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Friday, October 18, 2024

HHS provides $20.3 million to businesses in Boulder under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Boulder received $20.3 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 $90,295 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
1Boulder Community Health$12,091,839
2Buckeye M, LLC$1,076,881
3Boulder Medical Center, PC$1,068,979
4SSC Boulder Operating Company, LLC$818,192
5Frasier Meadows Manor, Inc.$404,545
6Boulder Valley Anesthesiology, LLC$225,184
7Boulder Neurosurgical Associates$187,456
8Boulder Radiologists PC, Inc.$173,077
9Boulder Dental Services, Inc.$169,881
10Donald J Keller, PC, M.D.$157,089
11Dermatology Specialists of Boulder, P.C.$153,186
12Boulder Emergency Physicians, P.C.$140,200
13Foothills Surgery Center, LLC$134,006
14North Boulder Dental Group$119,909
15Weissman Family Dental, PC$118,795
16Spine West, PLLC$104,957
17Alpine Surgical, LLC$99,756
18Wisdom Health, PC$97,193
19Boulder Valley Ear Nose & Throat Associates, PC$94,104
20The Boulder Hospice$93,050
21Family Home Health, LLC$90,895
22Northstar Transitions, LLC$78,353
23Boulder Canyon Dental, PLLC$72,837
24Sleep Therapeutics$70,289
25Boulder Community Musculoskeletal Surgery Center, LLC$69,014
26Kallgren Dermatology Clinic, PC$64,714
27The Pediatric Center, PLLC$64,108
28Naomi Sever, PLLC, D.D.S.$63,141
29Foley Oral Surgery$61,730
30Rocky Mountain Retina Associates, Inc.$61,643
31North Boulder Physical Therapy Sports Rehabilitation, LLC$61,270
32Envision Boulder$59,837
33Performance Dental Center$58,218
34Boulder Periodontics, LLC$50,435
35Boulder Headache and Pain, PLLC$50,297
36Community Link$49,491
37Brent R Lang PC, D.D.S.$47,611
38GF Institute, PLLC$47,196
39Boulder Biologics$38,548
40Alta Physical Therapy, PC$38,531
41Boulder Dental Partners, Professional, LLP$35,709
42Rocky Mountain Dermatology, P.C.$35,471
43Mile High Plastic Surgery a Professional, LLC$35,068
44Alpine Valley Oral Surgery, P.C.$33,610
45Boulder Endodontics, PLLC$33,193
46Andrew R Johann MS PC, D.D.S.$33,056
47Marisa Patt, PLLC, D.M.D.$32,871
48Paul W Franklund PC, D.D.S.$32,385
49Boulder Internal Medicine, PC$31,253
50Boulder Dentistry Company$28,992

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