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 $503,966 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 | Jersey City Medical Center | $73,078,219 |
2 | Hudson Hospital Opco, LLC | $70,661,661 |
3 | Barnabas Health Medical Group, PC | $1,139,932 |
4 | Garden State Healthcare Associates, LLC | $1,000,000 |
5 | Margaret Anna Cusack Care Center, Inc. | $936,358 |
6 | St. Ann's Home for the Aged | $855,070 |
7 | New Jersey Medical and Health Associates, LLC | $599,441 |
8 | Downtown Management, LLC | $594,998 |
9 | Allegra Arthritis Associates, PC | $525,744 |
10 | Best Home Care, Inc. | $359,909 |
11 | Fresenius Medical Care Jersey City, LLC | $343,351 |
12 | Promise Care of Hudson County, LLC | $293,928 |
13 | Hudson Hematology Oncology, LLC | $293,125 |
14 | Newport Pharmaceutical Services, Inc. | $278,776 |
15 | Shree Yash Corp | $229,175 |
16 | Downtown Chemists Corp | $192,515 |
17 | Feraydoon Kohan LLC, M.D. | $185,329 |
18 | Hamilton Park Dialysis Opco, LLC | $174,814 |
19 | Pain and Disability Institute, P.C. | $161,678 |
20 | Michel S. Badin PA, M.D. | $135,086 |
21 | Metropolitan Family Health Network | $132,143 |
22 | Haig Rickerby LLC, D.M.D. | $119,584 |
23 | SV Pharma, Inc. | $117,270 |
24 | Hudson Primary Care Professional, LLC | $113,213 |
25 | New Jersey Kidney Care, LLC | $110,729 |
26 | DRS Medical Associates | $105,608 |
27 | Palisade Eye Associates, P.C. | $100,420 |
28 | Excel Pharmacy | $99,902 |
29 | Family Senior Health, LLC | $91,871 |
30 | Foot and Ankle Specialty, LLC | $89,955 |
31 | Jersey Apothercary, Inc. | $87,949 |
32 | Misha Healthcare, LLC | $86,710 |
33 | Sohum RX, LLC | $82,730 |
34 | Liberty Physical Therapy, PC | $79,903 |
35 | Baines Family Dental, LLC | $76,206 |
36 | Winston C. Umali, P. C., M.D. | $71,011 |
37 | Spectrum Health Care, Inc. | $69,714 |
38 | Liberty Emergency Medical Associates, LLC | $69,670 |
39 | Optical Palace, LLC | $69,109 |
40 | The Prescription Shoppe | $65,621 |
41 | St. Ann Ortho Fitting, LLC | $64,874 |
42 | New Edge Orthopedics | $59,239 |
43 | Sahara Medical Associates | $56,048 |
44 | Joan Noroff | $53,390 |
45 | Jersey Dental Arts P.A. | $52,054 |
46 | Family Pharmacy, Inc. | $51,069 |
47 | Nassiri Pediatric Dentistry | $50,447 |
48 | Prosthodontic Associates of New Jersey PA | $50,254 |
49 | DRS. Savoy & Siegel, LLC | $48,664 |
50 | SLC Pharmacy, Inc. | $47,884 |