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Saturday, September 21, 2024

HHS provides $476,152 to businesses in Vinita under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Vinita received $476,152 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 Oklahoma received $1.2 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $34,011 while the state's average loan amount was $249,963.

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
1Home of Hope, Inc.$271,645
2Heaven and Earth Hospice, Inc.$78,448
3Jourdan Family Dentistry, P.C.$26,670
4Anesthesia Associates of Oklahoma, PLLC$23,751
5DR. Mickey Tyrrell PLLC, M.D.$19,417
6Osborn Drugs No 2, Inc.$17,803
7Curtis Phillips PC, D.O.$14,602
8James K Butner, OD$10,920
9Neo Orthopedic and Rehabilitation, LLC$8,379
10Sherl Moore PLLC, OD$2,264
11Charles Jennings$1,290
12Green Country Spine & Sport, PLLC$391
13Pharm Vinita Acquisition, LLC$306
14Gregory Lamp$266

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