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Friday, November 1, 2024

HHS provides $6.5 million to businesses in Geneva under CARES Act

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Through the fourth quarter of 2020, businesses in Geneva received $6.5 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $464,888 while the state's average loan amount was $242,614.

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
1Geneva County Healthcare Authority$6,095,028
2DR Dale Mitchum, Inc.$133,900
3Geneva Medical Group, Inc.$120,883
4John F. Simmons P. C, M.D.$68,888
5Geneva Family Dentistry, LLC$29,670
6Bichir Emergency Physicians, LLC$16,477
7David H. ArnoldP. C., M.D.$15,800
8Geneva Rescue Squad$14,132
9Wiregrass Drugs, Inc.$8,143
10Christopher C Smith Medical Services, LLC$2,200
11Booth Enterprise, Inc.$1,638
12Align Health Care$1,634
13Christopher Smith$23
14TBF & C, Inc.$17

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