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Friday, November 22, 2024

HHS provides $34.9 million to businesses in Fort Smith under CARES Act

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Through the fourth quarter of 2020, businesses in Fort Smith received $34.9 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 Arkansas received $931.5 million 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $252,573 while the state's average loan amount was $270,064.

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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Mercy Hospital Fort Smith$7,597,687
2Mercy Hospital Waldron$3,635,958
3Mercy Hospital Paris$3,557,368
4Mercy Hospital Ozark$3,535,568
5Area Agency on Aging of Western Arkansas, Inc.$2,066,368
6Mercy Clinic Fort Smith Communities$1,918,428
7Chapel Ridge Nursing Center, LLC$885,103
8Methodist Nursing Home of Fort Smith, Inc.$847,814
9Waters of Fort Smith, LLC$762,408
10SRN Management, LLC$754,936
11Belvedere Nursing and Rehabilitation Center, LLC$701,079
12SRN Management 2, LLC$668,813
13KMJ Enterprises Fianna Hills, LLC$638,423
14Fort Smith Regional Dialysis Center, LLC$573,870
15Meridian Healthcare, LLC$531,783
16Arkansas Liver and Gi PA$456,314
17Select Specialty Hospital Fort Smith, Inc.$441,637
18LHCG Cxviii, LLC$315,093
19FT Smith Rheumatology, PC$309,178
20Radiologists Pa$259,082
21Harbor Valley Health and Rehabilitation, LLC$258,976
22Johnson Dermatology Clinic, PLLC$238,833
23Arkansas Family Supports, Inc.$215,389
24Eye Group, LLC$184,157
25Fort Smith Emergency Medical Service$161,431
26Arkansas Heart Center, PLC$154,750
27Michael V Liggett PA, D.D.S.$130,350
28Scaup Inpatient Services, LLC$125,335
29Radiology Services PA$122,520
30Arkansas Center for Ear, Nose, Throat, Allgery$120,891
31Cisterna Emergency Physicians, LLC$114,256
32Aegis Therapies Minnesota Rehab, LLC$113,209
33Fort Smith HMA Home Health, LLC$94,961
34Coleman Butler FT Smith, LLC$93,204
35Fort Smith Pediatric Dental Group, LLC$92,229
36Prime Physicians, LLC$89,175
37Ennen Eye Center P. A.$86,160
38The Dermatology Center, PLLC$84,447
39Belclin, LLC$78,099
40Lawrence River Valley Pediatric Dentistr$77,418
41Lufkin Radiology Associates$72,897
42Laboratory Medicine Associates$66,007
43DR Bill Keating PA, OD$65,548
44Vision Group ASC, LLC$64,884
45Executive Park Surgery Center of Fort Smith, Inc.$60,475
46Western Arkansas Anesthesiology Associates P. A.$58,651
47Advanced Interventional Pain and Diagnostics of Western Arkansas, LLC$58,313
48River Valley Dental Group$45,643
49Western Arkansas Plastic & Reconstructive Surgery Center$41,257
50Quyen Ha PC, M.D.$40,478

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