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Sunday, September 22, 2024

HHS provides $286.2 million to businesses in Oklahoma City under CARES Act

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Through the fourth quarter of 2020, businesses in Oklahoma City received $286.2 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 Oklahoma 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $309,692 while the state's average loan amount was $249,963.

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
1Ou Medicine, Inc.$74,094,720
2Integris Bass Baptist Health Center$26,486,725
3Integris Baptist Medical Center, Inc.$17,764,562
4Integris South Oklahoma City Hospital Corporation$14,159,529
5Mercy Hospital Ada, Inc.$12,562,975
6Integris Grove Hospital$10,061,050
7Integris Miami Hospital$9,915,971
8Board of Regents of the University of Oklahoma Ou Physicians$7,820,040
9Oklahoma Heart Hospital, LLC$7,286,024
10Oklahoma Heart Hospital South, LLC$3,902,453
11Central Oklahoma American Indian Health Council, Inc.$3,579,014
12Mcbride Clinic Orthopedic Hospital, LLC$3,536,168
13Integris Ambulatory Care Corporation$3,064,658
14Baptist Healthcare of Oklahoma, Inc.$3,019,333
15Mercy Hospital Watonga, Inc.$2,921,230
16Hospitalist Medicine Physicians of Texas, PLLC$2,315,365
17Baptist Village Retirement Communities of Oklahoma, Inc.$2,249,987
18SSM Health Businesses$1,816,143
19Oklahoma Spine Hospital, LLC$1,590,369
20Select Specialty Hospital Oklahoma City, Inc.$1,554,678
21Integris Health Edmond, Inc.$1,442,051
22Integris Rural Health, Inc.$1,436,571
23Integris Ambulatory Care Corporation$1,318,774
24N-Vest Skilled Nursing of Oklahoma, LLC$1,297,072
25The Physicians Group, LLC$1,221,501
26Bellevue Northwest Nursing Center$1,211,430
27Integris Cardiovascular Physicians, LLC$1,198,802
28Integrated Rehab Consultants, LLC$1,190,707
29Variety Care, Inc.$1,187,179
30Saint Medical Group, LLC$1,166,666
31Mercy Rehabilitation Hospital, LLC$1,100,292
32Jenks Living Centers, LLC$1,001,635
33Dean Mcgee Eye Institute$988,143
34Oklahoma Mental Health Council$963,967
35Brookwood Nursing Center, LLC$900,526
36Central Oklahoma United Methodist Retirement Facility, Inc.$882,992
37Security Health Care, LLC$859,764
38Rehab Medical, Inc.$855,958
39Putnam City Convalescent Center, LLC$854,920
40Altus Operations, LLC$845,682
41Robert Reynolds, P. C., M.D.$845,290
42Azalea Park Manor, LLC$768,695
43Watermark Canterbury, LLC$759,006
44Ltac Hospital of Edmond, LLC$738,317
45East El Paso Physicians' Medical Center, LLC$724,605
46Digestive Disease Specialists, Inc.$708,673
47Northwest, Incorporated$698,354
48University Northwest, LLC$695,864
49Operations, LLC, SA$674,341
50Mangum Nursing Center, LLC$670,996

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