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Wednesday, November 6, 2024

HHS provides $1.1 million to businesses in Eden under CARES Act

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Through the fourth quarter of 2020, businesses in Eden received $1.1 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 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 $59,617 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1SSC Eden Operating Company, LLC$681,400
2Dayspring Family Medicine Associates, PLLC$120,154
3Eden Internal Medicine, PLLC$84,334
4Piedmont Urology Associates, Inc.$41,538
5Beavers Dermatology & Skin Surgery, PLLC$38,581
6NC Emergency Physician Services, PLLC$36,304
7Insook Smith, PA, D.D.S.$36,112
8Bryan R. Spurrier, P. A., D.D.S.$30,598
9Rockingham Internal Medicine Associates PA$23,867
10Piedmont Podiatry Associates, PLLC$17,313
11Dr. Roy C. Turner Optometrist Pa$7,578
12John R. Dabbs JR. DC, PC$3,344
13Eden Drug, Inc.$2,875
14Laynes Family Pharmacy$2,350
15Two Rivers Physician Practices, LLC$2,224
16Huffman Medical, Inc.$1,600
17Rockingham County Healthcare Alliance$1,121
18Mitchell's Discount Drugs, Inc.$860
19Health Paradigms, PLLC.$567

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