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Saturday, November 23, 2024

HHS provides $16.6 million to businesses in Fairbanks under CARES Act

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Through the fourth quarter of 2020, businesses in Fairbanks received $16.6 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 Alaska received $239.4 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 Alaska Native Tribal Health Consortium with a total of $29.1 million. The average loan size in the city was $136,044 while the state's average loan amount was $223,924.

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
1Fairbanks Memorial Hospital, LLC$9,054,541
2Shane D Rhoton, LLC$1,143,592
3Fairbanks Native Association$1,071,909
4Fairbanks Resource Agency$766,209
5Denali Center, LLC$536,003
6Fairbanks Cancer Care Physicians, PC$469,968
7Tanana Valley Clinic, LLC$408,174
8Family Centered Services of Alaska$339,444
9Interior Community Health Center$176,008
10Todd Wentz MS APC, D.D.S.$160,699
11Radiology Consultants a Professional Corporation$150,984
12Skagit Radiology PS, Inc.$146,323
13Katherine E Johnson PC, M.D.$127,595
14Ear Nose & Throat Clinic, Inc.$110,388
15Renal Care Group Alaska, LLC$102,194
16Eye Clinic of Fairbanks, Inc.$96,973
17Chena Obstetrics & Gynecology, PC$87,435
18Young Smiles Children's Dentistry, LLC$78,978
19Surgery Center of Fairbanks, LLC$65,964
20Mckinley Orthopedic and Sportsmedicine, LLC$63,389
21Fairbanks Memorial Cardiology Center, LLC$62,038
22Pathology Consultants, Inc.$50,214
23Aofs Van Leeuwen, P.C.$44,947
24Fairbanks Clinic, Inc.$44,511
25Pete B Higgins LLC, D.D.S.$44,157
26Home Town Physical Therapy, LLC$42,748
27Phyllis Pendergast PC, D.M.D.$42,336
28Kimberly J. Wonderlich$41,281
29City of Fairbanks$41,018
30John P Bast Inc., D.D.S.$38,171
31Arva Chiu$37,715
32Pierre M Johnson PC, M.D.$37,000
33Otter Dental, PC$36,405
34Frost Dental Fairbanks, LLC$34,787
35Derek W Lowe PC, D.M.D.$34,506
36Arctic Chiropractic Fairbanks, LLC$33,064
37Fairbanks Orthodontic Group$29,578
38Fairbanks North Star Borough$28,405
39Nanook Dental$27,757
40Tanana Valley Urology, LLC$27,457
41Jonathan Gerik$26,944
42Fairbanks Memorial Home Medical Equipment, LLC$25,383
43Andrew Wappett PC, D.M.D.$24,548
44Adient Alaska, LLC$23,223
45Melissa M. Webster$22,720
46Fairbanks Pain Consulting, LLC$21,319
47Step-in Autism Services of Alaska, LLC$20,141
48Evanl Wheeler PC, D.D.S.$19,911
49David M Stieber Facc Inc., M.D.$18,951
50Anderson Dental, LLC$18,323

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