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Saturday, September 21, 2024

HHS provides $5.5 million to businesses in Powell under CARES Act

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Through the fourth quarter of 2020, businesses in Powell received $5.5 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 Wyoming received $186.5 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 Campbell County Hospital District with a total of $16 million. The average loan size in the city was $303,867 while the state's average loan amount was $222,528.

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
1Powell Valley Health Care, Inc.$5,000,273
2Powell Health Care Coalition$319,846
3Yellowstone Sports Medicine and Bone & Joint Clinic, LLC$39,705
4Alpine Medical$38,657
5Big Horn Ankle & Foot, LLC$33,194
6Cottonwood Homes;, LLC$8,449
7Heart Mountain Eyecare Group$5,710
8Brian Oneill$5,705
9Pharmacists Improving Lives, Inc.$4,178
10Live and Learn Center, Inc.$2,221
11Kent H Kienlen, PC$2,148
12Positive Progressions, LLC$1,845
13Lauren Graham, LLC$1,844
14Family Chiropractic Clinic, P.C.$1,788
15Five Springs Health and Wellness Center, LLC$1,682
16Kimberly A. McDowell$1,540
17Big Horn Foot Clinic, PC$625
18Yellowstone Physical Therapy, PC$193

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