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Waco Reporter

Wednesday, October 16, 2024

HHS provides $23.2 million to businesses in Waco under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Waco received $23.2 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 Texas received $6.9 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 Memorial Hermann Health System with a total of $309.8 million. The average loan size in the city was $144,984 while the state's average loan amount was $221,294.

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
1Ascension Providence$6,145,341
2Providence Park, Inc.$1,611,795
3Providence Health Alliance$1,319,575
4Lufkin SNF, LLC$843,290
5Deer Oaks Geriatric Services, P C$832,574
6Market Place Healthcare, LLC$822,910
7Pasadena Senior Care, LLC$798,744
8Stanwick Senior Care, LLC$798,389
9Rusk Nursing & Rehab Center, LLC$733,549
10Mcgregor Senior Care, LLC$675,218
11St. Anthony's Care Center, LLC$624,591
12DHC Opco-Waco, LLC$576,335
13SLP Jeffrey Place, LLC$570,370
14Pinecrest Senior Care, LLC$468,742
15CLP Regency of Texas, LLC$388,003
16Waco Bluebonnet Holdings, Inc.$368,127
17Van Senior Care, LLC$351,125
18Heart of Texas Region MHMR Center$338,565
19Rockdale SNF, LLC$297,970
20Heart of Texas Community Health Center, Inc.$278,939
21Central Texas Homecare, LLC$256,961
22Home Health Providence, LLC$197,965
23Hing-Sheung Eugene Fung PA, M.D.$193,937
24Central Texas Nephrology Associates, P. A.$189,054
25Waco Ambulatory Surgery Center, LP$185,522
26Fish Pond Surgery Center, Ltd.$183,705
27Mclennan County Hospitalist Services PA$179,000
28Waco Otolaryngology Associates$168,936
29ABC Hospice, LLC$159,907
30Hillcrest -Ray Physicians X$133,589
31Waco Eye Associates, PA$127,926
32Waco Gastroenterology Associates, PA$121,054
33Pediatric Advanced Life Services Home He$90,165
34Waco Kids Dental, P.C.$80,827
35Progressive Dental Center, P.C.$79,603
36Russell E. Swann PA, M.D.$78,973
37Allergy & Asthma Center$76,423
38Loven's Crystal Clear Eye Care, PLLC$73,273
39Hoffmeyer Tate, Inc.$72,731
40Ivy Reign Support Services, Inc.$65,683
41Advanced Prosthetic Research Waco, Inc.$63,328
42Stonehaven Dental, PLLC$63,225
43Cardiac Cath Lab of Waco LP$59,942
44Starr General Dentistry, Inc.$52,924
45Kids Therapy Specialties, LLC$52,256
46Hub Optical Distributing Company, Inc.$50,929
47Ballew & Associates Podiatry, P. A.$50,178
48Heart of Texas Pediatrics$47,575
49H Bruce Hamilton, PA, M.D.$44,663
50Waco Prosthetics, Inc.$43,670

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