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Myrtle Beach Leader

Friday, November 15, 2024

HHS provides $13.2 million to businesses in Myrtle Beach under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Myrtle Beach received $13.2 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 South Carolina 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 Prisma Health-Upstate with a total of $131 million. The average loan size in the city was $77,938 while the state's average loan amount was $258,718.

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
1Associated Medical Specialists PA$2,036,109
2Strand Physician Specialists Pa$1,583,381
3Orthosc, LLC$1,194,325
4Georgetown Hospital Home Health, LLC$736,145
5Total Care Home Health of South Carolina, LLC$696,237
6Brightwater Retirement, LLC$604,883
7Grand Strand Rehab and Nursing Center, LLC$586,299
8Carolina Rheumatology & Neurology$519,155
9Embrace Hospice of South Carolina, LLC$302,319
10SNH School Tenant, LLC$297,000
11Parkway Surgery Center$239,301
12Charlotte Dermatology Pa$221,515
13East Coast Retina, PA$208,946
14Grand Strand Dermatology$190,360
15Grand Strand Pediatrics & Adolescent Med$169,762
16Physicians at Home, PC$165,180
17School Pain & Spine Specialists, LLC$155,067
18Strand Gi Associates PA$141,886
19Carolina Bone & Joint Surgery Center$137,940
20Liberty Medical Specialties, Inc.$130,536
21Griffin Eye Center, PLLC$114,000
22Mark R. Borowicz Et Al Ptr$112,400
23J. Harold Capps, JR., PC, D.M.D.$107,066
24Young Talkers, LLC$100,025
25Strand Gastrointestinal Endoscopy$98,906
26Beach Urgent Care$93,131
27Veritas Healthcare Solutions, LLC$91,029
28Solomon International, Inc.$89,308
29Family Medicine of Sayebrook, LLC$82,842
30Coastal Carolina Otolaryngology Associates, PA$82,581
31Magnolia Ob Gyn of Myrtle Beach, LLC$61,855
32Mofdaps and Company$57,834
33Coastal Carolina Infectious Disease, LLC$48,893
34Advanced Disease Physicians, Inc.$48,832
35Weimer Skin Clinic, PA$46,679
36Jeffrey H Wallen PC, D.D.S.$46,141
37Health and Wellness Pharmacy, LLC$45,422
38Palmetto Spine and Pain Care Consultants, LLC$45,006
39South Strand Cardiology, LLC$43,108
40Advanced Medical Solutions$43,092
41Myrtle Beach Family Medicine PA$41,900
42Beach Anesthesia, LLC$40,067
43Kings Highway Dental Health Center, PC$36,841
44Beachside Clinic, Inc.$36,305
45Vasilios J. Pournaras, LLC, D.M.D.$35,400
46Executive Court Medical Specialist, P.C.$35,250
47Grand Strand Pediatric Dentistry Pa$34,245
48Beachside Home Service, LLC$32,659
49Carolina Health Pharmacy, LLC$30,373
50North Beach Dental, LLC$28,471

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