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 $94,923 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.
Rank | Business | Dollar Amount Received |
---|---|---|
1 | Associated Retinal Surgeons Pa | $2,474,128 |
2 | 1361 Route 72 West Operations, LLC | $910,282 |
3 | Health Village Imaging, LLC | $437,690 |
4 | Stafford Medical, P. A. | $289,577 |
5 | Southern Ocean County Dialysis Clinic, LLC | $205,313 |
6 | Southern Shores Eye Center, P. A. | $203,536 |
7 | Kuflik Dermatology, P. A. | $190,642 |
8 | Atlanticare Health Services, Inc. | $174,284 |
9 | Addiego Orthodontics, LLC | $103,174 |
10 | Smiles by DR Santos | $97,041 |
11 | East Coast Radiation Oncology Associates PA | $86,219 |
12 | Specialty Medconsultants, LLC | $77,202 |
13 | The Urgent Care Group, PA | $62,611 |
14 | Manahawkin Family Dental, P. A. | $54,963 |
15 | Barnegat Sports Rehabilitation & Physical Therapy, LLC | $49,538 |
16 | Barnegat Medical Associates | $45,946 |
17 | Ramin Bahram PA, D.M.D. | $39,003 |
18 | Achilles Foot and Ankle Associates, P. A. | $37,061 |
19 | Federici Dental Pa | $36,334 |
20 | Cardiology Interventions, LLC | $35,669 |
21 | Poonam Soni PC, M.D. | $34,285 |
22 | NLP Behavioral Services, LLC | $28,812 |
23 | James M. Madden, PA, M.D. | $25,555 |
24 | Frank Abenante | $21,592 |
25 | DR. Michael S. Josovitz, D.P.M. | $20,922 |
26 | John Paul Butler LLC, D.M.D. | $18,995 |
27 | Montclair Surgical Associates PA | $15,706 |
28 | Southern Ocean Otolaryngology Pa | $15,592 |
29 | DR. Andrew L. Romano LLC, D.O. | $14,928 |
30 | Southern Ocean County Surgical Association, LLC | $13,661 |
31 | Homayoun Homayouni | $13,101 |
32 | Coastal Foot & Ankle, LLC | $12,842 |
33 | Serenity in the Home, LLC | $12,662 |
34 | Ocean Foot and Ankle, PC | $12,191 |
35 | Gary Lengel | $11,940 |
36 | Vincent Abenante | $11,355 |
37 | Joseph D. Barbella JR LLC, D.O. | $9,128 |
38 | Manahawkin Podiatry, LLC | $8,988 |
39 | Michael Schradin | $7,498 |
40 | Route Intensivists Services, LLC | $6,510 |
41 | Carla Biele, Inc. | $6,055 |
42 | James Altamuro, Inc. | $5,339 |
43 | John J. Kenny & William Glenn PTRS | $4,601 |
44 | Simi Sethi | $4,449 |
45 | Perlmart of Route 72, Inc. | $4,289 |
46 | Ocean Pediatric Orthodontic Associates, LLC | $4,004 |
47 | Kenneth Prins | $3,514 |
48 | Coastal Audiology, LLC | $2,755 |
49 | Robert Gleason | $2,701 |
50 | Edward Parello | $2,578 |