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Friday, October 4, 2024

HHS provides $252.7 million to businesses in Little Rock under CARES Act

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Through the fourth quarter of 2020, businesses in Little Rock received $252.7 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 Arkansas received $931.5 million 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $559,080 while the state's average loan amount was $270,064.

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
1Baptist Health$79,161,838
2St. Vincent Infirmary Medical Center$42,091,446
3University of Arkansas for Medical Sciences$26,193,814
4Arkansas Childrens Hospital$25,395,452
5Arkansas Childrens Northwest, Inc.$11,114,013
6Baptist Health Hospitals$9,221,805
7Central Arkansas Radiation Therapy INST, Inc.$7,147,071
8Conway Community Services$6,443,682
9Arkansas Health Group$2,718,247
10St. Vincent Medical Group$2,580,354
11State of Arkansas$2,241,416
12Arkansas Urology P.A.$1,636,758
13Hospice Home Care, Inc.$1,422,781
14Retina Associates, P. A.$1,104,408
15Midtown Post Acute and Rehabilitation a Waters Community, LLC$858,890
16Briarwood Nursing and Rehabilitation Center, Inc.$857,624
17Orthoarkansas, P. A. F$848,866
18Colonel Glenn Health and Rehab, LLC$834,175
19The Waters of West Dixon, LLC$798,570
20The Waters of Woodland Hills, LLC$798,332
21Hickory Heights Health and Rehab, LLC$790,915
22Radiology Associates PA$764,997
23SLR Health Services, LLC$763,603
24Nursing and Rehabilitation Center at Good Shepherd, LLC$757,228
25Advanced Tissue, LLC$754,851
26LHCG Xlii, LLC$728,246
27Poplar Grove Operations, LLC$707,845
28Little Rock Ambulance Authority$694,712
29Arkansas Enterprises for the Development$667,759
30VVR Healthcare Operations, LLC$628,563
31CHG Hospital Little Rock, LLC$612,261
32Pleasant Valley Nursing, LLC$580,277
33Baptist Health Extended Care Hospital$579,163
34JLM Ventures, Inc.$544,012
35Pain Treatment Centers of America, PLLC$539,409
36Bio-Medical Applications of Arkansas, Inc.$526,007
37Radiology Consultants of Little Rock, PA$501,967
38The Waters of Cumberland, LLC$469,281
39Presbyterian Village, Inc.$443,659
40Dynasplint Systems, Inc.$414,182
41CLR Healthcare Operations, LLC$384,550
42Kavanaughrx, LLC$384,058
43Little Rock Dialysis, Inc.$371,070
44Southern Regional Anesthesiology Consultants, PLLC$370,382
45Arkansas Otolaryngology Center PA$342,829
46Bowen Hefley Rhodes Stewart Orthopedics Pa$335,204
47CHI Arthritis & Rheumatology Associates, PLLC$334,670
48FC of Arkansas, Inc.$327,371
49Seymour Operations, LLC$317,698
50Little Rock Eye Clinic, LLP$315,119

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