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 $38,694 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 | Orthopaedic Institute of Central Jersey | $505,580 |
2 | Meridian Laboratory Physicians, PA | $240,098 |
3 | Medical Radiology Group PA | $204,140 |
4 | Shore Family Eyecare | $102,374 |
5 | Sea Girt Medical Associates, PC | $70,800 |
6 | Ocean Otolaryngology Associates PA | $67,842 |
7 | Gary V Karakashian PA, M.D. | $66,602 |
8 | Atlantic Medicine and Wellness, LLC | $64,312 |
9 | Sea Girt Physical Medicine and Rehabilitation Associates, LLC | $48,391 |
10 | John Kukucka R. Jr. | $43,866 |
11 | Daniel a. Walenjus, PA, D.D.S. | $41,789 |
12 | Sol Solutions, LLC | $32,059 |
13 | Comprehensive Pain Management, LLC | $29,579 |
14 | Rachel M. Perlman Lpc | $28,380 |
15 | Keystone Cardiovascular Center, LLC | $28,256 |
16 | Crest Sports Training Physical Therapy Pa | $25,825 |
17 | Brielle Obstetrics & Gynecology, PA | $25,230 |
18 | Mark D Sheklian PA, D.M.D. | $24,652 |
19 | Elizabeth Merkler, D.M.D. | $24,000 |
20 | Owen Carolan LLC, M.D. | $19,389 |
21 | Mario Frangiskou PA, D.M.D. | $17,972 |
22 | Allaire Foot & Ankle | $15,975 |
23 | Advanced Dentistry of Wall | $14,439 |
24 | Evers Psychological Associates, PC | $12,213 |
25 | Christopher Mccartin & Associates | $11,831 |
26 | Mark M Seckler PA, M.D. | $11,723 |
27 | David Cheli PA, M.D. | $11,441 |
28 | Advanced Orthopedic & Sports Physical Therapy | $10,253 |
29 | AHR, PC | $9,329 |
30 | VJI, LLC, D.M.D. | $8,757 |
31 | Peaceful Dental Care at Manasquan PA | $7,949 |
32 | David Zykorie | $6,423 |
33 | Shore Psychology Associates, LLC | $5,186 |
34 | Sparano Face and Nasal Institute | $4,788 |
35 | Optimum Health Chiropractic, LLC | $3,316 |
36 | Adam Glantzman | $2,143 |
37 | Mark White D.P.A. Ph. | $2,124 |
38 | Jersey Shore Institute of Health and Wellness | $2,018 |
39 | Michael Panella | $1,359 |
40 | Coastal Medical Products, LLC | $1,115 |
41 | Sonora Foster | $1,074 |
42 | Frank R Stiso DC, LLC | $874 |
43 | Michael AdaMcZyk | $562 |
44 | Thomas Chemris, LCSW, LLC | $510 |
45 | Harry Barr | $479 |
46 | Sharon I Monter LLC, D.P.M. | $198 |
47 | Frank Murano | $71 |
48 | Mary Frances Beirne, EducationD., P. C., M.D. | $35 |