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Wednesday, November 6, 2024

HHS provides $6.9 million to businesses in Charlotte under CARES Act

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Through the fourth quarter of 2020, businesses in Charlotte received $6.9 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 Michigan received $3.2 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 Henry Ford Health System with a total of $225.1 million. The average loan size in the city was $386,074 while the state's average loan amount was $235,069.

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
1Sparrow Eaton Hospital$5,199,707
2Eaton County Health and Rehabilitation Services$981,427
3Sparrow Community Care$493,794
4Eye Care Associates of Charlotte, PLLC$73,624
5Renal Care Group Charlotte, LLC$65,758
6Central Pharmacy Charlotte, LLC$43,248
7Craft Chiropractic Center, PC$42,994
8Capitol Area Pulmonary Associates, PC$14,973
9Gregory H.D.P.M. Colbert$10,255
10Adult Internal Medicine and Family Care, PLC$8,298
11Emerald Medical Center, PLC$7,614
12DCC, PC$2,726
13Robert D Rolle, PC$2,129
14Balanced Health Chiropractic Center, PLC$1,198
15Lorna Poyer$557
16Zoe Davis$454
17Michael Comer$373
18Charlotte Family and Urgent Care Center, PC$204

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