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 $124,401 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 | TRI County Home and Hospice Care | $1,734,649 |
2 | 54 Sharp Street Operations, LLC | $1,070,322 |
3 | American RX, LLC | $213,457 |
4 | George Kourakin PA, D.M.D. | $99,829 |
5 | South Jersey Infectious Disease | $53,695 |
6 | Holly City Pediatrics, PA | $33,063 |
7 | Sun Dental & Orthodontics Company, LLC | $28,997 |
8 | Cumberland Family Medicine, LLC | $27,865 |
9 | Lipeng Dental Limited Liability Company | $23,528 |
10 | Millville Family Dental, P. A. | $21,296 |
11 | Millville Medical Center | $20,401 |
12 | Allergy & Asthma of South Jersey | $19,854 |
13 | Jon Paul Jacquet LLC, D.D.S. | $17,929 |
14 | Dr. Lynne M. Porreca | $16,887 |
15 | Reconstructive Foot and Ankle Surgical Associates, PC | $13,487 |
16 | The Eye Professionals, LLC | $13,273 |
17 | Cumberland Foot and Ankle Center, LLC | $12,415 |
18 | Pulmonary Health Consultants, LLC | $12,298 |
19 | The Eye Surgicenter of New Jersey, LLC | $9,588 |
20 | Millville Chiropractic Center | $8,967 |
21 | Robert J Weiss M D, P C | $8,840 |
22 | Laurel Lake Volunteer Fire and Rescue Compan, Inc. | $8,577 |
23 | Eye Openers Family Eye Care, P.C. | $8,159 |
24 | Matt Hosseini PHD Inc., D.P.M. | $2,037 |
25 | Stephen C.D.C. Jackson | $1,766 |
26 | Wilson Family Chiropractic, LLC | $1,115 |
27 | Union Lake Supermarket, LLC | $825 |
28 | The Wholistic Center for Wellness, Inc. | $120 |