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Thursday, October 17, 2024

HHS provides $97.2 million to businesses in Morgantown under CARES Act

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Through the fourth quarter of 2020, businesses in Morgantown received $97.2 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 $1.1 million 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1West Virginia University Hospitals, Inc.$74,177,445
2Monongalia County General Hospital Company$9,138,637
3Jefferson Memorial Hospital$5,348,698
4Tender Loving Care Health Care Services of West Virginia, LLC$1,884,087
5Virtual Radiologic Professionals, LLC$996,223
6Mulberry Street Management Services, Inc.$769,977
7West Virginia's Choice, Inc.$753,245
8Monongalia Home Corporation$691,497
9Morgantown Operating Company, LLC$662,094
10West Virginia Homecare, LLC$229,700
11Morgantown Hospice, LLC$206,282
12Dominic J Raymond II, D.D.S.$187,955
13West Virginia University Dental Corporat$175,916
14Morgantown Physical Therapy Associates, Inc.$157,154
15Cardinal Pediatrics, PLLC$132,447
16MGH Surgery, LLC$131,560
17Monongalia County Board of Health$126,279
18Mountainstate Orthopedic Associates, Inc.$95,796
19Monongalia Emergency Medical Services, Inc.$94,847
20Mid-Atlantic Retina Consultations, Inc.$90,837
21Spectrum Optical, PLLC$77,116
22Therapy Services, L.L.C.$65,047
23Sanders' Orthodontics, Inc.$55,187
24Roy E. Day$54,518
25Morgantown Dental Group$50,588
26Mountaineer Home Medical, LLC$48,770
27Mon Healthcare, Inc.$42,948
28Thomas A. Stout$41,153
29Dermatology Center for Skin Health$38,733
30Mace, PLLC, D.D.S.$36,628
31Advantage Health & Wellness, PLLC$35,886
32DRS Wilson & Martino, PLLC$35,797
33Susan Capelle PLLC, M.D.$35,687
34CGLDDS Morgantown, Inc.$34,499
35Joseph G Feghali Inc., M.D.$32,797
36DR K. Paul Wilson, PLLC$32,220
37Jann C Barber PLLC, D.D.S.$30,863
38Companion Care Corporation$29,119
39Fremouw Sigley & Baker Psychological Associates, PLLC$26,047
40Mountaineer Orthopedic Specialists, LLC$24,820
41Chris J Giuliani PLLC, D.D.S.$23,560
42DR. Cynthia D. Parks, PLLC, D.D.S.$22,845
43Ward Paine, PLLC, M.D.$22,681
44DR. Adam J. Myers, PLLC, D.D.S.$21,523
45Allison Wilson, D.D.S.$18,231
46Healthsource, LLC$17,904
47Pineview Dermatology, PLLC$17,825
48Neuropsychology Group of West Virginia$16,902
49Calvert Rehabilitation Group, Inc.$16,096
50Namsupak Inc., D.D.S.$14,895

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