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HHS provides $62.7 million to businesses in Richmond under CARES Act

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Through the fourth quarter of 2020, businesses in Richmond received $62.7 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $1.1 million while the state's average loan amount was $352,160.

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
1Reid Hospital & Health Care Services, Inc.$58,512,391
2Reid Physician Associates, Inc.$1,944,946
3Phillips Drugs, Inc.$301,802
4Neighborhood Health Center, Inc.$216,771
5Whitewater Surgery Center, LLC$198,791
6Wayne County Auditor$154,111
7Spirit Medical Transport, LLC$145,512
8Richmond Radiologists, Inc.$143,496
9Dasco Reid Home Medical Equipment, LLC$142,696
10Isis Medical Incorporated$112,382
11City of Richmond$105,353
12Rancer L. Huntington$59,465
13Center for Pain Management, LLC$49,046
14Retina Consultants of Indiana & Ohio, PC.$43,837
15N. Agrawal PC, M.D.$33,960
16Reid Health Ambulance, Inc.$31,465
17Magdy Rofail PC, M.D.$27,417
18Whitewater Valley Health Care Management and Marketing, Inc.$24,890
19Dana Reihman$24,621
20Abilities Richmond, Inc.$24,005
21Mahendra Kalra$23,210
22DR Reising and Burkhart$21,951
23Pankaj Kumar LLC, M.D.$19,861
24Midwest Mobile Care, Inc.$19,198
25Wayne County Dental Associates, LLC$18,846
26Angela Burke, D.D.S.$18,628
27West Main Family Dental$18,368
28James Reis$18,093
29Richmond Oral Surgery Associates, LLC$17,590
30Cutting Edge Physical Therapy Limited Partnership$17,579
31Internists, Inc.$17,282
32Jack J. Reynolds JR., LLC, D.D.S.$12,735
33Owens Optometry, Inc.$11,681
34Jeung Ahn$11,441
35Jeffery L Gore P C, D.D.S.$11,299
36Cates Optometry, LLC$11,221
37Michael A. Johnson Chiropractic$11,091
38Paul a Bergfelder LLC, M.D.$10,782
39Tinkle Chiropractic, Inc.$8,143
40William Delbert Fisher Inc., D.O.$7,158
41Smile Kids, LLC$6,760
42Mcclain Chiropractic, LLC$6,267
43Whitewater Anesthesia Group, LLC$5,434
44DRS Logan & Bailey Optometrists, Inc.$5,180
45Joyce a. Zagursky LLC, M.D.$3,782
46Teresa Wiggans$3,487
47West Main Street Medical Center, PC$3,377
48MHBN, Inc.$2,101
49Pamela Sams Adult Foster Care Home$1,895
50MTF, PC$1,660

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