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Thursday, October 3, 2024

HHS provides $8 million to businesses in Van Buren under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Van Buren received $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 $227,836 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Baptist Health Regional Hospitals$5,261,782
2Wonder Boys Properties of Arkansas, LLC$779,649
3LTC of Van Buren, LLC$755,110
4Crawford Progressive Eldercare Services, Inc.$604,043
5Victoria Healthcare Properties, LLC$87,954
6Van Buren Legacy, LLC$79,349
7Northwest Arkansas Anesthesia Services, LLC$63,587
8IN-Sync Pediatric Therapy Center, LLC$47,955
9Deer Oaks Arkansas, LLC$39,971
10Hope's Creek, Inc.$30,460
11Hamby & Hamby Family Wellness Clinic, PLLC$29,460
12Hightower & Shepard Group, LLC$26,850
13Sophia Meyer Family Medicine, LLC$22,000
14Crown Point Retirement Center, LLC$21,151
15River Lodge Assisted Living, LLC$20,201
16PTFD, PLLC$17,999
17The Crossing at Malvern, Inc.$15,527
18Phillips Landing Emergency Physicians, LLC$13,286
19BB Chiropractic, Inc.$10,925
20Nick Grote Family Dental Pa$10,172
21Pointer Trail Family Clinic, PLLC$8,801
22Deborah P.A. Ashworth$7,623
23Western Arkansas Orthopedic Clinic, PLLC$4,416
24Tamra Physical Therapy, LLC$3,535
25George Tompkins$2,649
26Arkansas Physical Therapy Specialties, LLC$2,116
27Graham Cloverleaf Optical, Inc.$1,822
28Ward Chiropractic Clinic$1,519
29Synergy Physical Therapy, LLC$1,242
30Joseph Followell Pa$1,197
31Hill Vision Center, Inc.$724
32Cameron Mitchell$548
33Barlow Pharmacies, Inc.$366
34Donald Chambers$210
35Northwest Arkansas Physical Ability Testing Center PA$71

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