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Saturday, November 16, 2024

HHS provides $6.5 million to businesses in Rayville under CARES Act

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Through the fourth quarter of 2020, businesses in Rayville received $6.5 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 $358,393 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Richland Parish Hospital Service District No 1-B$3,939,866
2Rayville Nursing & Rehabilitation Center, Inc.$731,532
3Colonial Manor Nursing and Rehabilitation Home, Inc.$565,855
4Joseph E Humble and Raymond Haik PTRS$383,406
5Palmetto Addiction Recovery Center$172,534
6B & B of Marion, LLC$151,176
7Rayville Family Clinic, LLC$103,253
8Monroe Cardiovascular Associates$81,823
9Primestar Home Health$70,509
10Rayville Family Pharmacy, LLC$66,442
11Yanceys' Pharmacy$47,695
12Gandy Eye Care a Professional$46,447
13DFA, LLC$31,771
14Richland Therapy Services, LLC$17,370
15Guardian Health Clinic, LLC$16,937
16Total Wellness Advocates, LLC$13,213
17Albert Kerr$9,161
18Gordon B Massengale a Medical Corporation$2,087

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