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Saturday, November 23, 2024

HHS provides $17.8 million to businesses in Secaucus under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Secaucus received $17.8 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 $424,419 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
1NJMHMC, LLC$14,415,804
2Amedisys New Jersey, LLC$2,457,446
3Hudson Company Board of Chosen Freehold Admin$528,463
4American Dental Center PA$111,303
5Robert W. Boyajian, PA, M.D.$56,598
6Secaucus Dental Group$27,157
7J S Moukdad LLC, M.D.$27,069
8Fresenius Medical Care Secaucus, LLC$25,047
9Hackettstown Anesthesia Associates$22,391
10Alaa Salah Eldin$21,442
11Antwan Ahad, PC$17,981
12Vein Centre Fernando Segovia, M.D.$13,122
13Hudson Partnership CMO$12,817
14Dhirendra Patel$10,573
15Prime Diagnosis Medical PA$9,851
16Gerard Schiraldi, D.M.D.$9,369
17The Center for Gastroenterology and Liver Disorders, LLC$8,698
18Heart Center Secaucus, LLC$7,201
19Agile Urgent Care of Secaucus, LLC$5,486
20Coxphit, LLC$4,770
21Nathan Freed, PA, OD$4,396
22Winston Chew$4,216
23Ghassan Nahas$4,047
24Heart Center of Hudson County, LLC$4,015
25Fortunata Tieng$2,873
26Phosphorus Diagnostics, LLC$2,570
27Liberty Care, Inc.$2,417
28NJ Cardiovascular Institute, LLC$1,827
29Melvin Jankolovits$1,372
30Gerard a Marra SR, Inc.$983
31George Tsirogiannis$955
32Pierre Guibor, PA, M.D.$774
33Biopath Diagnostic Associates, PC$710
34Drrobertberckesllc$691
35Dr. Anthony Scarpello R.P.A.$682
36Nutritional Services, LLC$132
37Maureen Simone Hoch$113
38Yg Medical Services, PC$71
39Jennifer Duda$62
40Kenneth Liao L. L. C., M.D.$57
41Chirolove Spine & Wellness Center, LLC$18
42Ultra Imaging$16

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