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SW Arkansas Times

Wednesday, October 2, 2024

HHS provides $3.3 million to businesses in Texarkana under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Texarkana received $3.3 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 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 $148,666 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Anr1, LLC$896,730
2TXKNC, Inc.$663,287
3Texarkana SNF Operations, LLC$526,217
4Texarkana Kidney Disease & Hypertension Center, Inc.$466,708
5Dierksen of Texarkana Arkansas, LLC$252,344
6Riverview Behavioral Health, LLC$201,619
7Texarkana Regional Healthcare Network$57,108
8Vamana, Inc.$48,241
9Dennis Michael Blankenship$31,636
10Spanish Trace Clinic$25,419
11Pearson Eye Institute Clinic PA$22,551
12Ark-LA-Tex Health Center PA$19,119
13Mark a Wren PA, M.D.$18,930
14Doctors Surgery Center of Texarkana$17,373
15Sleepy Anesthesia Associates, PLLC$7,196
16Jerome Watson, LLC$6,154
17Advanced Portable -Ray X$4,776
18Paul Baker$2,188
19John Woodell$948
20Jessica Bennett$882
21NH Enterprises$667
22Cesar Baylon$557

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