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Friday, October 18, 2024

HHS provides $5.1 million to businesses in Glen Rose under CARES Act

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Through the fourth quarter of 2020, businesses in Glen Rose received $5.1 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 Texas received $6.9 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 Memorial Hermann Health System with a total of $309.8 million. The average loan size in the city was $462,080 while the state's average loan amount was $221,294.

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
1Somervell County Hospital District$3,974,758
2Glen Rose Nursing and Rehabilitation, LLC$681,437
3Lee Healthcare, Inc.$219,468
4Glen Rose Healthcare, Inc.$132,481
5Steve G. Surratt, P. A., M.D.$32,921
6Lee Healthcare Medical Supply, LLC$21,901
7County of Somervell$10,205
8Fossil Rim Emergency Physicians, PLLC$8,763
9Jennifer Cullen$403
10First Lone Star Pharmacy Group, LLC$320
11John Shackelford$224

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