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Hot Springs Times

Thursday, April 3, 2025

HHS provides $26.9 million to businesses in Hot Springs under CARES Act

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Through the fourth quarter of 2020, businesses in Hot Springs received $26.9 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 Arkansas received $931.5 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 Baptist Health with a total of $79.2 million. The average loan size in the city was $205,186 while the state's average loan amount was $270,064.

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
1CHI St. Vincent Hospital Hot Springs$8,293,164
2Hot Springs National Park Hospital Holdings, LLC$5,193,548
3CHI St. Vincent Medical Group Hot Springs$2,010,968
4Hot Springs Nursing and Rehabilitation-a Waters Community, LLC$848,213
5Pines Progressive Eldercare Services, Inc.$742,891
6Quapaw Care and Rehabilitation Center, LLC$703,747
7HSNC, Inc.$695,768
8Country Club Gardens, LLC$658,973
9Canyon Progressive Eldercare Services, Inc.$558,959
10First Step, Inc.$523,783
11Bayshore, LLC$489,674
12Healthstar Physicians of Hot Springs, PLLC$457,764
13Arkansas Homecare of Hot Springs, LLC$359,338
14Care IV, Inc.$314,452
15LHCG Cxix, LLC$289,290
16Hospice of Central Arkansas, LLC$281,467
17Arkansas Healthcare Services, LLC$253,731
18Village Apothecary, Inc.$245,951
19The Dermatology Clinic PA$233,491
20Leo N Levi Memorial Hospital Association$231,928
21Hot Springs Radiology Services, Ltd.$222,646
22National Park Cardiology Services, LLC$138,246
23Airborne Flying Service, Inc.$134,365
24Ouachita Regional Counseling and Mental Health Center$128,976
25Area Agency on Aging of West Central Arkansas, Inc.$124,195
26Family Medicine Clinic P. A.$120,547
27A-O-M-S, PLLC$109,589
28New Hope Therapy, LLC$107,642
29Hot Springs Interventional Pain Management$105,557
30Holt Eye Clinic, PLLC$105,534
31Ouachita Regional Anesthesia, PLLC$104,877
32Arkansas Center for Surgical Excellence$86,967
33IPC Healthcare Services of Missouri Inc., PAC$83,836
34Trinity Central Home Health, LLC.$72,952
35G. Scott Slagle, P. A., M.D.$71,681
36John R Pace PA, M.D.$62,561
37DR Greg Ramer, PLLC$61,749
38Adam Hall Orthodontics J. Pa$60,982
39Harmony Park Family Medicine, PLLC$58,892
40Advanced Interventional Pain Surgery Center, LLC$57,662
41Tri-Lakes Physical Therapy, Inc.$55,540
42Felix Brace & Limb Company, Inc.$55,418
43Hot Springs National Park Dental Group$52,062
44Blayne Tipton PA, D.D.S.$49,848
45Tina Pullin-Hendrix$48,427
46Hometown Pharmacy, Inc.$47,248
47National Park Endoscopy Center, LLC$46,352
48MJ Eldercare of Arkansas, LLC$43,641
49Arkansas Oculoplastic Surgery, PLLC$41,892
50National Park Gi Services, LLC$39,381

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