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Saturday, September 21, 2024

HHS provides $4.6 million to businesses in Kaplan under CARES Act

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Through the fourth quarter of 2020, businesses in Kaplan received $4.6 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 $382,316 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Kaplan General Hospital, Inc.$3,794,279
2Vermilion Health Care Center, Inc.$688,597
3Luke Mancuso, LLC, D.D.S.$23,689
4Lance Lege, D.D.S.$18,616
5Hub City Physician Group, LLC$18,174
6Vermilion Emergency Group, LLC$12,409
7Randall Faulk$12,220
8Suresh Patel$6,558
9David Tate$4,598
10Whitney L Atchetee, Ltd.$4,038
11Carl Richard$3,227
12Lashekia Toussaint$1,381

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