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Friday, November 15, 2024

HHS provides $47.7 million to businesses in Fayetteville under CARES Act

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Through the fourth quarter of 2020, businesses in Fayetteville received $47.7 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $157,808 while the state's average loan amount was $245,727.

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
1Harnett Health System, Inc.$15,103,008
2Hoke Healthcare, LLC$10,217,455
3Bladen Healthcare, LLC$4,551,925
4Carrolton Home Care, LLC$1,897,336
5Regional Diabetes and Endocrine Center$890,554
6Haymount Rehabilitation and Nursing Center, Inc.$737,641
7Highland House of Fayetteville, Inc.$688,477
8Knowles Smith & Associates, LLP$671,141
9Cumberland Care, Inc.$608,427
10Amedisys North Carolina, L.L.C.$594,356
11Autumn Care of Fayetteville, LLC$568,209
12Valley Radiology P a$474,586
13Cape Fear Valley Homecare and Hospice, LLC$407,495
14Kidzcare Pediatrics, PC$363,591
15Bio-Medical Applications of Fayetteville, Inc.$352,006
16Cape Fear Center for Digestive Diseases$305,967
17Polley Clinic of Dermatology & Dermatologic Surgery$286,513
18Carolina Heart and Leg Center, PA$275,379
19Renew Counseling Center of NC, LLC$253,170
20Cape Fear Eye Associates$241,329
21Fayetteville Ambulatory Surgery Center Limited Partnership$201,450
22Fayetteville Area Health Education Foundation, Inc.$200,338
23Fayetteville Gastroenterology Associates PA$199,330
24Cape Fear Cardiology Associates PA$194,520
25Medical Imaging Center, LLC$194,462
26Ferncreek Cardiology Pa$186,371
27Fayetteville Orthopaedic Clinic PA$175,307
28Lafayette Clinic PA$173,000
29Neurology & Pain Management, PLLC$165,340
30Fayetteville Heart Center, P.C.$144,396
31B. G. Harrison & Associate PA, D.D.S.$141,521
32Five Points Healthcare of NC, LLC$141,137
33Rainbow Pediatrics of Fayetteville$133,289
34NC Department of Military and Veterans Affairs NC Div of Vet$124,172
35The Eye Center Doctors of Optometry PA$120,661
36Carolina Imaging of Fayetteville, LLC$116,830
37Carolina Rheumatology & Internal Medicine PA$116,382
38Fayetteville Otolaryngology Head & Neck Surgery, P. A.$110,177
39Good Night Medical of Ohio, LLC$105,315
40Haymount Institute for Psychological Services, PLLC$98,096
41True Care Health Service$91,142
42Gooden Mobile Pod NC, PLLC$91,009
43ID Care of NC PA$89,207
44Cid Pa$88,834
45Fayetteville Gastroenterology Endoscopy Center, LLC$86,549
46Ngozika Daka PA, D.M.D.$86,522
47Cape Fear Physical Medicine and$85,725
48Laurence R Mester JR & Associates II PA, D.D.S.$80,906
49Cornerstone Treatment Facility, Inc.$78,643
50Express Discount Pharmacy, LLC$77,389

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