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Saturday, January 18, 2025

HHS provides $9.4 million to businesses in Gadsden under CARES Act

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Through the fourth quarter of 2020, businesses in Gadsden received $9.4 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $76,020 while the state's average loan amount was $242,614.

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
1Quality of Life Health Services, Inc.$1,612,759
2Mcguffey Healthcare, L.L.C$1,192,258
3U S Health Care, LLC$1,019,866
4Southeast Clinical Laboratories, LLC$439,095
5Anesthesia Associates P. A.$392,923
6The Bridge, Inc.$334,742
7Gadsden Regional Physician Group Practice, LLC$308,651
8Sterling Company, Inc.$299,515
9Northeast Orthopedic Clinic, PC$251,593
10Southeastern Psychiatric Management, Inc.$213,445
11Prohealth Hospice-Gadsden, LLC$179,557
12Gadsden Eye Associates, P C$178,410
13Advantage Emergency Medical Services, LLC$148,992
14Southern Cardiovascular Associates, PC$140,567
15Etowah Gastroenterology Associates, PC$130,871
16Northeast Alabama Eye Surgery Center$124,151
17North Alabama Cardiology Center$115,232
18Fresenius Kidney Care Gadsden ACQ, LLC$105,550
19Gadsden Surgery Center LP$102,696
20Oral Surgery Associates, PC$95,145
21Gadsden Pediatric Clinic PA$85,262
22Gadsden Home Care Services, LLC$83,090
23Greater Etowah Mental Retardation 310 Board$73,216
24Doctors Care Physicians, PC$70,564
25Vuepoint Diagnostics, LLC$69,674
26Fuller Medical Solutions, LLC$57,017
27North East Alabama Center for Infectious Disease& Internal Medicine$50,085
28MCT, Inc.$48,326
29Alabama Emergency Physicians, LLC$47,376
30Rehab Partners, P.C.$46,946
31Prime Healthcare Services Gadsden Physician Management, LLC$45,767
32Digestive Disease Specialists of N. E. Alabama, P.C.$44,293
33Absolute Respiratory Care, LLC$42,335
34Legacy Dental, P.C.$42,091
35Hemant K Sinha, PC$40,136
36Family Dentistry Associates PA$39,816
37Advanced Imaging of Gadsden, LLC$38,322
38Comfort Care Home Health of Northeast Alabama, LLC$37,049
39Northeast Alabama Pediatrics, P.C.$35,440
40Akins Medical Clinic$35,100
41Shah Clinic of Neal, LLC$33,381
42Etowah Foot Specialists, Inc.$31,426
43Associates in Dermatology, P.C.$31,317
44Northeast Alabama Nephrology, L.L.C.$30,943
45Advanced Cardio Vascular Associates$27,976
46Dowling & Caldwell PC, M.D.$26,675
47Gordon R Isbell, III, PA, D.M.D.$26,493
48Integrated Medical Clinic, LLC$24,914
49Guy Rosenstiel PC, D.M.D.$24,630
50Kenneth Clay Ellis, JR., D.M.D.$23,929

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