
2Rauch, Inc.$533,089
3Northgate Medical Imaging, LLC$532,151
4Associates in Dermatology, PLLC$449,700
5SN Kentuckiana Rehab, LLC$398,200
6Caretenders Visiting Services of Kentuckiana, LLC$357,814
7John Kenyon American Eye Institute, LLC$333,041
8Surgical Care Associates PSC$244,056
9Eye Surgery Center of New Albany, LLC$182,511
10Floyd Emergency Medicine Associates, PC$134,271
11OB/gyn Associates of Southern in$129,938
12Nassim and Associates, PSC$121,209
13TDS Practice Holdings, LLC$113,411
14Extended Care Health Professionals, PLLC$98,039
15The Dermatology Center PSC$79,535
16Kleinert Kutz Surgery Center, LLC$79,108
17Kort Rehabilitation at Home, LLC$75,804
18Ronald L. Receveur, LLC, D.D.S.$74,772
19James R Wharton PSC, M.D.$73,374
20Ohio Valley Medex, Inc.$71,601
21Associates in Counseling and Psychotherapy$70,523
22Lung and Sleep Specialists, PLLC$70,023
23Kentuckiana Dental Group, LLC$69,849
24NP Services of in, LLC$66,873
25Kenneth G Dale LLC, D.D.S.$53,424
26Ladha Psc$48,608
27Ansert Foot & Ankle Center P. S. C.$47,391
28New Albany Outpatient Surgery, LLC$46,103
29Midwest Geriatrics$43,820
30Louisville Wound Care Associates PSC$42,868
31See, LLC$42,515
32Lifespan Resources, Inc.$42,325
33Associates in Infectious Diseases PSC$39,875
34Kentuckiana Geriatric and Palliative Services, PLLC$39,297
35Barron M Compton LLC, D.D.S.$37,479
36Danielle R. Periago$29,262
37James K. Homrighausen$27,602
38Hartman Dental Associates, Inc.$25,647
39Floyd Pathology Associates, LLC$23,884
40Richard Poe Family Dentistry, LLC$23,666
41River Falls Family Dental$22,574
42Netter Family Dental, LLC$20,462
43Growing Kids Pediatrics$18,712
44John Conner$17,802
45Edward Bell$17,231
46Kenneth Didat LLC, D.D.S.$16,900
47Wilson Stemm, LLC, D.M.D.$15,377
48Healing in Motion, PLLC$15,274
49RG Dental Jeffersonville, LLC$14,309
50Adel M. Bichir$13,759

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