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Thursday, December 26, 2024

HHS provides $73.8 million to businesses in Saginaw under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Saginaw received $73.8 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 Michigan received $3.2 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 Henry Ford Health System with a total of $225.1 million. The average loan size in the city was $296,498 while the state's average loan amount was $235,069.

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
1Covenant Medical Center, Inc.$38,651,320
2Ascension St. Mary's Hospital$8,937,570
3Healthsource Saginaw, Inc.$7,421,381
4Great Lakes Bay Health Centers$3,196,726
5Samaritas Lutheran Social Services of Michigan$2,244,056
6Mobile Medical Response, Inc.$1,274,129
7Mackinaw Surgery Center, LLC$822,134
8Jonco, Inc.$808,951
9St. Francis Home of Saginaw$609,781
10Advanced Diagnostic Imaging, PC$570,036
11Saginaw Cooperative Hospitals, Inc.$560,836
12A & D Healthcare Professionals, Inc.$560,232
13Select Specialty Hospital Saginaw, Inc.$493,791
14Oncology Hematology Associates of Saginaw Valley, P.C.$489,745
15Saginaw Senior Care and Rehab Center, LLC$489,309
16Saginaw Geriatrics Home, LLC$426,561
17Visiting Nurse Association of Saginaw$397,996
18Active Angel's Home Care$335,800
19Andersen Eye Associates, PLC$285,091
20Mid-Michigan Vascular Surgery, PC$225,269
21Great Lakes Home Health Care Agency, Inc.$202,407
22Towne Centre Surgery Center, LLC$201,591
23Valley Ob-Gyn Clinic$167,129
24Pain Treatment Centers of Michigan, LLC$134,705
25Asa Staffing, Inc.$117,068
26Americans Hospice Care, Inc.$110,585
27Valley Hospice Care, Inc.$105,485
28Benjamin P Ruff, D.D.S.$101,963
29Andersen Eye Surgery Center, LLC$99,707
30Americans Home Health Care, Inc.$97,759
31Michigan Spine and Brain Institute, PC$84,539
32Sheila Chan PC, D.D.S.$79,785
33Select Outpatient Services, Inc.$78,206
34Dialysis Associates, P.C.$77,197
35First State Hospice Care, Inc.$75,707
36Optical Management Services, LLC$72,583
37Frankenmuth Glen ALC, LLC$65,287
38OPS Pediatrics, PLC$64,646
39OHM Speciality Pharmacy, LLC$61,886
40Saginaw Valley Dermatology, PC$61,071
41First State Home Health Care, Inc.$60,915
42Northview Medical House Calls, PLC$60,111
43Michigan Clinic Neurosurgery, PLLC$59,641
44Great Lakes Eye Surgery Center, LLC$58,158
45Saginaw Valley Family Care, PLLC$57,472
46Covenant Pathology Associates, PC$56,664
47Valley Enterprise Associates, PC$56,250
48Saginaw Valley Medical Care, PLC$52,826
49Pain Consultants of Michigan, PLC$48,307
50Shields Comfort Care$47,286

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