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Saturday, November 23, 2024

HHS provides $8.8 million to businesses in Perryville under CARES Act

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Through the fourth quarter of 2020, businesses in Perryville received $8.8 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 Missouri received $2 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 Childrens Mercy Hospital with a total of $64.5 million. The average loan size in the city was $677,983 while the state's average loan amount was $323,845.

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
1Perry County Health System$7,245,046
2Independence Health System, Inc.$817,947
3Eye Care Specialists, LLC$604,826
4Fresenius Perryville Outpatient Dialysis Services Center, LLC$41,072
5Perry County Memorial Hospital$36,439
6Therapy Solutions, LLC$23,804
7Terrace Gardens Retirement Center, Inc.$19,457
8Stephen M Carron, D.D.S.$13,335
9Keith Moeckel$6,276
10Rickels Family Practice, LLC$2,400
11Perryville Healthcare Corporation$1,827
12Body Works Chiropractic Studio, LLC$1,336
13Carlyle Hearing Center, LLC$12

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