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Lafayette Reporter

Saturday, November 16, 2024

HHS provides $110 million to businesses in Lafayette under CARES Act

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Through the fourth quarter of 2020, businesses in Lafayette received $110 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 Louisiana received $2.1 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 Ochsner Clinic Foundation with a total of $139.4 million. The average loan size in the city was $213,673 while the state's average loan amount was $320,728.

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
1Lafayette General Medical Center, Inc.$26,383,903
2Orange Emergency Services, PC$9,999,988
3Acadian Ambulance Service, Inc.$9,183,060
4University Hospital & Clinics, Inc.$9,064,426
5Our Lady of Lourdes Regional Medical Cen$6,629,993
6Board of Governors of Dallas County Medical Center$3,702,875
7-II, LLC, LLC$2,715,262
8-I, LLC, LLC$2,458,259
9North Alabama Specialty Hospital$1,484,002
10Heart Hospital of Acadiana, LLC$1,332,482
11Acadian Oaks Nursing Home, LLC$1,093,652
12Neighbors Pharmacy, LLC.$1,044,964
13Lhcg-XII, LLC$1,009,002
14DHC Opco-Carrollton, LLC$975,867
15LHCG Cxli, LLC$915,613
16Pediatric Group of Acadiana$900,211
17Park Place Surgery Center, LLC$850,704
18Lafayette Surgical Hospital, LLC$808,249
19Amelia Manor, Inc.$790,081
20DHC Opco-Columbus, LLC$769,481
21DHC Opco-Pineville, LLC$749,601
22LHCG Cxlix, LLC$741,885
23Southern Urology, LLC$724,389
24Lafayette Health Ventures, Inc.$637,213
25Leading Health Care of LA., Inc.$636,276
26Oakwood of Acadiana, LLC$588,751
27Lafayette Cardiovascular Center of Excellence, LLC$581,711
28Cardiology Specialists of Acadiana, LLC$566,350
29Sarver Family, LLC$541,865
30Nations Healthcare, LLC$524,852
31Ltac of Louisiana, LLC$523,326
32Hospice of Acadiana, Inc.$505,306
33Lafayette Physical Rehabilitation Hospital, LLC$500,173
34Louisiana Orthopaedic Specialists, LLC$469,600
35Grace Hospice and Palliative Care, LLC$450,368
36Acadian Homecare, LLC$416,678
37DSRM Lafayette Opco, LLC$415,982
38Synergy Home Care Acadiana Region, Inc.$403,462
39Oil Center Surgical Plaza$378,970
40Teche Specialty Hospital, LLC$362,097
41Lafayette Arthritis and Endocrine Clinic APMC$354,945
42Genesis Behavioral Hospital, Inc.$337,451
43Anesthesiology & Pain Consultants, LLC$333,534
44Louisiana Dental Professionals, Donovan Dronet, D.D.S.$330,717
45Acadiana Retina Consultants, LLC$288,671
46Compass Behavioral Center, LLC$288,101
47Mid Ohio Emergency Physicians, LLP$267,045
48Acadiana Vascular Center, LLC$251,202
49Regional Hospice and Palliative Services-Southeast, LLC.$245,079
50Today's Eyecare, LLC$241,646

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