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Saturday, November 23, 2024

HHS provides $20.3 million to businesses in Demorest under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Demorest received $20.3 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 $1.2 million 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
1The Hospital Authority of Habersham County$19,712,109
2Gastroenterology Associates of Gainesville, P. C.$209,234
3Gainesville Urology, PC$119,808
4Fresenius Medical Care Kidney Healthcare, LLC$87,525
5Sherwood Clinical, LLC$30,368
6Habersham OB/gyn Associates$28,084
7Family Practice of Habersham, PC$25,273
8Myfamilydoc, LLC$20,780
9Mountain Medical Specialists, PC$20,699
10Garrett Family Medicine, LLC$16,134
11Habersham Family Medicine$14,699
12The Jones Clinic, LLC$10,745
13AA-Pain Management, P.C.$1,595
14Joe Dillard Noggle JR PC, M.D.$1,234
15BMS Pharmacy Services, LLC$435
16Habersham County Health Department$369
17Cmvo, LLC$178

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