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Sunday, November 24, 2024

HHS provides $65.1 million to businesses in Tupelo under CARES Act

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Through the fourth quarter of 2020, businesses in Tupelo received $65.1 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 $524,965 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1North Mississippi Medical Center, Inc.$48,197,319
2Pontotoc Health Services, Inc.$4,644,126
3North Mississippi State Hospital$2,126,120
4United Methodist Senior Services Health Care, Inc.$937,551
5CLC of Harriman, LLC$796,284
6Tupelo Nursing and Rehabilitation Center, LLC$794,979
7Diversicare of Tupelo, LLC$723,984
8Northeast MH Mr Commission, Region III$623,769
9Newsouth Neurospine, LLC$454,319
10North Mississippi Ambulatory Surgery Center, LLC$333,200
11Specialty Orthopedic Group of Mississippi, PLLC$281,899
12Urology Professional Association$270,127
13Sanctuary Hospice House, Inc.$233,515
14Sanders Clinic for Women P. A.$200,417
15Center for Digestive Health, LLC$189,951
16Tupelo Anesthesia Group, PA$186,662
17North Mississippi Oral & Maxillofacial Surgery Associates, PA$180,809
18Enterprise Physicians of North MS, P. A.$176,252
19Obstetrics Gynecology Associates PA$175,047
20Tupelo Surgery Center, L.L.C.$161,500
21Unity Hospice Care, LLC.$140,038
22Tupelo Home Health, Inc.$129,329
23North Mississippi Electrophysiology, LLC$127,562
24Family Care Medical Clinic, LLC$123,369
25Dermatology Center of North MS PA$121,889
26North Mississippi Emergency Services, Inc.$117,696
27Wesson Ophthalmology Associates, P.L.L.C.$108,272
28Tupelo Medical Group, LLC$97,597
29Bryson & Caron Dental Partners$91,706
30Orthopaedic Institute of North Mississippi, LLC$90,616
31Surgery Clinic of Tupelo PA$85,400
32Caring Hearts and Hands Adult Conni$81,979
33Joseph J. Chappell, JR., P. A., M.D.$79,441
34Mothershed Optometry Associates, P.L.L.C.$78,981
35Austin Dental Clinic, PA$77,094
36Imaging Center at Gloster Creek Village, PLLC$69,630
37Mark Devin Shepherd$64,507
38Main St Family Dentistry$63,433
39Surgery Associates PA$63,330
40North Mississippi Medical Center Services, LLC$61,213
41Comprehensive Pain Management, LLC$60,980
42Hodges Orthodontics, P.C.$60,661
43North East Orthopaedics PA$59,785
44North Mississippi Faculty Practice Plan, LLC$56,790
45Medical Imaging, LLC$54,177
46Tupelo Pathology Group, P. A.$53,572
47Sog Surgery Center, LLC$52,377
48Endocrine & Metabolic Disorders Institute, PLLC$52,300
49DHS Anesthesia, LLC$49,899
50Dpti Elite Physical Therapy, LLC$49,491

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