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Saturday, September 28, 2024

HHS provides $4.3 million to businesses in Valentine under CARES Act

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Through the fourth quarter of 2020, businesses in Valentine received $4.3 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 Nebraska received $781.7 million 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 Nebraska Medical Center with a total of $63.1 million. The average loan size in the city was $430,163 while the state's average loan amount was $283,937.

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
1Cherry County Hospital$4,049,963
2Valentine Medical Clinic, LLC$144,280
3Sandhills Family Dental$43,935
4Cherry Hills Estates, LLC$40,124
5William M Suleiman PC, M.D.$10,862
6Complete Chiropractic & Laser, LLC$6,554
7Valentine Physical Therapy and Sports Rehab, LLC$2,167
8Valentine Vision Center, Inc.$2,071
9Chester J. McCormick$1,272
10Konni Kluender APRN, LLC$403

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