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Shreveport Reporter

Friday, December 27, 2024

HHS provides $252.2 million to businesses in Shreveport under CARES Act

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Through the fourth quarter of 2020, businesses in Shreveport received $252.2 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 $593,423 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Willis Knighton Medical Center$88,003,673
2University Health Shreveport, LLC$69,225,745
3BRFHH Monroe, LLC$23,470,541
4Intensive Specialty Hospital, LLC$10,070,666
5Clhg-Ville Platte, LLC$5,603,259
6CLHG Minden, LLC$5,492,897
7Bienville Medical Center, Inc.$3,870,978
8Allegiance Specialty Hospital of Greenville, LLC$3,767,688
9Promise Hospital of Louisiana, Inc.$1,934,774
10LSU Health Sciences Center-Shreveport Faculty Group Practice$1,853,443
11Highland Clinic, a Professional Med Corporation$1,437,141
12Allegiance Behavioral Health Center of Plainview, LLC$1,418,037
13Seaside Behavioral Center, LLC$1,345,230
14Larry K. Broadwell, a Medical Corporation, M.D.$1,283,953
15Specialists Hospital Shreveport, LLC$1,245,127
16Garden Park Nursing & Rehabilitation Center, LLC$1,194,856
17New Lifecare Hospitals, LLC$1,192,457
18Community Care Center Shreveport South, LLC$1,041,724
19The Delta Pathology Group, LLC$1,000,000
20PMG Opco-Guest House, LLC$989,819
21PMG Opco-Springlake, LLC$931,174
22Multi-Faith Retirement Services$929,223
23Brentwood Acquisition-Shreveport, Inc.$883,940
24PMG Opco-Bradford, LLC$867,905
25Heritage Manor West, LLC$846,067
26Heritage Manor Stratmore Nursing & Rehabilitation Center, LLC$840,088
27The Glen Retirement System$781,125
28Advanced Cardiovascular Specialists$780,127
29Roseview Nursing and Rehabilitation Center, LLC$728,407
30Virginia Hall Nursing Home$721,928
31Southern Hills, LLC$701,331
32PMG Opco-Shreveport, LLC$688,999
33Stat Home Health of Northwest Louisiana, LLC$600,905
34Gastrointestinal Specialists a M C$568,745
35Synergy Home Care Northwestern Region, Inc.$558,937
36Regional Hospice Care Group of NW Louisiana, LLC$541,511
37PMG Opco-Washington, LLC$499,899
38Musculoskeletal Institute of Louisiana, LLC$438,086
39Humphreys Community Care Center, LLC$414,777
40Southern Oaks Nursing & Rehabilitation Center, LLC$387,539
41David Raines Community Health Center, Inc.$375,907
42City of Shreveport$349,273
43Physicians Behavioral Hospital, LLC$330,166
44Northwest Louisiana Nephrology, LLC$320,390
45Cross Lake Emergency Group, LLC$319,107
46Ross H. Dies and Benjamin a. Beach D.D.S., a Professional D, D.D.S.$283,005
47Dermatology & Skin Surgery, a Professional Medical Cor, Inc.$244,525
48Laser & Cataract Center of Shreveport, LLC$235,434
49The Arc Caddo-Bossier$219,264
50WK Orthopedic Clinic$212,509

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