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Friday, November 22, 2024

HHS provides $18 million to businesses in Cordele under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Cordele received $18 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 Georgia received $3.1 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 Northside Hospital, Inc. with a total of $195.1 million. The average loan size in the city was $949,261 while the state's average loan amount was $299,390.

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
1Crisp Regional Hospital, Inc.$12,516,286
2Careconnect Health, Inc.$3,950,875
3Community Health, Georgia Department of$1,239,039
4David Kavtaradze Inc., M.D.$57,371
5Guido H. Ring, LLC, M.D.$47,378
6Adams Drug Store, Inc.$38,436
7Stevens Health Services, PC$37,276
8Southwest Georgia Rehab, Inc.$36,506
9Doug Hassenpflug, PLLC$36,202
10Fawzi M. Himada & Pediatric Association$29,817
11William White$20,452
12Brad Ford$14,825
13GA Cell and Tissue Diagnostic Center, Inc.$6,970
14Ajay M Kothari LLC, M.D.$1,829
15Cordele Family Medicine, P.C.$1,729
16CRH Vein Center, LLC$563
17Southern Surgical Specialties, LLC.$191
18Crisp County Board of Health$162
19Cordele Optical Disp., Inc.$54

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