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Monday, November 25, 2024

HHS provides $5.1 million to businesses in Paris under CARES Act

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Through the fourth quarter of 2020, businesses in Paris received $5.1 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 Kentucky received $1.6 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 St. Elizabeth Medical Center, Inc. with a total of $67.3 million. The average loan size in the city was $212,128 while the state's average loan amount was $337,672.

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
1Bourbon Community Hospital, LLC$4,161,368
2Bourbon Heights, Inc.$605,869
3Kentucky MSO, LLC$106,830
4Dental Health Associates$61,374
5Pam Combs Consulting Services, P. S. C., M.D.$30,996
6Paris Bourbon County EMS$22,275
7Central Kentucky Head & Neck Surgical Associates$17,535
8Brooks Family Dental Dba Downtown Dentistry$14,621
9Paris Family Physicians, PLLC$13,141
10Amanda McCauley Thornberry$11,766
11Richard West$7,478
12Kent Davis$6,664
13Ryan West$6,493
14Murray West$5,905
15Innate, Inc.$4,567
16Ferrell & Allison PSC$4,319
17Jeffery L. Creech Psc$3,483
18Shri Vaish, PLLC$3,279
19Paris Chiropractic, Inc.$1,135
20Maribeth Toller$723
21Trainings Unlimited$598
22Maya Devi$411
23Directcare Family Health, PLLC$143
24Medicine Stop Pharmacy, Inc.$107

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