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 $53,166 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 | Via Affiliates | $977,644 |
2 | Mercer Bucks Hematology/oncology, PC | $366,043 |
3 | Cynthia Matossian, P. A., M.D. | $202,461 |
4 | Pennington Dental Associates | $45,962 |
5 | Health Care Benefit Services, LLC | $33,524 |
6 | Mark W. Mcdonough, LLC, D.M.D. | $28,570 |
7 | Mercer Internal Medicine, LLC | $24,136 |
8 | Karen E. Desimone, LLC, D.D.S. | $22,369 |
9 | Pennington Family Dentistry, LLC | $20,760 |
10 | Geriatric Treatment Resources, LLC | $20,650 |
11 | Purtuc Dental, LLC | $17,862 |
12 | Dental Care of Hopewell Crossing, LLC | $15,916 |
13 | Mercer Regional Medical Association | $12,628 |
14 | Mercer Bucks Endocrinology, PC | $11,030 |
15 | Network Physicians of New Jersey, PC | $10,347 |
16 | Patricia Graham PC, M.D. | $9,849 |
17 | Steven Maffei | $9,669 |
18 | Pennington Dental Care | $6,977 |
19 | Donald Brescia | $4,863 |
20 | Pennington Family Wellness, LLC | $3,101 |
21 | Sandra Weldon | $2,737 |
22 | Pagano Chiropractic Center, PC | $2,118 |
23 | Robert Gunther | $1,772 |
24 | Eastern Pedorthics, Inc. | $1,382 |
25 | Vascular Disease Center, PC | $1,324 |
26 | Gretel J Lavieri LCSW, LLC | $1,308 |
27 | Kathy Ryan | $1,201 |
28 | William Fogler | $1,172 |
29 | Pennington Family Chiropractic, P.C. | $1,014 |
30 | Joanne Dailey | $982 |
31 | Lise Deguire | $502 |
32 | Dawn Raffa-Yoo | $417 |
33 | Daniel Lundquist | $210 |
34 | BHP Counseling, LLC | $170 |
35 | Mary Poinsett | $152 |