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Monday, November 25, 2024

HHS provides $141.9 million to businesses in Long Beach under CARES Act

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Through the fourth quarter of 2020, businesses in Long Beach received $141.9 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 California received $8.6 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 County of Los Angeles with a total of $315.4 million. The average loan size in the city was $241,359 while the state's average loan amount was $175,782.

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
1Long Beach Memorial Medical$62,268,320
2CHLB, LLC$40,814,596
3Colonial Care Center, Inc.$1,297,562
4Prohealth Partners, a Medical Group$1,287,379
5California Post-Acute Care, LLC$1,276,078
6Riverside Postacute Care, LLC$1,203,242
7Blythe/windsor Country Park Healthcare Center, LLC$1,198,032
8Long Beach Care Center, Inc.$1,147,488
98520 Western Avenue, Inc.$1,016,587
10Community Convalescent Center of Montclair, Inc.$975,971
11533 South Fairfax Avenue, Inc.$965,328
12S&F Market Street Healthcare, LLC$926,095
13Pacific Villa, Inc.$857,004
14Long Beach Post Acute, LLC$851,491
15Intercommunity Care Centers, Inc.$797,979
16Bixby Knolls Towers, Inc.$755,148
17Pacific Palms Healthcare, LLC$752,683
1812232 Chapman Ave, Inc.$752,298
19Pacific Care Nursing Center$713,741
20Coastal View Healthcare Center, LLC$672,136
21Marlora Investments, LLC$639,061
22Mek Long Beach, LLC$637,474
23Santa Fe Convalescent Hospital, Inc.$602,346
24Fresno Postacute Care, LLC$565,968
25Excell Home Care, Inc.$535,059
26The Children's Clinic Serving Children and Their Families$521,721
27Emergency Medicine Specialists of Orange County$487,913
28Retina Consultants of Orange County, a Medical Corporation$426,699
29Collaborative Neuroscience Network, LLC$425,186
30Villa DE LA Mar, Inc.$388,224
31Northgate Postacute Care$382,446
32Columbia Emergency Medical Group$325,708
33All Seasons Healthcare, Inc.$311,467
34Sorour P, C, D.M.D.$290,651
35Memorial Orthopaedic Surgical Group$284,690
36Optimal Hospice Care, Inc.$272,017
37George M. Jayatilaka Inc., M.D.$251,557
38Jack O. Williams Jr.$250,038
39Coast Hematology-Oncology Association Med. Group, Inc.$249,882
40Greater Long Beach Endoscopy and Surgery Center, LLC$239,072
41Grace Home Health Care$238,548
42Glbesc, LLC$237,740
43Long Beach Quest Dialysis Center$212,866
44Long Beach Memorial Pathology Medical Group, Inc.$184,991
45Laser Care Specialists$184,504
46Cardiovascular Care, Inc.$182,625
47Long Beach Gastroenterology, Inc.$177,796
48Vista Cove Care Center at Long Beach, Inc.$177,322
49Vega Healthcare, Inc.$171,354
50Robert Stella, Inc., D.D.S.$162,415

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