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Monday, November 4, 2024

HHS provides $702,934 to businesses in Paradise Valley under CARES Act

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Through the fourth quarter of 2020, businesses in Paradise Valley received $702,934 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 Arizona received $1.5 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 Banner-University Medical Center Phoenix with a total of $80.6 million. The average loan size in the city was $20,084 while the state's average loan amount was $194,289.

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
1Premier Anesthesia Consultants, PC$95,717
2Arizona Medical Group, LLC$67,449
3Brivadental, LLC$58,398
4ABM Dental ARTS, PLLC$44,002
5Shalom Fialkoff PLLC, D.M.D.$43,284
6Foothills Sports Medicine & Rehabilitation-Scottsdale, Inc.$41,903
7Kelsar, Inc.$39,609
8Desert Orthopedic Specialists, P.C.$35,371
9Praful Reddy PC, Inc., M.D.$31,689
10Susan Wood Endodontics, PLLC$30,085
11Woodruff Dental, PLLC$29,933
12Stonecreek Medical Associates, PC$28,725
13James B Miller, PLC, D.M.D.$24,914
14Zinn Grins, PLLC$15,409
15W. Brian Powley, D.D.S.$15,369
16Internal Medicine of the Valley, PLC$14,866
17Rowe & Associates Dental Care, PLLC$14,066
18Siri Priyam, LLC$11,952
19Universal Anesthesia Associates, PLLC$9,761
20Covenant Care Family Medicine, Inc.$8,149
21Sunbelt Clinics, PLLC$7,385
22Thomas J Rick PC, M.D.$5,588
23Bruin Neurophysiology, PC$5,400
24Simply Together, LLC$5,227
25Susan Schwartz$4,240
26Manzanita Medical, PLLC$3,454
27AZ Chiro Care, LLC$2,804
28Jeffrey S Katz, PLLC, M.D.$2,313
29Casa Medical, Inc.$1,717
30Bruce J YEE PC, M.D.$1,559
31MHPV Holdings, PLC$1,391
32Choice Pain Solutions, LLC$370
33Lester R Klebe, D.P.M.$369
34Stephen P Beals PC, M.D.$268
35Incredible Health, LLC$198

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