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Sunday, September 29, 2024

HHS provides $5.4 million to businesses in Eatontown under CARES Act

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Through the fourth quarter of 2020, businesses in Eatontown received $5.4 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 $111,697 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
1Preferred Home Healthcare Group, Inc.$2,101,637
23 Industrial Way East Operations, LLC$995,620
3Advanced Health and Education Limited Liability Corporation$342,475
4CPC Behavioral Healthcare, Inc.$300,000
5Center for Ambulatory and Minimally Invasive Surgery, LLC$275,639
6Hypertension & Nephrology Association PA$114,586
7New Jersey Urologic Institue PA$112,724
8Eatontown Primary Care, LLC$112,282
9Central New Jersey Hand Surgery$109,039
10Jersey Shore Cardiothoracic and Vascular Surgical Assocs.$105,776
11Monmouth Pulmonary Consultants P a$101,982
12Health Innovations Unlimited, Inc.$96,799
13Central Jersey Specialty Surgical Associates$85,016
14Garden State Spine and Pain Institute, LLC$84,643
15Central Jersey Urgent Care$83,163
16Vascular & Vein Center of NJ, LLC$77,458
17Eatontown Medical Associates PA$37,253
18Dental Group at Seaview, P. A.$28,769
19A2Z Diagnostics, LLC$24,309
20Apprehensive Patient Dental Offices, PC$23,705
21Healing Star Physical Therapy and Wellness, LLC$22,232
22Health Care for Life, LLC$19,167
23Eye Associates of Monmouth, LLC$10,349
24Breast Imaging & Biopsy Specialists$9,904
25Jewish Family and Children's Service$9,573
26Eatontown Dental Care$9,104
27Barry J. Edison P. C., D.O.$7,877
28Valerie Magrino Psychiatric Nurse Practitioner, LLC$7,692
29Mobile Therapy Services, Inc.$7,547
30Sarah Morris$6,470
31Robert Ferraris, D.M.D.$5,500
32Activity First Physical Therapy and Sports Medicine, LLC$5,497
33Kevin S Lopyan, LLC$5,424
34Gerald Kass$5,000
35Elite Orthotics & Prosthetics, LLC$3,317
36Eatontown Elite Care Center, LLC$2,808
37Eye Institute of Central New Jersey, PC$2,181
38Optometric Physicians of Eatontown, LLC$2,009
39Gurbir Khera$1,672
40William Beegle$1,596
41Advanced Chiropractic Healthcare & Wellness, LLC$1,045
42Laura Kelly$645
43Womens Center for Integrative Health$625
44Next Level Spine & Wellness Center of NJ, LLC$593
45Sara Ross Finkelstein$516
46Carol Davis$111
47Regional Cardiology Consultants, PC$104
48Cheryl Leiningen$37

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