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Saturday, November 23, 2024

HHS provides $598,098 to businesses in Chandler under CARES Act

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Through the fourth quarter of 2020, businesses in Chandler received $598,098 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 $54,373 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
1Chandler Therapy & Living Center, LLC$420,929
2Prairie View Home Health, Inc.$65,557
3Best Physicians at Home, Inc.$43,843
4Crouch Family Medicine, PC$19,974
5City of Chandler$13,966
6Physical Therapy Associates, Inc.$13,328
7Mark G Miles PLLC, M.D.$8,983
8United Emergency Medical Service, LLC$6,416
9K Dean Evans JR PC, OD$3,134
10Hite Drug, Inc.$1,054
11Back to Health Chiropractic, P C$914

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