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Friday, November 15, 2024

HHS provides $69.3 million to businesses in Colorado Springs under CARES Act

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Through the fourth quarter of 2020, businesses in Colorado Springs received $69.3 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 Colorado received $1.2 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 University of Colorado Hospital Authority with a total of $96.8 million. The average loan size in the city was $91,726 while the state's average loan amount was $195,593.

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
1Uch-Mhs$18,368,339
2Health Imaging Partners, LLC$2,535,294
3Peak Vista Community Health Centers$2,248,831
4Center at Centennial, LLC$2,070,489
5Cher, LLC$1,293,959
6Audubon Ambulatory Surgery Center, LLC$1,246,425
7Retina Consultants of Southern Colorado, PC$1,144,832
8Center at Tucson, LLC$1,045,696
9Center at Eden Hill, LLC$987,557
10Sunny Vista Living Center$974,018
11Center at Park West, LLC$931,961
12US Anesthesia Partners of Colorado, Inc.$868,706
13My Local Colorado Dental Practice, LLC$861,856
14The Center at Grande, LLC$789,897
15Emergency Medical Specialists Professional Corporation$779,493
16The Center at Foresight, LLC$753,010
17Penrad Imaging, LLC$740,400
18St. Francis Nursing Center$740,320
19Blc-Village at Skyline, LLC$717,814
20Aspenpointe Health Services$703,090
21Pikes Peak Hospice and Palliative Care, Inc.$675,176
22Colorado Springs Orthopaedic Group PLLP$662,009
23SSC Colorado Springs Aspen Operating Company, LLC$657,040
24Bslc II$647,435
25Bethesda Foundation$633,061
26Cedar Springs Hospital, Inc.$594,545
27SBH Colorado, LLC$586,467
28Center at Waterfront, LLC$580,759
29ECCS Acquisition Company, LLC$574,774
30The Orthopaedic and Spine Center of Southern Colorado, LLC$543,807
31GA HC Reit II Liberty TRS Sub, LLC$523,234
32SSC Colorado Springs Colonial Columns Operating Company, LLC$515,516
33SSC Colorado Springs Cedarwood Operating Company, LLC$502,548
34Legacy Hospice of Colorado Springs, LLC$455,209
35Colorado Otolarygology Associates, LLC$406,750
36Heart Living Centers of Colorado, LLC$391,281
37Interim Healthcare of Southeastern Colorado, Inc.$384,489
38S-H Opco Bear Creek, LLC$379,953
39Colorado Springs Radiologists, PC$312,381
40Lois Lane Operations, LLC$304,122
41Colorado Dental Specialist Practice, LLC$303,244
42Colorado Springs Neurological Associates, P.C.$301,716
43Matthews-Vu Medical Group, P.C.$300,144
44Colorado Springs Urological Associates, PLLC$294,885
45Haven Behavioral Outpatient Services$277,515
46Colorado Maxillofacial and Oral Surgeons, LLC$254,840
47Vanguard Medical Specialists, LLC$252,392
48AHC Home Health of Colorado, LLC$235,826
49Surgery Affiliates, LLC$228,596
50Research Surgical Center, LLC$225,971

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