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Mercer Times

Tuesday, December 24, 2024

HHS provides $1.9 million to businesses in Pennington under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Pennington received $1.9 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 $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.

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

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