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Friday, November 22, 2024

HHS provides $201.7 million to businesses in Tulsa under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Tulsa received $201.7 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 Oklahoma received $1.2 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $283,291 while the state's average loan amount was $249,963.

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
1AHS Hillcrest Medical Center, LLC$37,654,631
2Saint Francis Hospital, Inc.$23,257,576
3Saint Francis Hospital Muskogee, Inc.$21,339,760
4St. John Medical Center, Inc.$11,343,796
5Saint Francis Hospital Vinita, Inc.$8,999,114
6State of Oklahoma$7,406,090
7Oklahoma Cancer Specialists and Research Institute, LLC$4,087,088
8AHS Southcrest Hospital, LLC$3,851,691
9Warren Clinic, Inc.$3,695,533
10Phoenix Healthcare, LLC$3,439,587
11St. John Anesthesia Services, Inc.$3,332,793
12Saint Francis Hospital South, LLC$3,222,008
13Oklahoma Surgical Hospital, LLC$2,941,865
14Indian Health Care Resource Center$2,907,985
15St. John Physicians, Inc.$2,469,284
16Oklahoma State University Medical Trust$2,179,373
17AHS Oklahoma Physician Group, LLC$1,641,603
18Tulsa Spine & Specialty Hospital$1,304,164
19Tulsa Bone & Joint Associates, PC$1,226,230
20Post Acute Medical Rehabilitation Hospital of Tulsa, LLC$1,185,995
21Fresenius Medical Care Tulsa, LLC$1,180,243
22The Oaks Healthcare Center Poteau, LLC$1,134,137
23The Orthopaedic Center, P.C.$1,113,675
24Montereau, Inc.$1,107,475
25Skyline Heights Operating Company in Receivership, LLC$918,516
26Post Acute Specialty Hospital of Tulsa, LLC$901,816
27Ambassador Operations, LLC$892,108
28Laureate Psychiatric Clinic and Hospital, Inc.$870,945
29Creoks Mental Health Services, Inc.$868,484
30Regional Medical Laboratory, Inc.$861,641
31Cox Retirement Properties, Inc.$842,360
32Oklahoma Methodist Manor, Inc.$801,488
33Bedlam Properties, LLC$767,318
34Owasso Medical Facility, Inc.$757,888
35Urologic Specialists of Oklahoma, Inc.$757,058
36University Village Retirement Community, LLC$737,150
37Select Specialty Hospital Tulsa Midtown, LLC$732,197
38Grace Hospice of Oklahoma, LLC$727,845
39St. Simeons Episcopal Home$712,385
40Golf Course Property, Inc.$669,490
41Triad Eye Institute, PLLC$631,793
42True Fit Medical Laboratories, LLC$626,874
43Diagnostic Imaging Associates, Inc.$626,274
44Colonial Manor Management Company, L.L.C.$617,745
45Tulsa Retina Consultants, PLLC$612,197
46Tulsa Hospitalists, Inc.$600,386
47Cancer Treatment Centers of America Professional Corporation of Oklahoma., Inc.$598,365
48Sherwood Health Services, LLC$565,377
49Associated Anesthesiologists, Inc.$508,422
50Eastern Oklahoma Ear, Nose & Throat$496,519

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