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Sarasota Review

Friday, November 1, 2024

HHS provides $571,533 to businesses in Osprey under CARES Act

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Through the fourth quarter of 2020, businesses in Osprey received $571,533 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $40,824 while the state's average loan amount was $152,608.

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
1Sarasota Skin and Cancer Center, Inc.$261,754
2Family Dermatology, PL$134,651
3Allpro Home Health, L.L.C.$53,928
4Osprey Dental, LLC$29,627
5Sean R Bates, Chartered, D.D.S.$28,994
6J&J Willcare, Inc.$15,726
7Trifecta Training Concepts, Inc.$13,703
8Family Eye Care & Vision Therapy$11,401
9Tim Loy Physical Therapy, PLLC$11,291
10Craig Bachar M.D.C.P.A.$4,616
11Vivek & Priyanka Gupta, LLC$3,893
12Medi-Clinic Sarasota, Inc.$969
13Camille Bussotti PHD, LLC$730
14Sharon Meier$250

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