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Northeast Montana News

Sunday, November 24, 2024

HHS provides $5.2 million to businesses in Glasgow under CARES Act

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Through the fourth quarter of 2020, businesses in Glasgow received $5.2 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 Montana received $409.8 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 Billings Clinic with a total of $19.7 million. The average loan size in the city was $516,345 while the state's average loan amount was $239,775.

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
1Frances Mahon Deaconess Hospital$4,576,395
2American Lutheran Church Valley View Home$439,200
3Northeast Montana Stat Air Amublance Cooperative$124,870
4Jon Kolstad O D, P C$14,732
5HI-Line Eye Care, PLLC$3,804
6Healing Touch Chiropractic$1,610
7County of Valley$1,591
8Glasgow Eyecare$798
9Western Drug of Glasgow, Inc.$263
10HI Line Medical Services, Inc.$187

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