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Friday, November 1, 2024

HHS provides $1.2 million to businesses in Russellville under CARES Act

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Through the fourth quarter of 2020, businesses in Russellville received $1.2 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 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 $58,448 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
1Russellville KY Opco, LLC$470,800
2Creekwood Place Opco, LLC$180,817
3Kentucky in-Home Partner-II, LLC$138,067
4Priority Primary Care, LLC$119,488
5Whitleys Pharmacy$75,851
6Sumner Radiology, PC$74,539
7Russellville Family Dentistry, LLC$23,063
8Patrick K. Hayden Logan Family Practice$19,592
9Wells Eye Center, Inc.$14,200
10Dale W. Clark$14,071
11Lawrence Joseph Gotts PLLC, D.O.$7,380
12Darla Sherrod Barrow$5,183
13PLJ Anesthesia Associates, LLC$5,041
14Medi-Equip, Inc.$4,880
15Ronald B. Elder, PSC, M.D.$4,439
16Russellville Chiropractic, L.L.C.$4,201
17Bill Webb$3,523
18Yates Pharmacy, LLC$1,869
19Western Kentucky Chiropractic Center PSC$1,509
20Southern Kentucky Oral Surgery Associates, PLLC$450

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