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Monday, November 25, 2024

HHS provides $12.7 million to businesses in Lake Havasu City under CARES Act

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Through the fourth quarter of 2020, businesses in Lake Havasu City received $12.7 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 Arizona received $1.5 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 Banner-University Medical Center Phoenix with a total of $80.6 million. The average loan size in the city was $149,908 while the state's average loan amount was $194,289.

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
1Havasu Regional Medical Center, LLC$7,862,699
2Group LHC, LLC$885,491
3Haven of Lake Havasu, LLC$651,710
4Hospice of Havasu, Inc.$505,592
5Arizona Desert Dermatology and Surgery, PC$396,195
6Rheumatology & Arthritis Consultants, PLLC$209,976
7Lakeside Orthopedic Institute, LLC$192,897
8New Hope Hospice of Arizona, Inc.$176,747
9HRMC, LLC$129,656
10Arizona Coast Ear, Nose & Throat, Ltd.$98,428
11FPS Medical Center, Ltd.$82,284
12Kevin J Obrien Inc., D.P.M.$73,657
13Arizona in-Home Partner-I, LLC$64,275
14New Horizons Center for People With Developmental Disabiliti$61,973
15Milemarkers Therapy, Inc.$58,345
16Panacea Brain and Spine, LLC$57,134
17Lake Havasu Family Eyecare, LLC$53,640
18Agave Physical Therapy, LLC$50,445
19Harrison Mark Mcdonald PLLC, D.O.$50,325
20Progressive Rehabilitation Orthopedic Therapy, Inc.$48,388
21Liska's Apothecary Shop, Inc.$47,862
22Colorado River Pain Management, LLC$46,995
23Stuart Adams PC, O.D$43,074
24PBW Optometry, P C$40,816
25Terrence P Gleason LLC, M.D.$39,451
26Havasu Lung and Sleep Disorders Center, LLC$37,487
27Executive Cardiac Arrhythmia Solutions, Inc.$34,496
28Theron C Tilgner, LLC$34,206
29True Rehab of Arizona, LLC$33,068
30Innovative Health Care of Havasu, LLC$30,126
31Lake Havasu Primary Care, PLLC$29,304
32Dental Specialists of NW Arizona, PLLC$28,494
33Sego Medical Associates, LLC$27,295
34Teresa J Tibbetts M D, LLC$26,040
35Mesquite Medical Associates, Ltd.$25,766
36Arizona Coast Wide Open MRI, PLLC$25,701
37Lake Havasu City Valley Dental Associates, P. C.$25,461
38A Nicholas Rizzo M D a L C, P L$25,015
39Southwest Primary Care, Ltd.$24,186
40Kristy Whelan PC, D.O.$23,489
41Foundation Home Health, LLC$22,607
42Quail Ridge Dental, PLLC$21,830
43Allpaps Respiratory Services, Inc.$21,681
44Cardiovascular and Thoracic Solutions$18,971
45Powers Family Practice, PC$17,120
46Mediterranean Mental Health Center, Inc.$16,406
47Philip a St. Raymond PLLC, M.D.$16,359
48Dana Balderrama PC, M.D.$15,976
49Alternate Solutions Care Giver Specialist, LLC$15,835
50Tomas Dentistry, P.C.$15,305

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