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Saturday, November 23, 2024

HHS provides $32.1 million to businesses in Farmington under CARES Act

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Through the fourth quarter of 2020, businesses in Farmington received $32.1 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 $373,429 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1San Juan Regional Medical Center, Inc.$25,754,752
2Four Corners Ambulatory Surgery Center, LLC$971,248
3Farmington Operations, LLC$782,502
4San Juan Oncology Associates, PC$621,795
5Peak Medical Farmington, LLC$609,060
6Silver Falls Dermatology, LLC$592,086
7Welbrook Senior Living Farmington, LLC$301,899
8Four Corners Eye Clinic, PC$218,287
9Basin Home Health, Inc.$208,539
10Basin Coordinated Healthcare, Inc.$189,815
11Orthopedic Associates PA$176,941
12San Juan Medical Group, PC$152,801
13Guardian Angel Home Health, Inc.$132,403
14San Juan Regional Rehabilitation Hospital, Inc.$122,625
15Four Corners Radiology Associates, PC$115,965
16Desert Hills Dental Care, LLC$92,236
17Derek Graff Ltd., D.M.D.$75,018
18DR. Jack O. Smalley, D.D.S.$60,854
19Reliance Medical Group, LLC$55,831
20Pinon Family Practice, PC$54,891
21Skyview Eyecare, Inc.$49,847
22Scott D Allen & Associates PC, M.D.$47,444
23Adult & Pediatric Urology, LLC$45,184
24Four Corners Artificial Limb & Brace$44,544
25Primary Healthcare, Inc.$40,236
26Four Corners Anesthesia P.A.$39,041
27Summit Family Dental of Farmington, LLC$38,009
28Sundance Orthodontics, LLC$31,962
29Joseph a. Wilson, MSD, LLC, D.M.D.$31,399
30Ncdi Animas Professional, LLC$29,707
31San Juan Endodontics, LLC$28,081
32Pinon Hills Ear Nose and Throat Associates PA$25,507
33Red Rock Dental Farmington$24,622
34Four Corners Pain Management, LLC$23,707
35Therapy One, Inc.$22,806
36Beckland Dental Kids, LLC$22,484
37Mesa Family Practice, PC$21,696
38Four Corners Radiation Oncology$20,636
39Special K Fitness, Inc.$18,940
40James R. Cole$18,164
41Southwest Obstetrics and Gynecology$17,865
42Donna M Thompson PC, D.D.S.$15,372
43Four Corners Heart and Lung Institute, PC$13,501
44Tres Rios Pathology, PC$11,445
45Cloud 9 Sleep Center$9,791
46Southwest Family Practice, PC$9,145
47Sunrise Dental Group$8,853
48Lawrence A.O. Adegite$8,366
49My Kidney Care, LLC$8,330
50Todd Williams PC, M.D.$8,160

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