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Saturday, November 23, 2024

HHS provides $3.5 million to businesses in Inverness under CARES Act

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Through the fourth quarter of 2020, businesses in Inverness received $3.5 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $64,139 while the state's average loan amount was $152,608.

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
1Citrus Nursing Center, LLC$789,352
2Rotech Oxygen and Medical Equipment, Inc.$703,022
3Vitreo Retinal Surgeons, LLC$250,147
4Bikkasani Ram Hellstern and Chandrupatla Mdpa$237,963
5West Coast Eye Institute PA$228,033
6Meena R Nathan PA, M.D.$162,637
7M Jeffrey Marcus Facs PA, M.D.$158,655
8Brashear's Vital Care Corporation$148,670
9Barracuda Emergency Physicians, LLC$93,985
10Citrus Nephrology Associates, Inc.$67,696
11Suncoast Endoscopy ASC LP$65,589
12Achievement Rehabilitation Through Therapeutic Intervention, Inc.$52,532
13Sharma Institute of Pain Medicine$50,935
14Cardiovascular Services, LLC$41,856
15Anesthesia Physician Solutions of West Florida, LLC$41,825
16Citrus Dental of Inverness, PA$37,690
17Tara Connor PA, D.O.$32,290
18Dermatology Centres, P. A.$31,878
19Family Practice Associates PA$24,546
20David B Raynor PA, D.P.M.$21,645
21Joshua a Summers PA, M.D.$20,932
22V Rama Nathan PA, M.D.$20,810
23Susan C. Reeder$19,444
24Gulf Coast Dental Associates Corporation$19,299
25Arif Sami PA, M.D.$18,517
26Victor T Nothnagel PA, OD$17,222
27Parmanand Gurnani PA, M.D.$15,986
28Douglas Bogart, PA, D.M.D.$14,904
29Carlos G. Govantes, PA, M.D.$13,366
30Suncare Respiratory Services, Inc.$13,145
31Adera & Adera PA$11,986
32Charles a Prentice PA, M.D.$11,630
33Paladin Family Practice P.A.$11,316
34Breathe Rite Respiratory Services, Inc.$10,370
35Angela Acevedo PA, M.D.$10,267
36Beena M Stanley PA, M.D.$8,707
37Ma. Rosario Prieto$6,291
38Life Medical Center of Lecanto, Inc.$5,419
39Inverness Family Care High Risk, PLLC$4,256
40Central Florida Clinic for Rehabilitation$3,967
41Inverness Family Practice P a$3,594
42Clinical Health Psychology Associates, LLC$3,543
43Thomas Matysik$3,539
44Jennifer M L Fox PA, D.P.M.$3,493
45Citrus Regional Clinic of Chiropractic, PA$3,475
46Florencio Prieto$3,095
47Thomas Hibberd$1,929
48Heron Pond Counseling, Inc.$1,895
49Impact Counseling & Consulting, LLC$1,306
50Infinita Salutem Pa$1,033

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