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Tuesday, November 5, 2024

HHS provides $89.9 million to businesses in Lansing under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Lansing received $89.9 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 $394,289 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Edward W Sparrow Hospital Association$55,714,808
2Sparrow Carson Hospital$10,111,133
3Sparrow Ionia Hospital$5,187,549
4Sparrow Clinton Hospital$4,938,011
5ECS Western Michigan, PC$1,132,893
6Eaton Care Center, LLC$977,713
7Mid Michigan Eye Care Center, PC$939,560
8Capital Area Opco, LLC$864,283
9Saginaw Opco, LLC$674,767
10Lansing Opco, LLC$614,327
11Jackson Opco, LLC$543,924
12Southwestern Michigan Emergency Services, PC$498,825
13Sparrow Specialty Hospital$443,665
14Joshua P June, D.O.$386,709
15Capital Internal Medicine Associates, P.C.$344,067
16Physician Anesthesia Service, PC$330,898
17Lansing Urgent Care, PLC$329,379
18Capital Area Anesthesia, PC$251,713
19Hospice of Lansing, Inc.$242,292
20Advanced Rheumatology, PC$230,401
21Michigan Gastroenterology Institute$203,373
22Renal Care Group Lansing, LLC$202,127
23Lansing Institute of Behavioral Medicine, PLLC$188,478
24Turning Leaf Residential Rehabilitation$178,635
253rd St. Medical Supply, Inc.$177,769
26Anesthesia and Pain Management$172,069
27Genesis ASC Partners, LLC$158,535
28The Apothecary Drug, Inc.$143,240
29Richard a. Pittsley, P. C., M.D.$113,259
30FMS Lansing, LLC$111,549
31Beals Institute, PC$108,913
32City of Lansing$105,920
33East Lansing Orthopedic Association, PC$105,507
34Specialized Homecare, Inc.$97,252
35LA Porte County Anesthesia Associates, LLC$92,530
36East Lansing Dental, PLLC$92,066
37Comprehensive Pain Solutions, PLLC$91,864
38Tri-County Office on Aging$90,028
39Gill Dental, PC$85,031
40Ingham Nephrology and Hypertension, PC$77,554
41Lansing Mercy Ambulance Service, Inc.$72,840
42Peak Performance Physical Therapy, PLC$68,798
43Julie N. Monroy PC, D.D.S.$68,666
44Capital Are Pediatrics, P.C.$67,832
45BDD of Michigan, PC$66,847
46Legacy Physician Group, P.C.$64,016
47Wai-Iam, Inc.$63,380
48Richard F Rule PC, OD$61,993
49Delta Retirement Center, Inc.$54,877
50Jason Cochran PC, D.O.$49,032

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