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Thursday, October 17, 2024

HHS provides $64 million to businesses in Fort Collins under CARES Act

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Through the fourth quarter of 2020, businesses in Fort Collins received $64 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 $203,017 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
1Medical Center of the Rockies$17,352,209
2Poudre Valley Health Care, Inc.$13,620,861
3Poudre Valley Medical Group, LLC$7,462,353
4Uchealth Grandview Hospital$5,714,357
5Orthopaedic & Spine Center of the Rockies, PC$1,829,871
6Pathways Hospice$903,475
7North Shore Manor, Inc.$883,133
8Greenfield Management Services, Inc.$872,741
9SSC Fort Collins Spring Creek Operating Company, LLC$821,085
10Centre Avenue Health & Rehab Facility, LLC$789,883
11Northern Colorado Hospitalists, PLLC$757,232
12Northern Colorado Anesthesia Professionals, PLLC$755,353
13Columbine Care Center West, Inc.$666,064
14Emergency Physicians of the Rockies, PC$650,833
15Hanlon Bush Investments, LLC$617,343
16Fort Collins Radiologic Associates, PC$560,073
17SSC Fort Collins Lemay Avenue Operating Company, LLC$530,968
18Centers for Gastroenterology$468,687
19Harmony Surgery Center, LLC$462,344
20Summitstone Health Partners$444,938
21Surgery Center of Northern Colorado$332,709
22Advanced Neurology of Colorado, LLC$295,742
23Front Range Clinic, Inc.$281,441
24Harmony Imaging Center, LLC$270,711
25Associates in Family Medicine, P C$269,008
26Columbine Commons Health & Rehab, LLC$261,751
27Poudre Infusion Therapy, LLC$214,200
28Fort Collins Youth Clinic, PC$210,492
29Arthritis & Rheumatology Clinic of Northern Colorado$183,338
30Andrew Norris PC, M.D.$174,070
31Columbine Poudre Home Care, LLC$161,682
32Surgery Center of Fort Collins, LLC$139,021
33Alpine Ear, Nose & Throat, PC$138,402
34Pediatric Urgent Care of Northern Colora$133,222
35Front Range Therapy Systems, Inc.$130,255
36Bender Medical Group, Inc.$125,965
37The Worthington, Inc.$125,523
38E Plus Pet Imaging XVIII LP$118,211
39Neurofeedback Clinic of Northern Colorado$103,521
40Rocky Mountain Family Vision, PC$89,055
41PVHS Home Medical Supply, LLC$88,163
42DR Kevin Anderson and Associates, PC$86,379
43Eyecare Associates, P.C.$77,820
44Aronson Family Dental$77,075
45Service Dental Group, LLC$73,075
46Cory E Foster PLLC, D.D.S.$71,384
47Alpine Dental Health, a Colorado General Partnership$71,225
48Paris and Shumaker Periodontics$70,257
49Pediatric Dentistry of the Rockies, PLLC$67,842
50Anderson Podiatry Center, PC$64,892

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