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Friday, November 15, 2024

HHS provides $15.3 million to businesses in Rolla under CARES Act

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Through the fourth quarter of 2020, businesses in Rolla received $15.3 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 Missouri received $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 Childrens Mercy Hospital with a total of $64.5 million. The average loan size in the city was $450,850 while the state's average loan amount was $323,845.

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
1Phelps County Regional Medical Center$11,740,948
2SRZ Op Rolla, LLC$640,053
3Silverstone SNF, LLC$633,062
4Missouri Home Care of Rolla, Inc.$563,539
5Rolla Grand, LLC$546,242
6South Central Missouri Community Health Center$359,270
7Pcrmc-Health Services, Inc.$167,538
8Rolla Urgent Care, LLC$137,424
9Rolla Ophthalmology Associates, Inc.$95,415
10Rolla Residential, LLC$85,419
11Rolla Manor, Inc.$68,057
12Dermatology Center, LLC$44,099
13Mid-Missouri Foot and Ankle Center$41,712
14Central Missouri Urology Clinic, Inc.$41,279
15Invision Family Eye Care$25,933
16Rolla Family Dentistry$19,612
17Moorkamp and Arthur Family Dentistry$15,826
18Medical Laboratory Services, Inc.$14,938
19Susan J. Sherrick, MSD, LLC, D.D.S.$14,544
20William Myers$13,523
21Pediatric Dentistry of the Ozarks, LLC$11,891
22Wedgewood Dental, LLC$8,537
23Hope Psychiatric Services, LLC$7,574
24David Moreland$6,805
25V. E. Falkenhain and Associates PC, O.D.$6,382
26Rolla Neurology, Pain & Sleep, LLC$5,429
27The Neurology Group, PC$5,266
28Chiropractic and Spinal Rehab, LLC$3,794
29Benton Street Counseling, LLC$2,253
30Hand Therapy of Central Missouri, LLC$1,092
31Heaberlin Chiropractic & Acupuncture, LLC$730
32Clyde Sellers$693
33Ozark Wellness Practice, LLC$28
34Hillcrest Drug, Inc.$4

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