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NC West Virginia News

Wednesday, October 16, 2024

HHS provides $5.3 million to businesses in Kingwood under CARES Act

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Through the fourth quarter of 2020, businesses in Kingwood received $5.3 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 West Virginia received $646.6 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 Charleston Area Medical Center, Inc. with a total of $74.2 million. The average loan size in the city was $332,380 while the state's average loan amount was $313,135.

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
1Preston Memorial Hospital Corporation$4,834,739
2Preston Memorial Homecare, LLC$200,783
3Preston Urgent Care Family Practice, LLC$111,917
4Preston Healthcare Services, LLC$33,019
5Kamp Central Ambulance Service, Inc.$26,144
6Preston Rehabilitation & Orthopedic Physical Therapy, Inc.$19,116
7Preston Dental Care, PLLC$18,686
8Schwarzenberg & Schwarzenberg MDS$18,445
9Total Family Care, LLC$17,760
10Life Guard, Inc.$14,617
11Christine L. Dearth, Inc., D.D.S.$13,762
12Valley Comprehensive Community Mental Health Center, Inc.$5,286
13Preston County Senior Citizens, Inc.$2,753
14Kingwood Pharmacy, LLC$781
154 Guyz, LLC$149
16County of Preston Board of Health$124

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