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Friday, November 22, 2024

HHS provides $259,092 to businesses in Hailey under CARES Act

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Through the fourth quarter of 2020, businesses in Hailey received $259,092 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 Idaho received $386.3 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 Pocatello Hospital, LLC with a total of $9.9 million. The average loan size in the city was $18,507 while the state's average loan amount was $165,067.

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
1St. Lukes Clinic Wood River, LLC$149,843
2Lukes Family Pharmacy, LLC$30,000
3Silvercreek Living, LLC$18,457
4Luke Whalen, D.D.S.$12,868
5Trustee Hailey Holdings, LLC$10,925
6Jeffrey R Roth, D.M.D.$10,901
7Verst Spine & Orthopedic Care, PLLC$7,512
8Hailey Sport and Spine Physical Therapy PA$5,380
9Dan Parke, PC$4,362
10Boulder Mountain Physical Therapy$3,118
11Hailey Chiropractic Clinic, PLLC$2,938
12Tom Crais PC, M.D.$1,709
13KH Counseling & Health Center, LLC$775
14Atkinsons Market, Inc.$304

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