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Lafayette Times

Thursday, October 17, 2024

HHS provides $47.2 million to businesses in Lafayette under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Lafayette received $47.2 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $491,736 while the state's average loan amount was $352,160.

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
1Franciscan Health Lafayette$22,415,607
2Indiana University Health Arnett, Inc.$10,982,358
3Franciscan Health Rensselaer, Inc.$4,450,680
4Unity Healthcare, LLC$1,994,412
5Arnett Clinic, LLC$1,857,516
6Horizon Medical Group, Inc.$923,822
7Lafayette Regional Rehabilitation Hospital, LLC$602,324
8Valley Oaks Health, Inc.$514,110
9Sycamore Springs, LLC$294,576
10Lafayette Emergency Care, PC$256,449
11The Dermatology Group, Inc.$221,684
12Unity Surgical Center, LLC$199,663
13Wabash Center., Inc.$190,076
14Robert T. Williamson$168,396
15Physicians Homecare, L.L.C.$158,183
16Physiocare Hospice, LLC$148,533
17Evans Eye Care, Inc.$133,066
18Lafayette Pain Care, PC$131,097
19Riggs Community Health Center, Inc.$125,013
20Phoenix Paramedic Solutions, LLC$86,934
21Spirit EMS, LLC$84,548
22Advanced Surgery Center, LLC$75,258
23Scott D. Skinner, Inc.$60,752
24Bloomington Emergency Care, LLC$60,000
25Greg Ortman, Inc., D.D.S.$56,941
26Shane T Cope, LLC$52,911
27Lafayette Retina Clinic, PC$47,700
28Henry, Snapp and Lecklitner Dentistry Partnership$46,805
29Lafayette Otolaryngology Associates, Inc.$46,176
30Duane a Gillam$41,038
31LPC Surgery Center, LLC$34,297
32Indiana Neuro-Ophthalmology & Center for Balance$33,707
33Lafayette Oral & Maxillofacial Surgery P$32,218
34Pediatric Associates of Lafayette, PC$30,575
35Periodontal Associates of Lafayette$29,182
36Ashcraft Orthodontics$28,136
37American Orthopedic & Prosthetics, Inc.$27,695
38Oral Surgery Office, LLC$27,234
39Clinical Management Services, Inc.$25,619
40Impact Physician Group Indiana, LLC$25,486
41Jerry Preuss, PC, D.D.S.$24,568
42Lakewood Family Dental of Lafayette, Inc.$24,425
43Vincent M Guido PC, D.D.S.$24,163
44Susan E Snyder, PC, D.D.S.$24,104
45Sagamore Surgical Services, Inc.$23,666
46Challgren Dentistry, P.C.$23,275
47Sean P. Hart, MSD, PC, D.D.S.$23,066
48Alpine Physicians, LLC$21,696
49Lafayette Restorative & Cosmetic Dentistry, LLC$21,635
50Stephen a Cook, MSD, D.D.S.$20,215

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