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Saturday, November 16, 2024

HHS provides $12.7 million to businesses in Oxford under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Oxford received $12.7 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $633,623 while the state's average loan amount was $245,727.

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
1Granville Health System$11,028,449
2Wiregrass Hospice of South Carolina, LLC$1,241,300
3Granville Health, Inc.$114,677
4New Century Ophthalmology, PC$70,429
5Alex Drake PA, D.D.S.$30,775
6Angelic Hands Home Health Agency, Inc.$25,127
7Granville-Vance District Health Department$25,100
8North Central Medical Transport, Inc.$22,801
9Robert M Currin PA, OD$22,673
10Shelley Barker Olson, PA, D.D.S.$15,663
11Choice Consulting Services, PLLC$14,091
12Eugene D Day PA, M.D.$13,787
13PS Senior Living, LLC$13,673
14Braxton M Henderson PA, D.M.D.$10,570
15Professional Pharmacy of Oxford, LLC$8,048
16Four County Orthopedics PA$4,543
17New Century Ophthalmology Group, PLLC$4,212
18ABC Pediatric Therapy, LLC$3,129
19Center for Womens Health PA$2,930
20David Satterwhite$478

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