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Saturday, November 23, 2024

HHS provides $920,577 to businesses in Seminole under CARES Act

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Through the fourth quarter of 2020, businesses in Seminole received $920,577 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 $61,372 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
1Seminole Nursing Home, Inc.$533,072
2Eastern Hills Hospice, Inc.$167,114
3Midwest Hospitalist Group, PLLC$78,632
4Seminole Clinic, PLLC$35,128
5Medicus$34,222
6Karefirst Iowa, PC$19,546
7Seminole Vision Care, Inc.$17,026
8Seminole HMPN, LLC$9,151
9Mental Health Services of Southern Oklahoma$8,103
10Dennis W. Harris Inc., D.D.S.$6,461
11David Keck, D.D.S.$4,832
12Lori Andrews V. Lpc$3,986
13Harmony Home Care, Inc.$2,078
14New Life Chiropractic$952
15Seminole Drug, Inc.$274

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