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Sunday, September 22, 2024

HHS provides $24.8 million to businesses in Rutland under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Rutland received $24.8 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 Vermont received $207.1 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 The University of Vermont Medical Center with a total of $30.7 million. The average loan size in the city was $353,776 while the state's average loan amount was $182,812.

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
1Rutland Hospital, Inc.$19,662,164
2Community Health Centers of the Rutland Region$1,366,151
3Rutland Crossings, LLC$913,936
4VNA & Hospice of the Southwest Region, Inc.$834,849
5Forty Six Nichols Street Operations, LLC$716,806
6The Meadows at East Mountain$262,506
7Vermont Sports Medicine Center$217,929
8Rutland Radiologists, P.C.$123,597
9Regional Ambulance Service, Inc.$121,857
10Central Vermont Eye Care, P.C.$52,802
11Family Dental Associates, Ltd.$50,735
12DRS Peter and Lisa Hogenkamp$30,422
13Sonia Yau$29,987
14Rutland Skin Center, PC$29,275
15Minds Over Matter, PC$28,664
16Rutland Family Dental, PLC$23,591
17Allen Pond Dental, PLC$22,221
18Heaton & Fisch Dental Associates$19,708
19Back on Track Physical Therapy, PLLC$16,161
20Patrick J. Cooley, D. C., P. T., P.C.$16,064
21Allan Eisemann$14,682
22High Mountain Corporation$14,407
23Marble Valley Healthworks, LLC$14,336
24Rutland Eye Care$13,423
25Bradford Psychiatric Associates, LLC$13,199
26Associates in Primary Care, LLC$12,929
27Richard E Del Bianco PC, OD$12,754
28Advanced Ankle & Foot Care, PLLC$10,983
29Elizabeth H. Foley, M. D., PC$10,847
30Maurice J. Cyr$9,882
31Morris Physical Therapy, PC$9,739
32Jennifer Fauntleroy, P. C., M.D.$7,362
33Parizo's Spectacle Shoppe, P.C.$6,068
34Rutland Mental Health Services, Inc.$5,535
35Douglas M. Wilson, P. C., O.D.$5,489
36Timothy Cook$5,453
37Chris R Cornelius PC, M.D.$5,127
38Mountain View Psychiatry, PC$5,030
39Vermont Optical Corp$4,618
40Steven Mann$4,390
41Every Body PT, LLC$3,903
42Rutland Naturopathic, PLLC$3,657
43Hope Medical Clinic, PLLC$3,046
44Thomas E Mccormick, PC, M.D.$2,835
45DR. Scott F Webb, OD$2,656
46Nancy Driscoll$2,216
47Rutland Dental Care, PLC$2,059
48Bilancia, Inc.$1,795
49Nancy Ellery$1,528
50Patricia McCullagh$1,506

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