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Monmouth Times

Sunday, September 29, 2024

HHS provides $1.5 million to businesses in Ocean under CARES Act

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Through the fourth quarter of 2020, businesses in Ocean received $1.5 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 $36,341 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
1Seaview Orthopaedic$947,501
2Krosney, Berg, Talansky & Turtel, MDS PA$109,182
3Morgan Dermatology$78,666
4Mid Atlantic Geriatric Association$48,285
5Kashmira Patel LLC, M.D.$28,752
6Kevin S Lang Orthodontic, D.M.D.$27,928
7Preferred Behavioral Health of New Jersey, Inc.$25,800
8Lawrence J Menditto PC, D.P.M.$20,353
9Andrew R Samuel, D.M.D.$18,218
10Inner Dynamics Physical Therapy$16,217
11Madeline Badalaty$15,221
12APN Physical Therapy, Inc.$15,100
13Pharmacy Town, LLC$13,145
14Alan G Stern PA, D.D.S.$13,106
15Leitner Dental Arts Pa$12,173
16Laura Branigan LLC, D.M.D.$11,800
17Digestive Disease Specialists of Central Jersey, P.C.$10,990
18Edward S Boim, D.D.S.$8,570
19Ocean Orthodontics, LLC$7,975
20Vicki Raab LLC, M.D.$7,471
21Wanamassa First Aid Squad$7,369
22Paul Klenoff$7,313
23Frederick Ezon$7,052
24Orthocare Physical Therapy$5,718
25DR Evan Kelner PA, D.P.M.$5,532
26Prime Rehabilitation Services, Inc.$4,000
27Chiropractic Health and Wellness Center, LLC$3,543
28In Touch Chiropractic$2,863
29Liza Restifo$2,241
30Robert Edelhauser$2,020
31Grace Doctorow$1,551
32William Rosenblatt$1,090
33Felix Garcia Facs LLC, M.D.$742
34Maureen V Waters LCSW, LLC$728
35Kindman Therapy Associates, LLC$495
36Sandra Cohen$438
37Atlantic Medical Physicians, LLC$396
38Value Life Counseling$194
39Monmouth County Regional Health Commission #1$178
40Jai Shri Ganesh, LLC$49
41William Henry$25

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