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Sunday, September 29, 2024

HHS provides $6.1 million to businesses in Hamilton under CARES Act

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Through the fourth quarter of 2020, businesses in Hamilton received $6.1 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $408,724 while the state's average loan amount was $242,614.

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
1Marion Regional Medical Center, Inc.$4,363,967
2North Mississippi Medical Clinics, Inc.$1,153,270
3Nephrology & Hypertension Associates, Ltd.$302,010
4Aseracare Hospice Hamiliton, LLC$193,527
5Marion Regional Homecare, LLC$69,950
6Raymond Cobb JR, OD$21,978
7Agape Medical Clinic, PC$9,008
8Relias Emergency Medicine Specialists of Hamilton, LLC$4,833
9Ouch Urgent Care of Hamilton, LLC$3,394
10Larry Carter$2,848
11Melissa A. Gibson Shotts Optometrist$2,186
12Harrison Family Chiropractic Center, Inc.$1,566
13CJ Sandlin, LLC$1,312
14Hamilton Chiropractic$894
15Northwest Alabama Hearing Clinic, Inc.$111

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