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How $5M PPP funds is helping a Phoenix nonprofit save lives

TerrosCovid.jpg
Posted at 10:32 AM, Jul 14, 2020
and last updated 2020-07-14 13:32:32-04

Terros Health is among the Phoenix nonprofits that brought in the most funding from the Paycheck Protection Program, created by the CARES Act to keep workers on the job during the Covid-19 pandemic.

With $5 million in PPP funding, Terros is able to continue to save lives as it provides mental health and addiction recovery services for more than 50,000 people annually in Arizona, said Peggy Chase, nonprofit's president and CEO.

The Phoenix behavioral health provider was able to retain 500 jobs with the PPP funding that came through Oklahoma-based BOK Financial Corp.

Chase said she's seeing higher death rates due to overdoses and other issues during the pandemic as people have lost jobs and in many cases, hope.

"We are seeing higher overdoses than what we typically see," she said. "It's heartbreaking. We're still delivering the care and serving people, but I think the isolation and the fear and anxiety are just high."

In addition to providing behavioral health services, Terros offers primary care services in an integrated model of care. Each week Terros performs 75 to 100 Covid-19 tests, receiving the test kits from Sonora Quest.

Read more of this subscription-only story from the Business Journal.