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Monday, November 25, 2024

HHS provides $28.2 million to businesses in Mishawaka under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Mishawaka received $28.2 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $361,166 while the state's average loan amount was $352,160.

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
1Southerncare, Inc.$8,247,120
2Saint Joseph Regional Medical Center Southbend Campus, Inc.$7,788,450
3Michiana Hematology-Oncology, P C$4,403,019
4Hospice of America, Inc.$1,719,427
5The Center for Hospice and Palliative Care, Inc.$1,395,016
6United Surgeons, LLC$812,626
7Radiology, Inc.$528,563
8Nephrology Physicians, LLC$458,126
9Alick's Home Medical Equipment, Inc.$381,960
10Rivercrest Specialty Hospital, LLC$343,320
11Toxusa Labs$257,094
12Michiana Eye Center, LLC$239,684
13Del Pilar Medical & Urgent Care, PC$215,090
14Rehabilitation Associates of the Midwest, S. C.$202,109
15The Centre, PC$111,279
16Northern Indiana Interim Healthcare Company$96,425
17Retina & Vitreous, LLC$94,212
18Michiana Surgery Center, LLC$86,453
19BTN, LLC$81,604
20Kidney Care of Michiana, LLC$49,440
21City of Mishawaka$44,576
22Great Lakes Anesthesia, PC$43,407
23Coulter Family Dentistry, Inc.$38,246
24Paragon Home Health Care, Inc.$35,575
25George a Mighion PC, D.D.S.$31,364
26DR Laura Helmen, Inc.$30,912
27Vertical Plus MRI of Mishawaka, LLC$29,976
28Lawrence R Curry, D.O.$28,016
29Miracle Lane Family Dentistry, PC$27,276
30Ralph F. Carbone JR., D.O.$26,262
31Ajit V Pai, M.D.$25,270
32Corrective Care, PC$21,454
33Linda Monroe$18,958
34Richard Wein, M.D.$16,233
35Spine & Orthopedic Medicine, Inc.$15,191
36James M. Burkart, P. C., D.D.S.$14,715
37Mishawaka Orthopedics and Sports Medicine, PC$14,416
38Michael Salcedo, D.P.M.$14,000
39Sneeze & Snooze Clinic, PC$13,768
40DR. Garcia and Associates, PC$13,269
41Alexander C Gatzimos JD, M.D.$12,886
42Michiana Neurologic Medicine, PC$11,125
43Psychology Associates, PC$9,935
44Cardiovascular Wellness Center, LLC$9,345
45Michiana Neuroscience, LLC$9,333
46Honor Physicians, LLC$9,199
47Wnek Orthodontics, PC$8,566
48Michiana Primary Care, LLC$8,352
49Penn Township Ttee$7,420
50Michael W Spalding, D.D.S.$6,836

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