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Hamilton Reporter

Sunday, September 22, 2024

HHS provides $131.6 million to businesses in Chattanooga under CARES Act

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Through the fourth quarter of 2020, businesses in Chattanooga received $131.6 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $339,212 while the state's average loan amount was $328,420.

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
1Chattanooga Hamilton County Hospital Authority$74,661,226
2Memorial Health Care System, Inc.$11,584,263
3Maturecare of Standifer Place, LLC$2,555,074
4Hospice of Chattanooga$2,284,248
5Siskin Hospital for Physical Rehabilitation$2,195,957
6State of Tennessee$1,843,855
7St. Petersburg Nursing Home, LLC$1,696,684
8Memorial Health Partners Foundation, Inc.$1,668,989
9The Orange Grove Center, Inc.$1,176,857
10NHC Healthcare-Chattanooga, LLC$1,171,361
11Main Line Health Imaging, LP$1,089,501
12Anesthesiology Consultants Exchange, PC$953,847
13Chattanooga Orthopaedic Group, PC$952,418
14Advanced Respiratory, Inc.$923,535
15Leewood Investments & Associates, LLC$851,525
16Red Bank Operations, LLC$848,659
17Ocoee Sevierville Health and Rehabilitation Center, LLC$829,629
18Frederick Villa Investments & Associates, LLC$806,624
19Soddy Daisy Healthcare, LLC$797,832
20Hearth Hospice of Tennessee, LLC$789,302
21Raintree Investments & Associates, LLC$768,873
22Cedar Lawn Investments, LLC$676,456
23Stratford House, LLC$673,022
24Sunland-Vero Beach, LLC$663,437
25Radiology Associates of the Main Line, PC$652,857
26Eye Surgery Center of Chattanooga, LLC$618,752
27University Surgical Associates, LLC$608,727
28Ocoee Foundation-Cc, LLC$591,531
29Standardsville Healthcare, LLC$554,620
30Volunteer Behavioral Health$533,414
31Riverview Investments & Associates, LLC$523,711
32River Falls Healthcare, LLC$508,832
33Hamilton Physician Group, Inc.$491,399
34Focus Healthcare of Tennessee, LLC$477,791
35Preferred Healthcare Services of Tennessee, Inc.$440,640
36Beacon Health Alliance, PC$439,693
37Plaza Radiology, LLC$419,824
38Associates in Ear, Nose, Throat/head & Neck Surgery, PLLC$407,125
39Vascular Institute of Chattanooga, PLLC$362,483
40Douglas Investments & Associates, LLC$353,296
41Tennessee Interventional and Imaging Associates, PLLC$345,993
42Chattanooga Allergy Clinic, PLLC$309,222
43Kidney Center of Missionary Ridge, LLC$301,668
44Chattanooga Skin & Cancer Clinic$286,111
45Pediatric Dentistry and Orthodontics of Chattanooga$249,203
46Chattanooga Emergency Medicine, PLLC$230,997
47Ob Medicos, PLLC$225,595
48County of Hamilton$216,979
49Chattanooga Kidney Centers, LLC$200,798
50Prime Imaging C/o Diagnostic Radiology Consultants, LLC$195,703

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