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Saturday, November 23, 2024

HHS provides $7.9 million to businesses in Richlands under CARES Act

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Through the fourth quarter of 2020, businesses in Richlands received $7.9 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $414,874 while the state's average loan amount was $198,948.

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
1Clinch Valley Medical Center, Inc.$6,869,311
2Total Home Health Care, Inc.$330,434
3Preferred Hospice, Inc.$162,266
4Merit Medical Rural Health Clinic-Richlands, Inc.$140,535
5Clinch Professional Physician Services, LLC$132,333
6Town of Richlands$60,320
7Scottie Pharmacy, Inc.$49,099
8Virginia in-Home Partner-VII, LLC$49,070
9Lung Disease and Sleep Disorders, Inc.$37,437
10Ravi K Titha PC, M.D.$10,603
11Muljibhai Thakkar$9,633
12Clinch Valley Family Podiatry, PLLC$9,607
13Commonwealth Oncology Group, LLC$9,023
14Looney Enterprises, LLC$5,732
15Bruce Freedman PC, D.P.M.$3,234
16Associated Hearings & Diagnostics$1,331
17Bailey Chiropractic and Wellness, PC$1,258
18Randys Gateway Drug$1,248
19Glenn a. Harrison, P.C.$140

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