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Tuesday, September 24, 2024

HHS provides $4 million to businesses in Waverly under CARES Act

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Through the fourth quarter of 2020, businesses in Waverly received $4 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $208,304 while the state's average loan amount was $328,420.

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
1Humphreys County Community Health Services, Inc.$2,999,670
2Humphreys County Care and Rehabilitation$708,905
3King Family Medical, PLLC$119,734
4The Pharmhouse, LLC$32,682
5River Valley Eye Clinic, P C$18,092
6Lawrence Richard Jackson$17,911
7Waverly Medical Center, PLLC$13,277
8DR George T Mathai, PLLC$10,945
9Waverly Clinic, PC$10,399
10Nestor a. Ojeda, M.D.$8,369
11Memorial Clinic, PC$7,373
12Mary Skelton$4,002
13River Valley Physical Therapy$1,743
14Smith Chiropractic Clinic, PLLC$1,696
15Cheri Premeau$1,022
16Morehouse Ouachita Surgery Associates$962
17James H. King$489
18Chiropractic Brings Life$289
19Suzanna Greenwell$215

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