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Saturday, September 21, 2024

HHS provides $10.5 million to businesses in Hobbs under CARES Act

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Through the fourth quarter of 2020, businesses in Hobbs received $10.5 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 New Mexico received $586.7 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 Presbyterian Healthcare Services with a total of $123.5 million. The average loan size in the city was $318,792 while the state's average loan amount was $281,930.

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
1Nor-Lea Hospital District$7,237,728
2White Sands Healthcare, LLC$683,859
3Desert Springs Healthcare, LLC$486,214
4New Mexico Healthcare Services, LLC$371,003
5Roswell Clinic Corporation$274,392
6Star Hospice, Inc.$269,758
7The Kidney Care Center, LLC$162,583
8Guidance Center of Lea County, Inc.$157,331
9Island Medical Loe, LLC$131,636
10Lubbock Kidney & Blood Pressure Clinic P a$121,735
11Elite Home Health, LLC$94,084
12Denta Dental$86,456
13Miracle Home Health Care, Inc.$62,803
14City of Hobbs$59,639
15Kidney Disease Associates$42,032
16Supam, LLC$36,910
17Care Dental Hobbs, LLC$35,529
18Therapy Services Associates, Professional Corporation$28,981
19Island Medical Hospitalist Lea, LLC$27,891
20Eye-Site Vision, LLC$26,193
21Eyecare and Eyewear, LLC$25,595
22Sherif Pediatrics Clinic, LLC$23,210
23Cardiosolution Physicians$15,812
24Mamoona Shaikh-Ahmad PA, M.D.$12,447
25DR Aemon R Techeira, LLC$12,271
26Hobbs Orthopaedic & Sports Therapy, PC$10,884
27Del & Associates Nursing Service, Inc.$6,335
28Hobbs Anesthesia Services, LLC$6,326
29LA Victoria Health for All, LLC$4,568
30Legacy Medical Services, LLC$3,210
31Hobbs Open MRI Limited Partnership$1,373
32Misty Smith$1,278
33Ronald P Monteverde PC, M.D.$72

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