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Friday, November 22, 2024

HHS provides $6.8 million to businesses in Salida under CARES Act

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Through the fourth quarter of 2020, businesses in Salida received $6.8 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 Colorado received $1.2 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 University of Colorado Hospital Authority with a total of $96.8 million. The average loan size in the city was $339,467 while the state's average loan amount was $195,593.

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
1Salida Hospital District$6,342,302
2Heart of the Rockies Home Health, LLC$138,142
3Central Colorado Dermatology, P.C.$57,039
4327 Medical Professional Corporation$56,235
5Salida Family Dentistry$51,744
6Monarch Anesthesia$40,539
7Ralph J Wentz PC, D.P.M.$23,518
8Heart of the Rockies Radiology, PC$21,398
9Larry Lund$19,262
10Mountain Peaks Urology, PC$14,907
11Bruce Erickson, PC, D.D.S.$10,737
12At Home Rehab, LLC$4,257
13Chipita Counseling Services, LLC$2,110
14Salida Pathology, P.C.$1,976
15Antero Chiropractic, P C$1,940
16Addante Chiropractic, PC$1,449
17Lisa M Vonderhaar PHD, LLC$1,017
18Jodi Nelan Lcsw Lac$364
19LJCC Services, LLC$273
20Jubilant Restoration, LLC$123

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