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NE New Mexico News

Wednesday, October 2, 2024

HHS provides $1.9 million to businesses in Las Vegas under CARES Act

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Through the fourth quarter of 2020, businesses in Las Vegas received $1.9 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 $63,732 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1State of New Mexico$840,992
2Diamond Care Vida Encantada, LLC$585,504
3Ryan K Anderson PC, D.P.M.$125,528
4Quality Care, LLC$103,004
5Buena Vida Physical Therapy and Wellness, LLC$50,226
6D. M. C. Hospitalist, P.C.$25,467
7Kids Counseling, Inc.$25,357
8Michael G. Lopez$22,901
9San Miguel Clinic Corporation$20,839
10Randall E Garcia, PC, D.D.S.$19,297
11Khoo & Associates Cardiology & Wellness$13,989
12Your Health First Medical Clinic, LLC$11,056
13Southwest Physical & Sports Therapy, Ltd.$9,192
14Las Vegas Bodyworks, LLC$8,182
15Robert M Bell PC, M.D.$7,614
16Buena Salud Family Medicine, LLC$7,548
17Rural Surgical Associates of Las Vegas, LLC$5,650
18Canyon Chiropractic, LLC$5,105
19Mcfall Physical Therapy, LLC$4,493
20Cuatitas Physical & Sports Therapy$4,019
21Jasmin Breitung$4,008
22Jthink, LLC$3,776
23Danita Tanner$2,282
24High Frontier$1,862
25Turquoise, Ltd.$1,671
26Felicia Rivera$1,293
27John Tourangeau$612
28Docmac Comfort Care, LLC$337
29Las Vegas Foot Specialist, Inc.$133
30Louise La Plante$36

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