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Tuesday, December 24, 2024

HHS provides $73.2 million to businesses in Lawrenceville under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Lawrenceville received $73.2 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 $704,292 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Capital Health System, Inc.$66,242,131
2Morris Hall St. Lawrence, Inc.$4,472,380
3Mercer County Surgery Center, LLC$495,332
4Lawrenceville Neurology Center, P. A.$319,038
5Lawrenceville Dermatology, PC$267,246
6Methodist Associates in Healthcare of New Jersey, P.C.$211,438
7Mercer Eye Associates$84,318
8Delaware Valley Pediatric Associates, PA$79,336
9Lawrenceville Dental Implant Center and Periodontics, LLC$68,597
10Franklin Corner Dental$67,124
11Gina Del Giudice PC, M.D.$64,026
12Penlar Pharmacy, Inc.$56,697
13Princeton Sports and Family Medicine, P.C.$54,305
14Princeton Pain and Spine Institute, PC$50,851
15Mercer Childrens Dentistry, P.C.$42,632
16Steven G Safran PA, M.D.$36,325
17Princeton Family Care, LLC$33,295
18Carnegie Healthcare Corporation$33,229
19Karen Winterfield Dodds PC, D.M.D.$30,638
20Lawrenceville Dental Arts Pa$30,110
21Rapid Access Medical Diagnostics NJ, LLC$28,979
22Premier Pain Professionals, PC$28,483
23Bruce W. Small PA, D.M.D.$28,053
24Michael Scalia PA, D.D.S.$25,070
25Chacker & Chacker$20,971
26Allied Vision Services$18,752
27ATK Endodontics, LLC$18,717
28Chirag S Shah LLC, M.D.$18,527
29William W Roberts III PA, D.M.D.$17,699
30Pinnacle Therapy Services, P.C.$17,030
31Robyn Agri$15,561
32Kevin McGuigan$14,295
33Lorraine Kosztyu, PA, D.M.D.$13,868
34Township of Lawrence$13,462
35Center for Primary Care Medicine, LLC$12,888
36Charles Terry$12,802
37James Boozan$11,127
38The Center for Women's Health & Wellness, LLC$10,785
39Aroga Medical Associates, PC$10,145
40Children First Medical Care$9,533
41Madhu Jain$9,126
42Amy a Treski & Associates PC, OD$9,045
43Lawrence Medical Associates$8,803
44Lawrence Gastroenterology Pa$8,733
45Avanava, PC$8,686
46Harold J Brown & Spring R Matthews-Brown M.D. PA, M.D.$7,949
47Medwell Internal Medicine, LLC$7,820
48Lawrenceville Eye Care, LLC$7,233
49John Shelmet$7,161
50E&S Home Care Solutions of Lawrenceville, LLC$7,020

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