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Altoona Times

Thursday, October 17, 2024

HHS provides $4.1 million to businesses in Duncansville under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Duncansville received $4.1 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 Pennsylvania received $4.5 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 Temple University Hospital, Inc. with a total of $166.8 million. The average loan size in the city was $204,454 while the state's average loan amount was $292,417.

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
1Pyramid Healthcare, Inc.$3,085,049
2Laurel Eye Clinic$367,506
3Alan J Kivitz PC, M.D.$351,569
4Crossroads Physical Therapy and Rehabilitation, Inc.$78,688
5Centar & Imler O D$44,741
6Bert J. Altmanshofer and Assoicate, Ltd., D.P.M.$33,687
7Foundations Medical Services, LLC$25,944
8East Freedom Surgical Associates, LLC$20,718
9Value Specialty Pharmacy, LLC$17,008
10Duncansville Emergency Medical Service, Inc.$13,334
11Bedford Surgical Associates, Inc.$12,531
12Bryan P. Cioffari$11,665
13Rhino Care, Inc.$8,271
14Sorbera Chiropractic, PC$4,497
15Thomas R. Brouse III, D. C., P.C.$4,359
16Answer Physical Therapy and Health Center, LLC$4,355
17Catherine Selth Spayd PHD, PC$2,324
18Duncansville Pharmacy, Inc.$994
19Darryl Warner$920
20Ellen Black$915

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