Quantcast

Shenango Valley News

Wednesday, December 4, 2024

HHS provides $5.6 million to businesses in Sharon under CARES Act

Genbusiness001

Through the fourth quarter of 2020, businesses in Sharon received $5.6 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 Pennsylvania received $4.5 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 Temple University Hospital, Inc. with a total of $166.8 million. The average loan size in the city was $400,469 while the state's average loan amount was $292,417.

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
1Primary Health Network$4,653,854
2Nubridge Associates LP$359,959
3Mcgonigle Ambulance Service, Inc.$298,345
4Usacs Integrated Acute Care Services of Pennsylvania, Ltd.$65,100
5Emergency Medicine Physicians of Mercer County, Ltd.$50,864
6Helping Hands Pediatrics, Inc.$44,893
7Sharon Community Health Center$40,489
8Joel P. Ways$38,328
9Nuchoice Health Partners, LLC$29,129
10Magdy Iskander$8,335
11D & R Pain Management, Inc.$6,927
12Steward Anesthesiology Physicians of Pennsylvania, Inc.$6,124
13Theodore L Yarboro Inc., M.D.$3,482
14Lenhart Chiropractic Clinic, Inc.$742

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS