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Fayetteville Standard

Wednesday, October 2, 2024

HHS provides $29.4 million to businesses in Springdale under CARES Act

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Through the fourth quarter of 2020, businesses in Springdale received $29.4 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 Arkansas received $931.5 million 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $367,689 while the state's average loan amount was $270,064.

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
1Northwest Arkansas Hospitals, LLC$21,096,441
2Circle of Life$840,378
3NWA Nursing Center, LLC$824,678
4CWNC OPS, Inc.$819,532
5Shiloh Nursing and Rehab, LLC$595,671
6Windcrest Health and Rehab, Inc.$586,708
7Northwest Arkansas Retina Associates, P. A.$509,118
8Westwood Health and Rehab, Inc.$501,339
9St. Francis House NWA, Inc.$456,745
10Springdale Home Care Services, LLC$412,028
11Regency Hospital of Northwest Arkansas, LLC$369,538
12Ozark Guidance Center, Inc.$365,157
13Eureka Springs Hospital Hospice, LLC$173,389
14Chase Placek Floyd Meggers$165,462
15Oral and Facial Surgery Center$147,186
16Saveritt Pediatrics, PLLC$143,395
17Manning, johnson & Spencer, PA$112,654
18Northwest Arkansas OB/gyn Association, PLC$85,546
19Mckinney Drug Store, Inc.$68,541
20Kimberly Owens A. Optometric Physician Pa$68,540
21Minimal Access Surgery, Inc.$63,909
22Smile Center, PA$58,845
23Darrin Storms Cags PA, D.D.S.$56,671
24Northwest Arkansas Urology Associates, PLLC$54,534
25Boyd O Whitlock III, MS, PA, D.D.S.$50,459
26City of Springdale$48,389
27Providence of Springdale, LLC, PCC$46,872
28Ozark Senior Healthcare, PLLC$45,684
29Trinity Rehabilitation, Inc.$39,799
30Dwight D. Duckworth, PA, D.D.S.$39,333
31Spring Dental Springdale$38,180
32Cotham Dental Group, PC$35,867
33Wendy Cassady Speech Pathology, Inc.$35,285
34Learning and Behavior Solutions, Inc.$32,386
35Thomason Eye Care, P. A.$31,275
36Brittany Ilene Stroope, MSD, Inc., D.M.D.$30,376
37Kidscorp of Fayetteville, Inc.$29,335
38All Aboard Pediatric Therapy, LLC$26,628
39Russ Physical Therapy, LLC$24,621
40James S. Parham P. A., D.D.S.$23,608
41Robert Stark, PA, D.D.S.$22,947
42Northwest Arkansas Paramed Transfer, LLC$20,532
43Family Foot Clinic of Northwest Arkansas PA$18,622
44Orthosource, Inc.$18,606
45Randal S Kimbrough PA, D.D.S.$18,158
46Kids Spot, LLC$18,027
47Brian T Hyatt LLC, M.D.$16,316
48Robert Petrino PA, M.D.$15,786
49Wesley M Andersen PA, OD$12,896
50Martha Ellen Myers PA, O.D.$11,773

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