Quantcast

Sw Colorado News

Friday, December 27, 2024

HHS provides $5.6 million to businesses in Pagosa Springs under CARES Act

Genbusiness002

Through the fourth quarter of 2020, businesses in Pagosa Springs received $5.6 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 $349,472 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
1Upper San Juan Health Service District$5,043,353
2Pine Ridge Extend Care Center, LLC$385,292
3Rocky Mountain Physical Therapy and Sports Injury Center$36,420
4The Pagosa Medical Group, LLC$27,210
5Eric Smith$17,850
6C&G Health Care Management, Inc.$17,482
7Maverick County Rural Radiologists P a$14,389
8King Campbell PLLC, D.D.S.$11,447
9Archuleta Eyecare Associates, LLC$10,590
10IN Balance Physical Therapy, LLC$9,062
11Selah Mountain Pharmacy, LLC$5,036
12Alpine Medical and Specialty Practice$3,720
13Richard Anderson$3,316
14R D Parker Associates, Inc.$2,301
15Pagosa Springs Family Medicine Center, PC$2,110
16Monroe Chiropractic Wellness Center, LLC$1,968

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS