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Monday, November 25, 2024

HHS provides $55.9 million to businesses in Bridgeton under CARES Act

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Through the fourth quarter of 2020, businesses in Bridgeton received $55.9 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 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 $1.8 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
1Inspira Medical Centers, Inc.$52,903,085
2Community Health Care, Inc.$1,591,732
3HW Weidco Ren, LLC$930,520
4Red Oak Hospice, LLC$123,156
5Internal Medicine Associates, PA$113,311
6First Step Pediatrics, PC$28,252
7Alan I. Gurwood$26,808
8City of Bridgeton$25,706
9South Cumberland Medical Associates, PC$22,904
10Bridgeton Medical Associates, P. A.$20,894
11Upper Deerfield Dental$19,900
12Bridgeton Dental Associates, PA$19,607
13Jack M. Shields, PA, M.D.$14,304
14Family Practice Associates of Cumberland Company, PC$13,373
15Scott a Fishman, PA, D.P.M.$12,920
16Robert Patitucci$11,770
17Integrated Podiatry Services, PC$10,679
18Sora Yoon LLC, M.D.$6,480
19Woo Kwang Song Gastroenterology LLC, M.D.$6,038
20Fairfield Township$4,909
21Sharan Rampal Mdpa$3,988
22Emily Bacon$2,957
23Sherrie Colaneri Day NPC, LLC$2,589
24Ronald James$2,303
25Jeffrey Contino$2,068
26Ronald B Lorenc PA, M.D.$1,881
274977, LLC$1,080
28Christianna Martin$804
29Fairfield Vol Fire Co No1$714
30Donna L Mclean, LLC$206
31Louise Cressman Watral$99

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