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Friday, November 22, 2024

HHS provides $9 million to businesses in Parker under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Parker received $9 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 Arizona received $1.5 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 Banner-University Medical Center Phoenix with a total of $80.6 million. The average loan size in the city was $820,489 while the state's average loan amount was $194,289.

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
1LA Paz Regional Hospital, Inc.$4,314,561
2Dhhs Ihs Phoenix Area$4,254,823
3Midwest Internal Medicine, PLLC$188,122
4Parker Medical Center, Ltd.$133,667
5Rio Vista Surgical Associates, P.C.$28,298
6Cardiovascular Center, PLLC$25,000
7Sunset Emergency Physicians, LLC$24,461
8Parker Family Practice, PLLC$20,948
9Sunrise Inpatient Services, LLC$16,864
10Peterson's Home Care, Inc.$15,141
11Judy Crawford$3,497

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