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Sarasota Review

Friday, November 1, 2024

HHS provides $21.7 million to businesses in Venice under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Venice received $21.7 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 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 $126,660 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Tidewell Hospice, Inc.$4,975,045
2Venice HMA, LLC$4,477,036
3Gulf Coast HMA Physician Management, LLC$1,265,358
4The Eye Associates of Manatee, LLP.$1,259,164
5Venice NH, LLC$798,679
6Southwest Florida Retirement Center$792,455
71026 Albee Farm Road Operations, LLC$742,547
8Radiology Associates of Venice and Englewood, PA$612,323
9Midwest Post Acute Care, LLC$426,588
10Island Hospitalist Group, PL$355,486
11Florida Cardiac Consultants, Inc.$322,749
12Retina and Macula Consultants PA$318,730
13Restore Medical Partners, PLLC$304,451
14Ophthalmic Consultants PA$238,230
15Suncoast Orthopaedic Surgery & Sports Medicine, P. A.$234,076
16Venice Emergency Medical Associates$219,911
17Community Eye Center PA$175,638
18Bayfront HMA Physician Management, LLC$169,391
19Cardiovascular & Vein Center of Florida$155,974
20Fresenius Medical Care Venice, LLC$150,560
21Gulf Coast Endoscopy Ceneter of Venice$147,436
22XL Care Agency of Collier, Inc.$141,217
23All Around Medical Supplies, LLC$128,496
24Kianoosh Kaveh PA, D.O.$106,683
25Davis & Beyer Dental Health PA$103,460
26Shubhom Pharmacy, LLC$100,206
27F Nicholas Gahhos PA, M.D.$75,340
28Kevin Giblin$73,537
29Suncoast Pathology$72,443
30Center for Orthopaedics and Sports Medicine$71,496
31Michael T. Mccormick & Associates PA$66,912
32Professional Anesthesia Associates of Venice$66,654
33Hobart K Richey P a, M.D.$63,208
34Alexander a Gaukhman P a Venetian Dental, D.M.D.$62,164
35Agility Physical Therapy & Sports Performance, LLC$60,982
36Neurosurgical Associates Cassidy & Guerin PA, M.D.$60,537
37John M.D.P.A. Paul Vidolin$60,530
38Heart Institute of Venice, PLLC$56,928
39Ear Nose Throat & Sinus Center PA$56,662
40Mark Johnson PA, M.D.$52,818
41Physioworks, Inc.$52,016
42Tennant and Twargodki DMDS PA$51,255
43Metrolina Infectious Diseases, P. A.$50,866
44Jeffrey R Hunek PA, M.D.$47,624
45P Dee G Stephenson PA, M.D.$42,721
46Cara Overbeck, D.D.S.$41,890
47Ki Hassler, LLC, D.O.$39,120
48Allen M. Lifton, PA, M.D.$39,002
49Delta Medical Associates, LLC$38,279
50Florida Kidney Institute, PA$38,264

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