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 $711,979 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 | Humc Opco, LLC | $47,873,300 |
2 | East Coast Spine, Joint and Sports Medicine P. A. | $232,039 |
3 | Fresenius Medical Care Hoboken, LLC | $126,560 |
4 | Hoboken Drugs | $125,149 |
5 | Robin Lucas PA, D.M.D. | $101,381 |
6 | St. Peter's Pharmacy &drugs, LLC | $58,865 |
7 | Hoboken Radiology, LLC | $51,812 |
8 | Vytalize Health Medical 2, LLC | $48,384 |
9 | Frank R. Depaola & Association, LLC, D.D.S. | $47,663 |
10 | Hoboken Orthodontics | $32,597 |
11 | Medicine Manager RX, LLC | $32,214 |
12 | DR Marian Farag, PC, D.M.D. | $30,198 |
13 | Prompt LLC, M.D. | $29,527 |
14 | Dental Associates of Hoboken, PA | $27,502 |
15 | Sharon Stern PC, D.D.S. | $22,265 |
16 | Joseph Pollak | $20,538 |
17 | Hoboken Oral Surgeons, LLC | $20,120 |
18 | Dalberti Eye Center, LLC | $18,124 |
19 | Hudson Pediatric Cardiology Center, Inc. | $16,064 |
20 | Robert F Strell LLC, M.D. | $14,769 |
21 | Robert Messinger | $12,158 |
22 | Adolfo Fernandez-Obregon | $11,178 |
23 | Hoboken Ankle & Foot Center | $10,703 |
24 | Jenny Cam PC, M.D. | $10,303 |
25 | Robert J Leon M D, P C | $9,774 |
26 | Orlando Physical Therapy, PC | $9,750 |
27 | Promptmd2, LLC | $9,179 |
28 | Jagadish V. Damle, PA, M.D. | $8,981 |
29 | Foot and Ankle Premier Specialists, LLC | $8,864 |
30 | Hoboken Endodontics, LLC | $8,770 |
31 | S & L Dental ARTS | $8,437 |
32 | Hudson Home Health, LLC | $8,408 |
33 | Yogini Mavani | $8,346 |
34 | Craft Physical Therapy, LLC | $6,844 |
35 | Joseph Kozel, LLC, M.D. | $6,081 |
36 | Anthony Kyreakakis | $5,620 |
37 | Ramesh Pitti | $5,022 |
38 | David Schiettino | $4,939 |
39 | DR Matienzo Health Care PA | $4,926 |
40 | Hoboken Integrated Healthcare | $3,850 |
41 | Robert Costomiris | $3,191 |
42 | David Wilson | $3,135 |
43 | Advanced Infectious Disease Medical, LLC | $2,852 |
44 | Jodi Streich D. Ph. | $2,450 |
45 | Charles Warren | $1,932 |
46 | Mary McBride | $1,684 |
47 | Michael Faloon | $1,631 |
48 | Barbara Perlmutter | $1,591 |
49 | Michael Pollak | $1,503 |
50 | Health Fair Pharmacy Corporation | $1,491 |