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Sunday, November 24, 2024

HHS provides $89.5 million to businesses in Woodbury under CARES Act

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Through the fourth quarter of 2020, businesses in Woodbury received $89.5 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 Jersey received $4.3 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 HMH Hospitals Corporation with a total of $401.2 million. The average loan size in the city was $1.9 million while the state's average loan amount was $261,158.

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
1Childrens Emergency Services, Inc.$63,689,177
2Inspira Medical Center Woodbury, Inc.$4,680,374
3Emergency Care Services of Pennsylvania, PC$3,243,370
3Emergency Physician Services of New York, P.C.$3,243,370
5Emergency Physician Associates of South Jersey, PC$2,695,532
6Buffalo Emergency Associates, LLP$2,053,019
7Emergency Physician Services of New Jersey, Professional Association$1,890,307
8Emergency Professionals of Michigan, P.C.$1,877,711
9Observation Emergency Physicians, PC$1,390,624
10467 Cooper St. Operating Company, LLC$1,353,823
11Midwest Emergency Associates-Munster, LLC$551,314
12Friedberg Eye Associates, P. A.$465,943
13Exigence Medical of Binghamton, PLLC$451,225
14Emergency Professionals of Indiana, P.C.$282,008
15Dimarino-Kroop-Prieto Gastrointestinal Assoicates Pa$276,046
16Renex Dialysis Clinic of Woodbury, Inc.$234,601
17Mea Chicago, PC$144,051
18Bannett Eye Centers Pa$121,983
19Evan D. Obrien PC, M.D.$98,395
20New Hampshire Emergency Physician Associates, PC$83,835
21Plastic & Cosmetic Surgical Group of New Jersey, P.C.$80,692
22Atlantic Physician Services of Maryland, PC$77,159
23Grace U Chung PC, M.D.$73,712
24South Jersey Endoscopy, LLC$71,856
25Raymond Adelizzi$65,984
26Advanced Orthopaedic Centers$49,915
27Depersia, Chernoff & Ocasio, PC$47,936
28David D Carrozzino, PC, D.P.M.$37,874
29Corsi Dental Associates, LLC$30,610
30CT Holdings Medical Group, LLC$27,731
31Professional Pulmonary Service, Inc.$19,084
32Robert Michael Grife Enterprises, LLC$16,982
33Helder Cosmetic and Family Dentistry$14,799
34Martin K. Belsky, P. C., D.O.$14,691
35Dr. Harvey S. Karpo$13,884
36Woodbury Medical Office PA$13,861
37Jeffrey Bessey$12,244
38DR Lori L Lewis, PC$5,955
39Lyons-Chvala Nephrology Associates$5,479
40Woodbury Physical Medicine, LLC$3,116
41Martin A. Kitagawa$2,175
42N H Raahil, LLC$1,424
43Burns Medical Services, LLC$1,113
44Suzanne Petrucci$696
45Christopher Doran$684
46Kaizen Foundation, LLC$364
47Garden State Psychiatric Services, LLC$332

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