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Friday, November 15, 2024

HHS provides $1.7 million to businesses in Vienna under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Vienna received $1.7 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 West Virginia received $646.6 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 Charleston Area Medical Center, Inc. with a total of $74.2 million. The average loan size in the city was $86,916 while the state's average loan amount was $313,135.

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
1Amedisys West Virginia, L.L.C.$1,471,038
2Valeo Medical, PLLC$53,877
3Parkersburg Surgical Associates, PLLC$50,119
4Seshagiri$31,266
5R Joe Weaver, OD$30,880
6Gregory E Krause, Inc., M.D.$30,299
7Natalie L Cooke, LLC$16,255
8Family Eyedoctors$13,717
9Dustin Huffman and ACH, D.D.S., Inc., D.D.S.$12,263
10Samuel D Bever, D.D.S.$6,787
11Robert Azar$5,961
12Joey Weaver$4,197
13Ermel Harris$3,084
14Riverview Health Clinic, PLLC$3,024
15DR. T. Shawn Stephens and Associates$1,868
16Athena Health Center, LLC$1,609
17John Stavrakis$1,084
18D & B Development Group, LLC$397
19Stephen R Stanley Inc., D.O.$333
20New Day Therapy, LLC$269

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