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Saturday, November 16, 2024

HHS provides $33.6 million to businesses in Alexandria under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Alexandria received $33.6 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 Louisiana received $2.1 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 Ochsner Clinic Foundation with a total of $139.4 million. The average loan size in the city was $168,699 while the state's average loan amount was $320,728.

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
1Rapides Healthcare System, L.L.C.$7,786,686
2Louisiana Guest House, LLC$2,554,190
3Central Louisiana Surgical Hospital, LLC$1,763,142
4Hospital Physician Services Southeast Professional Corporation$1,262,701
5Lexington House, LLC$940,817
6Alexandria Healthcare, LLC$892,923
7Versailles Healthcare, LLC$796,411
8Progressive Eldercare Services Columbia, Inc.$765,336
9Naomi Heights Nursing & Rehabilitation Center, LLC$762,805
10Compass Behavioral Center of Alexandria, LLC$733,943
11Hematology Oncology Life Center, LLC$730,909
12WCRL, LLC$664,194
13St. John's Place of Arkansas, LLC$661,043
14NC Leasing, LLC$555,311
15RRL, LLC$543,101
16Steed Care, LLC$507,010
17Council, LLC$487,221
18Riverside Hospital of Louisiana, Inc.$483,114
19VCNCL, LLC$461,421
20Briar Hill Rest Home, LLC$451,667
21Summit Health & Rehabilitation, LLC$400,963
22LHCG CXX, LLC$398,805
23Renick P Webb a Professional Medical Corporation, M.D.$393,644
24Compassionate Care Hospice of Central Louisiana, LLC$358,713
25Freedman Memorial Cardiology$297,550
26Miguel a Garcia-Caro LLC, M.D.$260,342
27Freedman Clinic of Internal Medicine, LLP$257,317
28Cenla Heart Specialists, LLC$253,818
29Paul a Guillory a Professional Medical Corporation, M.D.$249,657
30Oceans Hospital of Alexandria, LLC$247,028
31Mid-Louisiana Anesthesia Consultants$236,669
32Guardian Hospice Care, LLC$234,254
33Alexandria Ambulatory Surgery Center LP$212,103
34Cenla Family Medicine Associates, LLC$208,841
35St. Joseph Hospice of Cenla, LLC$203,528
36Red River Sleep Center, Inc.$181,264
37Neuromedical Clinic of Cenla, L.L.C.$164,484
38Christian J Wold LLC, M.D.$160,614
39Allergy & Asthma Clinic of Alexandria$151,637
40LA Imaging Clinic, LLC$138,890
41Dermatology and Skin Surgery Clinic, APMC$138,509
42Louisiana Cardiovascular & Thoracic Institute, LLC$130,113
43LA Imaging Services, LLC$129,456
44Alexandria Rheumatology, LLC$125,507
45Alexandria Neurosurgical Clinic, Inc.$125,178
46Wallace Eye Surgery, AMC, Ltd.$121,934
47Rapides Primary Healthcare Center, Inc.$117,267
48LHCG CX, LLC$117,083
49Home Health of Alexandria, L.L.C$109,800
50Cardiac Cath Lab of Alexandria LP$106,864

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