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Thursday, October 3, 2024

HHS provides $14.8 million to businesses in Russellville under CARES Act

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Through the fourth quarter of 2020, businesses in Russellville received $14.8 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 $197,881 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
1Russellville Holdings, LLC$6,738,630
2Kah Development 4, LLC$1,704,637
3Friendship Community Care, Inc.$1,509,178
4Legacy Heights Nursing and Rehab, LLC$798,332
5Russellville Care Center, Inc.$733,785
6Stella Manor Care Center, Inc.$678,116
7Arkansas Dermatology, PLLC$594,535
8St. Marys Physician Services, LLC$394,149
9Arkansas Heart Hospital Rural Health Services, LLC$320,008
10Counseling Associates, Inc.$175,148
11William J Helms PA, M.D.$108,890
12Eldercare of Arkansas VI, Inc.$96,874
13Trinity River Valley Home Health, LLC$91,333
14Pope County$78,783
15River Valley Therapy and Sports Medicine$64,229
16Radiologists of Russellville PA$63,035
17DRS Johnston and Richardson, PLLC$50,863
18Scott Eye Clinic PA$46,599
19Pathology Services Laboratory PA$45,391
20Russellville Eye Clinic PA$41,957
21Monfee Medical Clinic$34,940
22Central Arkansas Surgical Center, LLC$30,461
23Arkansas Foot Care Clinic, Inc.$27,719
24Lieblong Eye Clinic, PA$24,326
25Forrest G Bale Oral and Maxillofacial Surgery, D.D.S.$22,388
26W Bruce Brown PA, M.D.$21,409
27Hughes Cancer Care, Ltd.$21,298
28Lyons Rehab Services, Inc.$20,189
29Richard L Morgan PA, D.D.S.$19,843
30Ezechiel R. Nehus, PA, M.D.$18,874
31Amy J S Daiber PA, OD$18,455
32Young Homes, Inc.$16,262
33Lane Physical Therapy Center, Inc.$16,088
34Davis Neurology, PLLC$15,295
35Coulter Physical Therapy, Inc.$15,122
36Notto Chiropractic Health Center, Inc.$14,968
37Wood PA, M.D.$14,904
38Owen L Kelly PA, M.D.$14,848
39Robertson Eye Center$13,833
40Stephen M. Killingsworth, PA, M.D.$12,556
41Susan M Heinzen PA, D.D.S.$11,809
42Russellville Gastroenterology Clinic PA$11,798
43Tripp & Tripp, Inc.$10,325
44Russellville Family Dentistry Pa$10,299
45River Valley Foot & Ankle Clinic$9,334
46Bonds Family Dentistry, Inc.$9,326
47Russell B Allison PA, M.D.$8,036
48Arkansas Valley Anesthesia Associates PA$7,487
49Pams Shoes & Pedorthics$4,142
50Oasis Therapy and Wellness Center, LLC$3,802

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