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Sunday, November 24, 2024

HHS provides $7.3 million to businesses in Ripley under CARES Act

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Through the fourth quarter of 2020, businesses in Ripley received $7.3 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 Mississippi received $1.1 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 State of Missisippi with a total of $57.6 million. The average loan size in the city was $484,076 while the state's average loan amount was $352,837.

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
1Tippah County Hospital$4,544,275
2Gilbert's Home Health Agency, Inc.$1,110,085
3Diversicare of Ripley, LLC$823,319
4Vanguard of Ripley, LLC$410,765
5Nursemed, LLC$285,483
6Family Care Clinic of Ripley$25,303
7Griffin P.A. Dental$24,158
8Gene Norris Howell, JR., P. A., D.D.S.$20,605
9City Medical Supply$12,479
10The Magnolia Women's Clinic PA$1,626
11Martindale & Martindale PA$1,476
12James Brown$562
13Stanford Vision Clinic, LLC$558
14Ripley Eye Care, LLC$377
15James R. Brown$75

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