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Sunday, September 22, 2024

HHS provides $5.8 million to businesses in Lebanon under CARES Act

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Through the fourth quarter of 2020, businesses in Lebanon received $5.8 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 $343,212 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
1Spring View Hospital, LLC$4,493,114
2The Village of Lebanon, LLC$461,362
3Village of Lebanon II, LLC$352,647
4Family & Internal Medicine Associates, PLLC$295,489
5Fresenius Medical Care Nak Lebanon, LLC$44,853
6Pat's Pharmacy, Inc.$44,000
7Astra Behavioral Health, LLC$40,219
8William D. Kirk, PLLC, M.D.$28,790
9Robert H Smith PLLC, D.M.D.$25,992
10Hometown Smiles Dentistry and Orthodontics$17,380
11Lebanon Family Dental Care, PSC$13,047
12Roderick D.D.C.P.S.C. Coxon$4,622
13Jennifer D. Mullins$3,752
14Diabetes and Nutrition Management of Bardstown, PLLC$3,528
15Francis W. Southall Jr.$2,377
16Lebanon Chiropractic, PLLC$1,786
17Chiropractic Health Center of Lebanon, PLLC$1,649

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