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Friday, November 22, 2024

HHS provides $5.6 million to businesses in Winfield under CARES Act

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Through the fourth quarter of 2020, businesses in Winfield received $5.6 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 $313,617 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
1Northwest Medical Center, Inc.$4,370,115
2Diversicare of Winfield, LLC$808,555
3Winfield Internal Medicine, PC$165,790
4Hospice of Northwest Alabama$79,029
5NWMC Winfield Physicians, LLC$63,044
6Winfield Obgyn$34,685
7Farouk a Raquib PC, M.D.$27,591
8Winfield Family & Occupational Med, PC$25,466
9Advance Medical Associates, Inc.$23,444
10BFM Enterprises, LLC$15,016
11R. Brian Hollingsworth, LLC, D.M.D.$11,689
12Superior Mobile Imaging, Inc.$11,060
13Clark Weeks, PC$3,637
14Oden-Shirey Drug Company, Inc.$3,235
15Spinal Care and Wellness Clinic, Inc.$1,955
16Marwin Counseling Service$653
17William Lenahan$103
18Wakefields Pharmacy, Inc.$32

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