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Friday, October 18, 2024

HHS provides $16.3 million to businesses in Youngstown under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Youngstown received $16.3 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 Ohio received $3.8 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 The Cleveland Clinic Foundation with a total of $243.2 million. The average loan size in the city was $88,324 while the state's average loan amount was $290,521.

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
1The Surgery Center at Southwoods, LLC$1,961,368
2Meridian Healthcare$1,063,835
3Thompson Enterprises, Inc.$934,572
4Hospice of the Valley, Inc.$823,056
5EDJ, LLC$746,656
6Liberty Health Care Center, Inc.$690,273
7Gec Youngstown Management, LLC$631,699
8New Day Recovery, LLC$629,668
9Oasis Nursing, LLC$619,760
10Ashley Enterprises, LLC$587,025
11Canfield Leasing Company, LLC$535,872
12Youngstown Area Jewish Federation$502,409
13Boardman Skilled Nursing, LLC$392,486
14Burgundi Manor Operating Company, LLC$388,399
15Eye Care Associates, Inc.$298,681
16Caretenders of Cleveland, Inc.$289,763
17Belmont Eye Clinic, Inc.$271,775
18Akeso Home Health Care, Inc.$270,948
19New Leaf Residential Services, Inc.$224,001
20Generations Behavioral Health-Youngstown, LLC$215,574
21Park Vista SNF OPS, LLC$207,212
22MVI Homecare, Inc.$180,939
23Psy-Care, Inc.$153,974
24Homecare With Heart, LLC$148,184
25Youngstown Committee on Alcoholism$132,815
26Mirkin & Associates, Inc.$132,561
27Northeastern Ohio Infectious Disease Association, Inc.$131,458
28Tadek, Inc.$131,083
29Ohio North East Health Systems, Inc.$126,888
30Lee Eye Center, Inc.$115,076
31Mahoning Valley Emergency Specialists, Inc.$94,006
32Southwoods Anesthesia, LLC$92,102
33Boardman Dialysis Center, LLC$91,769
34MVI Hospicecare, Inc.$91,304
35DR Eyad Michail Aldara, D.M.D.$82,956
36SHC Youngstown Ohio Laboratory Services Company, LLC$81,569
37Board Certified Dermatopathology, Inc.$79,526
38Lee Surgery Center, LLC$78,872
39Cesar Augustin, Inc., D.D.S.$72,523
40Dermatology Centre of Northeast Ohio, LLC$72,264
41Pulmonary Rehabilitation Associates$68,911
42Accessible Home Services, Inc.$63,364
43Alta Care Group, Inc.$61,367
44Fifth Avenue Otolaryngologists, Inc.$60,460
45DR Jenifer R Lloyd, LLC$60,362
46Mahoning Valley Infusioncare$59,301
47On Demand Counseling, LLC$58,744
48Doctors Pain Center, LLC$53,892
49Primary Care Associates$53,330
50Hospitalist Medicine Physicians of Ohio Youngstown$51,974

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