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Wednesday, October 2, 2024

HHS provides $25.9 million to businesses in Mountain Home under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Mountain Home received $25.9 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 Arkansas received $931.5 million 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $369,775 while the state's average loan amount was $270,064.

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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Baxter County Regional Hospital, Inc.$20,754,863
2MHCNC, Inc.$676,507
3Interventional Pain Management Associates, PLLC$652,695
4Ear Nose and Throat Associates of Mountain Home$320,198
5Regional Family Medicine, PA$313,818
6MHPNC, Inc.$245,636
7Hospice of the Ozarks$239,704
8Ozark Eye Center PA$189,605
9Springfield Neurological and Spine Institute$176,462
10Skin Surgery Specialists of Arkansas$173,970
11Kilgore Vision Center$170,028
12Carti Oncology Solutions, LLC$161,457
13Mark S King, PA, M.D.$160,455
14Regional Orthopaedic Health Care$159,710
15North Central Arkansas Medical Associates$146,666
16Lincoln Paden Medical Group, PLLC$140,759
17Cardiovascular Associates of Northcentral Arkansas, P. A.$118,419
18Ozark Surgical Group$107,258
19Mountain Home Radiology Consultants$95,124
20ARP Foot & Ankle Clinic PA$93,003
21Matthew Dover$90,952
22Three Rivers Senior Services, Inc.$86,693
23Mountain Home Surgery Center$68,612
24Kidspiration Pediatric Therapy Services, Inc.$57,154
25Bradley W Coleman PA, D.D.S.$50,623
26John V. Sullivant, PA, D.D.S.$38,465
27Mountain Home Urology PA$37,944
28Douglas W. Marx., P. A., M.D.$36,435
29Newman Plastic Surgery, P. A., M.D.$28,058
30Eric K Mathis, D.D.S.$19,843
31Physical Therapy Specialists of the Ozarks, LLC$18,331
32Universal Radiology Services, LLC$18,151
33Hayley Plumlee Chiropractic$16,022
34Ozark Pathology Associates$15,550
35Outpatient Surgery Center, Inc.$15,318
36J Harley Barrow JR PLLC, M.D.$15,313
37Mountain Home Psychiatric Medicine, PA$14,523
38Brooks Medical of Mountain Home, Inc.$13,614
39Family Medical Supply, Inc.$12,043
40Mcbride Rehabilitation Group, LLC$10,777
41Twin Lakes Chiropractic Clinic$9,692
42Boyette Facial Plastic Surgery Pa$9,660
43Mountain Home Family Chiropractic$9,540
44Philip Hardin$9,182
45Oak Tree Anesthesia, PLC$9,170
46Davie Medical Equipment, Inc.$8,808
47Physical Therapy Connection$8,754
48Mountain Home Public Schools$7,442
49Joseph Long Dc Pa$6,570
50Ozark Shoulder to Hand Center, LLC$5,597

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