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East Central Alabama News

Friday, September 20, 2024

HHS provides $1.8 million to businesses in Talladega under CARES Act

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Through the fourth quarter of 2020, businesses in Talladega received $1.8 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $119,461 while the state's average loan amount was $242,614.

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
1Talladega Healthcare Center, Inc.$1,323,410
2Kids Clinic Pediatric and Adolescent Medicine$103,253
3Benjamin Contratto LLC, D.M.D.$102,268
4Nephrology and Hypertension Consultants, P.C.$87,528
5Nra-Talladega, Alabama, LLC$62,988
6David Judge, PC, M.D.$49,048
7Zack Dollar LLC, D.M.D.$17,115
8DR Pramod Bhatia, LLC$10,771
9Professional Apothecary, Inc.$9,862
10Alabama Eye Clinic, PC$8,425
11Gissendaner Family Dentistry, LLC$7,180
12Therapy South Talladega, LLC$6,459
13Cheaha Eye Associates, PC$2,180
14Preslar Psychological Services, LLC$1,209
15Phillip B Tickner & Associates LLC, OD$217

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