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Friday, November 15, 2024

HHS provides $11.4 million to businesses in Rio Rancho under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Rio Rancho received $11.4 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 New Mexico received $586.7 million 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 Presbyterian Healthcare Services with a total of $123.5 million. The average loan size in the city was $184,413 while the state's average loan amount was $281,930.

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
1UNM Sandoval Regional Medical Center, Inc.$10,083,603
2New Mexico Heart Institute, LLC$286,615
3Four Winds Behavioral Health, Inc.$122,745
4Casa DE Shalom, LLC.$83,483
5Dental Partners of Rio Rancho, LLC$72,099
6Wondra Dental Care, P.C.$67,544
7Rio Grande Dermatology, PC$56,189
8Michael R. Pincus LLC, D.P.M.$52,430
9Enchanted Hills Home Health Care Agency, Inc.$50,744
10Greg Jorgensen, MS, PC, D.M.D.$42,686
11Rio Eyecare & Contact Lenses, Inc.$40,427
12Rio Rancho Family Dental Care$34,835
13Nazario Young Trujillo Inc., D.D.S.$34,026
14The Family Connection, LLC$28,258
15City of Vision Eyecare, P.C.$28,049
16Armada Physical Therapy of Albuquerque, LLC$26,623
17Perfect Teeth / Rio Rancho, P.C.$23,543
18Mountain View Family Dentistry and Orthodontics, LLC$23,438
19Prakash Dentistry, LLC$23,073
20Cabezon Dental, LLC$21,664
21Modern Eyez, LLC$21,126
22Steven R. Fife PC, D.D.S.$20,505
23Rudd Orthodontics$19,958
24Chamisa Hills Family Dental, LLC$18,543
25Rio Dental and Orthodontocs, LLC$16,994
26Wisteria Dental, LLC$13,763
27Harmony Residential Care$13,395
28Westside Endodontics, PC$13,268
29Randy G. Alkire MS PC, D.D.S.$10,522
30Southern Boulevard Dental Corp. Pa$10,508
31S. Ramasamy, LLC, M.D.$8,973
32Socorro Dental Care, Inc.$8,058
33Guidance Foundation, Inc.$7,947
34Raymond E Broussard, PA, D.D.S.$6,456
35Lonnie Peets, PC$5,171
36New Mexico Eye Clinic LL$5,038
37William Anderson$4,900
38Riverside Center for Family and Cosmetic Dentistry$4,865
39Advanced Optometric Concepts, PC$3,679
40Patricia Conkling CNP, LLC$2,783
41Kusum R Prabhakar PC, M.D.$1,924
42Universal Counseling, LLC$1,913
43Merit Family Medicine$1,453
44Gonstead Family Chiropractic of Albuquerque, P.C.$1,210
45New Mexico Dental Clinics, LLC$1,200
46Allied Physicians Clinic, Inc.$1,101
47Elizabeth Penland$999
48Gonstead Family Chiropractic of ABQ Westside, Inc.$792
49Ayudar Services, LLC$778
50Counseling World, LLC$642

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