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Sunday, November 24, 2024

HHS provides $35.8 million to businesses in Norman under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Norman received $35.8 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 Oklahoma 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $139,997 while the state's average loan amount was $249,963.

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
1Mcalester Regional Health Center Authority$13,051,322
2Norman Regional Hospital Authority$8,902,778
3Absentee Shawnee Tribe of Oklahoma$4,207,773
4Norman Regional Providers-Specialty Care$858,330
5PTMS 3. 0, LLC$743,654
6Premiere Pediatrics, LLC$640,752
7Brookhaven Gardens, LLC$542,300
8MM of Lexington, LLC$459,870
9Sooner Health Services, Inc.$359,219
10Li-Si-WI-Nwi Health, Inc.$292,680
11Lifecare Oklahoma, Inc.$280,863
12Norman Regional Providers-Primary Care$241,702
13Lifecare Oklahoma Hospice, Inc.$227,764
14Orthopaedic and Sports Medicine Center-Norman, P.C.$226,707
15Fort Oglethorpe Emergency Physicians Group, LLC$209,354
16Integris Prohealth, Inc.$179,343
17Summit Medical Group, LLC$177,013
18Spectrum Healthcare Solutions, PLLC$136,377
19Truevine Healthcare$123,130
20Norman Anesthesia Providers, P.C.$123,021
21Harmony Hospice, LLC$122,124
22Faith Hospice of Oklahoma, Inc.$119,540
23Orthodontic Specialists of Oklahoma, PLLC$117,382
24Darin R Haivala PLLC, M.D.$117,170
25Craig and Streight Orthodontics$114,968
26Oklahoma Allergy & Asthma Clinic$109,415
27Express Home Help, Inc.$93,518
28Classen Urgent Care Clinic$93,288
29Norman Vision Clinic, PLLC$92,618
30Classen Family Practice, LLC$91,131
31Norman Radiology Services$86,373
32Elite Pain & Health, PC$82,963
33Dental Depot of Norman, PLLC$80,621
34Heart Clinic of Central Oklahoma, PC$77,270
35Norman Interventional Pain Management, PLLC$75,688
36Oklahoma Family Dentistry$72,882
37Orthodontics Exclusively, PLLC$68,975
38DR Mindi Combs, PLLC$64,541
39Kimberly M. Wise, P. C., M.D.$63,841
40Smile Solutions, PLLC$60,606
41Doctors Park Home Health, Inc.$57,575
42Norman Endoscopy Center, LLC$53,564
43Kindful Hospice Norman Oklahoma City, LLC$53,146
44Dental Design Studio$51,936
45Thomas D Urice LLC, M.D.$49,892
46Rose Rock Dental, PLLC$45,263
47David K Duncan, PC$45,147
48Derek R Mask PLLC, D.D.S.$43,841
49Phillip R. Parker, MS, MS, PC, D.D.S.$43,818
50Geoff Potts, Inc., D.D.S.$39,750

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