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Monday, November 25, 2024

HHS provides $67.6 million to businesses in Naples under CARES Act

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Through the fourth quarter of 2020, businesses in Naples received $67.6 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $135,964 while the state's average loan amount was $152,608.

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
1Naples Community Hospital, Inc.$27,320,560
2Naples HMA, LLC$6,065,872
3NCHMD, Inc.$3,354,173
4University of Miami$2,069,469
5The Moorings Incorporated$2,049,526
6Avow Hospice, Inc.$1,406,601
7Retina Consultants of Southwest Florida, PA$1,272,648
8Solaris Healthcare Imperial, LLC$1,052,799
9Willough Healthcare, Inc.$1,050,934
10Neuroscience and Spine Associates$687,816
11777 Ninth St. North Operations, LLC$650,965
12Pelican Bay Retirement Services, Inc.$540,534
13Solaris Healthcare North Naples, LLC$529,508
14Joint Implant Surgeons of Florida PA$523,047
15Florida Department of Health$508,745
16Collier Neurologic Specialists, LLC$497,133
17Collier HMA Physician Management, LLC$458,814
18Collier County Board of County Commissioners$458,750
19Fyzbiz, LLC$405,932
20Collier Boulevard HMA Physician Management, LLC$354,696
21Naples Heart Rhythm Specialists Pa$350,393
22Jeffrey a Alper PA, M.D.$337,353
23Surgery Center of Naples, LLC$305,172
24Collier Sports Medicine and Orthopaedic Center$283,347
25Angel's Medical Company, LLC$281,900
26David Lawrence Mental Health Center, Inc.$278,389
27Mai Huynh-Le, PA, D.M.D.$249,081
28Family Foot and Leg Center, P. A.$234,800
29Innovative Healthcare Group$229,451
30Naples Pathology Associates PA$226,856
31Terracina III, LLC$221,980
32Naples Dermatology Pa$212,390
33Joseph Onorato M D, P C$211,109
34Proscan Imaging Naples, LLC$209,200
35Montgomery Eye Center, Inc.$206,334
36Regional Rehab Associates PA$204,520
37Skin Wellness Physicians, LLC$199,148
38Physicians Day Surgery Center, LLC$196,818
39Joint Replacement Institute, LLC$195,567
40Americare Home Health Services, Inc.$184,895
41The Vascular Group of Naples$176,939
42Brian a Harris PA, M.D.$164,361
43Naples Vascular Specialists$157,881
44Collier Otolaryngology Head and Neck Surgery PA$152,999
45Jeffrey L Zimm PA, M.D.$145,352
46Doctors Outpatient Surgery Center, LLC$139,126
47Premier Endoscopy Center, LLC$136,948
48Naples Interventional Cardiac$134,791
49Florida Gulf Coast Ear Nose and Throat, LLC$133,417
50Naples Rheumatology, PLLC$132,465

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