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Kokomo Standard

Wednesday, October 16, 2024

HHS provides $11.9 million to businesses in Kokomo under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Kokomo received $11.9 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 $148,698 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
1St. Joseph Hospital & Health Center, Inc.$4,666,627
2Day by Day Hospice, Inc.$1,148,610
3Howard Community Surgery Center C/o Howard Community Ho, LLC$1,128,150
4Community Home Health Network of Indiana, LLC$906,698
5Guardian Angel Hospice, Inc.$639,288
6Howard Regional Specialty Care, LLC$422,551
7Sensational Smiles, PC$333,342
8Bona Vista Programs, Inc.$275,679
9St. Vincent Home Health-Anderson, LLC$275,255
10Elite Home Rehab and Healthcare Corporation$260,846
11St. Vincent Hospice-Anderson, LLC$220,857
12Eye Physicians, Inc.$205,430
13Midwest Eye Retina, PC$142,764
14Family and Cosmetic Dentistry of Kokomo, PC$129,931
15Community Internists and Associates, PC$80,394
16Ladd Dental Group, Inc.$71,958
17Kokomo Endodontics, PC$67,642
18Bruce a. Blackburn, D.D.S.$65,210
19Kokomo Urology, Inc.$49,013
20Mercy Family Health Center, P.C$48,509
21Dental Care, LLC$45,272
22Howard Community Ambulance Service$45,033
23Scott's Home Healthcare, LLC$39,045
24Internal Medicine Physicians, PC$38,865
25Joint Heirs Pediatrics, LLC$38,555
26Kokomo Pediatric Dentistry, LLC$36,686
27Fraiz Dental Group, PC$32,954
28Comfort Home Health, LLC$31,213
29Pediatric Dental Specialists of Indiana, P.C.$30,187
30Kokomo Ambulatory Surgery Center, LLC$28,653
31North Central Indiana Podiatry$27,922
32Senior Care of Kokomo, LLC$26,625
33Roberts Dental Group$26,255
34Suburban Dermatology, LLC$23,318
35James T. Wolfe MSD PC, D.D.S.$23,273
36Hearn Dental Care, LLC$20,094
37Indiana Institute of Immunology, Allergy and Asthma, PC$18,213
38Decleene Optometry, Inc.$17,772
39Bradley Vossberg$17,582
40William R Grider PC, D.D.S.$16,392
41Lakewood Family Dental of Kokomo, PLLC$13,107
42Orthopedic Surgeons of Kokomo, LLC$12,979
43Pfeifer Internal Medicine, PC$12,301
44Step N' Stone, LLC$11,400
45Hubbard Vision Care, LLC$10,305
46Center for EMG & Neurology, LLC$9,410
47C W Bartholomew, PC, D.D.S.$9,043
48Oral Surgery Center of Kokomo, LLC$8,587
49Dawn Sabau$8,559
50Harp, LLC$8,312

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