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Tuesday, October 8, 2024

HHS provides $7.1 million to businesses in Vernon under CARES Act

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Through the fourth quarter of 2020, businesses in Vernon received $7.1 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 Texas received $6.9 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 Memorial Hermann Health System with a total of $309.8 million. The average loan size in the city was $296,875 while the state's average loan amount was $221,294.

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
1Wilbarger County Hospital District$3,970,933
2Solaris Hospice, Inc.$2,158,548
3Vista Living of Vernon, Inc.$525,077
4Vernon Home Health Care Agency, LLC$95,851
5The Eddick Corporation$87,622
6Danny Baird Vernon Dental, PLLC$82,588
7Wichita Falls Cardiac Care PA$56,914
8Sandhill Vernon, LLC$27,044
9Jim B Spears, Inc.$26,691
10City of Vernon$17,279
11Smiles of Vernon, PLLC$14,135
12Vernon Clinic, PLLC$11,823
13Lindsay Streit$8,695
14Chad Brownlow$6,520
15Reynaldo T Tolentino PLLC, M.D.$6,436
16Randall Schaffner$5,725
17Todd R. Smith$5,070
18Wolff Chiropractic Wellness Center P. A.$4,766
19Rosario Carreon$4,165
20Robert H Borchardt PA, M.D.$3,613
21Cardenas Holistic Healthcare, PLLC$3,026
22Pamela G. McSpadden$1,219
23Sue E. Davis$746
24Northside ISD$509

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