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Saturday, November 23, 2024

HHS provides $82.3 million to businesses in Winchester under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Winchester received $82.3 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $556,388 while the state's average loan amount was $198,948.

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
1Winchester Medical Center, Inc.$29,918,905
2Shenandoah Memorial Hospital, Inc.$11,954,548
3Warren Memorial Hospital, Inc.$7,669,535
4Page Memorial Hospital, Inc.$6,888,993
5War Memorial Hospital, Inc.$5,045,133
6Hampshire Memorial Hospital, Inc.$4,998,747
7Valley Physician Enterprise, Inc.$2,543,036
8Shenandoah Oncology, PC$1,667,309
9Fox Rehabilitation Services, LLC$1,404,146
10Valley Regional Enteprises$1,279,520
11Pinnacle Services Winchester, Inc.$1,023,738
12Blue Ridge Hospice, Inc.$781,300
13The Village at Orchard Ridge, Inc.$566,865
14Envoy of Winchester, LLC$510,582
15Selma Medical Association, Inc.$378,051
16Westminster Canterbury of Winchester, Inc.$333,789
17East Mountain Health Physicians, Inc.$238,269
18Winchester Orthopaedic Associates, Ltd.$228,502
19Giovanni P. Iuculano PC, D.D.S.$218,984
20Caring Angels Home Health, LLC$193,796
21Winchester Internal Medicine, Inc.$186,479
22Winchester Pediatric Clinic, PC$180,063
23Winchester Neurological Consultants, Inc.$174,501
24Pediatric Associates of Winchester, P. D.$172,578
25Valley Hospitalists, P.C.$168,473
26Virginia Healthcare Services of the Valley, LLC$157,489
27Virginia Brain and Spine Center, Inc.$139,098
28Retina & Vitreous Consultants of Virginia, PC$134,829
29Arthritis Specialists of Winchester, PC$119,993
30Winchester Eye Surgery Center, LLC$113,055
31NW Works, Inc.$103,251
32Bone & Joint Specialists of Winchester, PC$102,510
33Consultative and Emergency Opthamology, PC$99,431
34Valley Health Surgery Center, LLC$87,170
35Renal Physician Associates of Winchester, PLC$86,999
36Dr. Heather H. Gibson$83,984
37Frederick County Board of Supervisors$81,056
38Gaurav Agarwal MSD PLLC, D.D.S.$77,507
39Eye Associates of Winchester, Inc.$75,483
40Mypotential Virginia, LLC$68,847
41Winchester Community Mental Health Center, Inc.$68,372
42Briar Oak Investments III, LLC$67,994
43Jared J. Pell, PC, D.D.S.$64,913
44Preventive & Rehabilitation Organization$63,060
45Si-Hyeon Lee, PC, D.M.D.$55,193
46John a Stefano PC, M.D.$54,380
47Northern Virginia Eye Institute$54,303
48Winchester Pulmonary & Internal Medicine Associates, PC.$54,063
49Shenandoah Smiles, PC$52,587
50Foot Care Center, PLC$49,081

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