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 $240,882 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 | Centrastate Medical Center, Inc. | $35,125,777 |
2 | Morristown Post Acute Rehabilitation and Nursing Center | $1,637,893 |
3 | Allaire Healthcare Group, LLC | $1,245,014 |
4 | Health Affiliates, Inc. | $952,241 |
5 | Wedgwood Gardens Care Center | $950,875 |
6 | The Jewish Home for Rehabilitation and Nursing, Inc. | $816,905 |
7 | Center for Aging, Inc. | $768,344 |
8 | Advanced Orthopedics and Sports Medicine Institute, PC | $375,748 |
9 | Millennium Eye Care, LLC | $297,900 |
10 | New Horizons in Autism, Inc. | $269,365 |
11 | Freehold Ophthalmology, LLC | $236,198 |
12 | Central Jersey Emergency Medicine Associates | $210,049 |
13 | Freehold Endoscopy Associates, LLC | $120,875 |
14 | Lakewood Urology Limited Liability Company | $116,715 |
15 | Change of Heart Cardiology, LLC | $111,024 |
16 | Centrastate Assited Living, Inc. | $110,022 |
17 | Professional Orthopaedic Association PA | $105,047 |
18 | Specialty Script Freehold, LLC | $103,685 |
19 | Mid Atlantic Perodontics, P C | $103,224 |
20 | Tender Smiles 4 Kids of Monmouth | $96,329 |
21 | Mid Atlantic Diabetes and Endocrinology Associates | $90,575 |
22 | Surgicare of Freehold, LLC | $84,172 |
23 | Mamta Shah, PC | $81,754 |
24 | Central Jersey Spine & Wellness, Inc. | $69,360 |
25 | Freehold Hospitalists, LLC | $64,657 |
26 | Prime Surgicare | $62,573 |
27 | Freehold Orthodontics | $57,927 |
28 | Atlas Medical Care, LLC | $56,990 |
29 | Freehold Surgical Center, LLC | $55,895 |
30 | Heal and Care Pediatrics | $43,540 |
31 | Observation Medicine Specialists | $43,365 |
32 | AK Bhattacharya LLC, M.D. | $42,449 |
33 | Ronald Minzter PC, M.D. | $39,511 |
34 | Allergy & Asthma Associates of Murray Hill, PC | $39,158 |
35 | Robert Nardolillo | $38,410 |
36 | Oakwood Dental ARTS, LLC. | $38,068 |
37 | Caring Neurology, LLC | $37,978 |
38 | Surgical Specialists of Central NJ, LLC | $37,648 |
39 | Nu Smile Family Dentistry, LLC | $36,694 |
40 | Midstate Rheumatology Center | $36,319 |
41 | Central Jersey Neurology Associates, P. A. | $35,975 |
42 | Center for Periodontal Health P. A. | $33,933 |
43 | Melinda Blume & Leonard Eisner, D.D.S., D.D.S. | $32,940 |
44 | Pathways Neuropsychology Associates | $31,838 |
45 | Omni Behavioral Health Solutions, LLC | $28,601 |
46 | Bogdan Surgery Center, PC | $27,381 |
47 | Complete Care Pain and Palliative Center, PC | $27,280 |
48 | Broban of N. J., Inc. | $26,599 |
49 | Endocrinology Associates of Central New Jersey PA | $23,761 |
50 | Rekha Gohel LLC, M.D. | $22,566 |