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Sunday, September 22, 2024

HHS provides $11.4 million to businesses in Henryetta under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Henryetta received $11.4 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 Oklahoma received $1.2 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $877,534 while the state's average loan amount was $249,963.

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
1AHS Henryetta Hospital, LLC$8,824,694
2Good Shepherd Hospice, Inc.$1,625,332
3Fountain View Manor, Inc.$617,144
4Heritage Hospice, LLC$89,148
5Country Style Health Care IX, Inc.$65,728
6A G Swinney Inc., M.D.$50,102
7New Hope Home Health Nursing, LLC$42,368
8Henryetta Eye Center$34,719
9Spring Dental Henryetta, PLLC$20,092
10Green Hills Emergency Physicians, LLC$18,964
11Henryetta Dental Center 2$16,641
12Okemah Pharmacy, Inc.$2,583
13Tommy Thomas$433

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