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Thursday, October 17, 2024

HHS provides $160 million to businesses in Norfolk under CARES Act

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Through the fourth quarter of 2020, businesses in Norfolk received $160 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $833,403 while the state's average loan amount was $198,948.

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
1Sentara Hospitals$46,234,725
2Potomac Hospital Corporation of Prince William$29,395,716
3Children's Hospital of the King's Daughters$19,847,793
4Sentara Albemarle Regional Medical Center, LLC$12,101,260
5Martha Jefferson Hospital$8,180,307
6Halifax Regional Hospital, Inc.$6,825,712
7Cardionet, LLC$6,358,741
8Sentara Medical Group$5,481,116
9Sentara Princess Anne Hospital$5,340,516
10Sentara Life Care Corporation$2,661,377
11Hospital Authority of Norfolk$1,628,917
12Children's Medical Group, Inc.$1,622,637
13EVMS Academic Physicians and Surgeons Health Services Foundation$1,418,478
14Childrens Specialty Group, PLLC$1,365,000
15Norfolk Facility Operations, LLC$1,221,218
16Waterside Health & Rehab Center, LLC$1,054,455
17601 Children's Lane$710,081
18Fort Norfolk Retirement Community, Inc.$640,850
19Medical Center Radiologists, Inc.$559,114
20Neurology Specialists$451,588
21Mid-Atlantic Post Acute & Long Term Care, PLLC$445,946
22Dominion Health Medical Associates$435,250
23Pelican Health Norfolk, LLC$398,028
24Ear, Nose and Throat, Ltd.$355,135
25Hospital for Extended Recovery$326,661
26Community Alternatives, Inc.$292,811
27Long Term Care of Tidewater, PC$288,323
28Dominion Pathology Laboratories, PC$286,052
29Thornton Hall Nursing and Rehabilitation Center, LLC$256,671
30Virginia Surgery Center, LLC$226,613
31Dollie and Clara Home Healthcare, LLC$224,523
32The Foleck Center$211,478
33Albemarle Physician Services Sentara, Inc.$202,414
34Hope House Foundation$193,542
35Briggs Home Health Agency$151,519
36Retinal Consultants, Inc.$147,989
37Neurosurgical Specialists, Inc.$110,122
38Virginia Ophthalmology Associates, PC$102,921
39Ophthalmic Consultants of Tidewater$87,866
40Mcap Ballentine, LLC$84,627
41Vibrant Smile Dentistry, PLLC$82,184
42Mcap Capitol, LLC$76,002
43Bayview Discount Pharmacy$73,235
44Fort Norfolk Plaza Medical Associates, LLC$72,153
45Tidewater Vascular Access Center, LLC$68,118
46Retina Group of Tidewater, PC$60,511
47Keys to Success Family & Developmental$59,639
48Tidewater Diversified, Inc.$57,802
49Planas and Associates PC, M.D.$50,832
50Internal Life Homecare, LLC$46,841

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