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Saturday, November 16, 2024

HHS provides $1.2 million to businesses in Martin under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Martin received $1.2 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $41,033 while the state's average loan amount was $328,420.

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
1Tennessee Valley Home Care, Inc.$573,342
2Martin Medical Center, PC$150,378
3Martin Childrens Clinic, LLC$103,253
4The Sideline Physical Therapy, Inc.$69,599
5Martin Residential, LLC$39,731
6Moore Dental Office, PLLC$35,664
7City of Martin$27,284
8Eyecare Center, LLC$21,056
9Western Grand Emergency Physicians, LLC$20,548
10Martin Anesthesia Group, Inc.$18,997
11Belinda Merritt$18,648
12Medical Rentals, Inc.$17,207
13Weakley County Family Medicine, Inc.$15,917
14Northwest Tennessee Eye Clinic, PC$13,856
15Martin Orthopaedics, LLC$13,816
16Martin Pediatric and Adolescent Clinic, P$12,025
17Gastroenterology Associates, P C$7,446
18The Hinds Medical Clinic, P.C.$7,169
19Stephenie S. Leyhue$4,483
20Hicks Chiropractic, LLC$4,344
21Donald P Wright & a Peter Bukeavich PTRS$4,026
22Phillip Elliott$2,882
23William Kimmer$2,502
24Precision Chiropractic, PLLC$1,878
25New Perspectives$1,444
26Vans Institutional Pharmacy, Inc.$1,257
27OBHG Tennessee, P.C.$703
28Cory Davis$434
29Seeds of Hope Counseling, PLLC$79

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