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Monday, December 23, 2024

HHS provides $70.5 million to businesses in Wilmington under CARES Act

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Through the fourth quarter of 2020, businesses in Wilmington received $70.5 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $195,388 while the state's average loan amount was $245,727.

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
1New Hanover Regional Medical Center$29,167,170
2Liberty Healthcare Group, LLC$14,596,579
3Carolina Healthcare Associates, Inc.$3,659,043
4Wilmington Health, PLLC$2,754,444
5Lower Cape Fear Hospice Incorporated$1,976,489
6Well Care Home Health, Inc.$1,234,111
7Cornelia Nixon Davis, Inc.$1,200,150
8Brunswick Cove Living Center, LLC$920,744
9Carolina Arthritis Associates PA$900,553
10Family Medical Supply, Inc.$821,102
11Accordius Health at Wilmington, LLC$712,985
12Retina of Coastal Carolina, PLLC$662,364
13Peak Resources Wilmington, Inc.$658,727
14Cypress Pointe Rehabilitation Center, LLC$568,784
15East Carolina Rehab and Wellness, LLC$510,779
16Ecep Pa II$469,314
17Am Health Care Services, Inc.$466,629
18Wilmington Eye Pa$395,674
19Wilmington Gastroenterology Associates, PA$356,616
20Delaney Radiologists Group, PLLC$340,569
21Wilmington Surgery Center, LP$298,184
22Wilmington Surgical Associates PA$196,320
23Well Care Health, LLC$185,457
24Wilmington Plastic Surgery Specialists P.A.$182,329
25Susan Andracchi PA, M.D.$165,229
26Coastal Carolina Surgical Associates PA$157,804
27Urology Associates of Southeastern North Carolina, PA$144,575
28Coastal Children's Services, PLLC$133,092
29Senior Health Associates, P. A.$125,842
30Wilmington Gastroenterology Endoscopy Center, Inc.$122,703
31Dermatology Associates PA$122,544
32Wilmington Pathology Associates PA$117,612
33Donald S Bland PA, D.D.S.$116,750
34Scotland Regional Health Network$114,469
35Center for Pain Management, PLLC$110,616
36New Hanover Community Health Center, Inc.$107,881
37DR. Reamer & Associates, PA$106,515
38Zumbro and Connell, Inc.$106,173
39Coastal Carolina Neuropsychiatric Center PA$106,121
40Wilmington Ear Nose & Throat Association PA$104,051
41Port City Neurosurgery & Spine, P.C.$103,670
42J. A. Mcneill & Sons, Inc.$103,278
43Carolina Pediatrics of Wilm PA$103,034
44Seacoast Skin Surgery, PLLC$101,967
45Frazelle Lee & Winneberger PA, D.D.S.$94,860
46SME USA, Inc.$92,809
47Coastal Carolina Pathology Pa$91,241
48Carolina Sports Medicine &orthopaedic Specialists PA$90,668
49Henry D. Browning IV PA, D.D.S.$88,959
50Bowling Orthopaedics Pa$83,519

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