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 $363,128 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 | Shore Memorial Hospital | $12,985,424 |
2 | Shore Specialty Consultants Professional Association | $727,589 |
3 | Shore Memorial Physicians Group, P.C. | $692,406 |
4 | Shore Orthopaedic University Associates PA | $348,977 |
5 | Shore Ambulatory Surgical Center, LLC | $255,953 |
6 | Shore Hospitalists Associates Professional Association | $159,958 |
7 | Jersey Shore Gastroenterology Associates, P. A. | $151,820 |
8 | Advanced Radiology Solutions | $134,851 |
9 | Bayfront Urgent Care Professional Associates | $123,521 |
10 | Med4kids | $108,654 |
11 | Robert M. Goldberg, P. A., M.D. | $95,430 |
12 | Robert J. Bray MS PA, D.D.S. | $91,085 |
13 | Novasack Family Dental, LLC | $69,679 |
14 | ARS of Somers Point, LLC | $67,414 |
15 | By the Sea Dentistry, PC | $66,421 |
16 | Somers Point Dental | $58,082 |
17 | William J Morrow PA, D.O. | $55,790 |
18 | Pace Orthopedics and Sports Medicine, PC | $48,046 |
19 | Jersey Shore Surgical Group, PC | $47,572 |
20 | Advanced Cosmetic and General Dentistry | $42,647 |
21 | S & H Rehabilitation Associates, LLC | $42,374 |
22 | Ccmma NJ, LLC | $38,651 |
23 | Medikine Group, LLC | $37,771 |
24 | Coastal Neurosciences, PC | $28,499 |
25 | Atlantic Allergy & Asthma Center, PC | $27,431 |
26 | Kane Medical, LLC | $24,255 |
27 | Frederick Nahas | $22,427 |
28 | Anthony Campo | $19,237 |
29 | Jersey Shore Sports Medicine | $18,717 |
30 | Paul S Demarco LLC, D.P.M. | $16,428 |
31 | Arthur Nahas | $15,443 |
32 | Scott D Tzorfas LLC, M.D. | $14,446 |
33 | Shore Pathology Associates, PC | $12,979 |
34 | George Halko | $12,068 |
35 | Louis J Rondinella, PA, M.D. | $9,844 |
36 | Jay M. Harmelin | $7,860 |
37 | Icare Home Healthcare Services, LLC | $6,106 |
38 | Harbor Physical Therapy, LLC | $5,692 |
39 | Somers Point Chiropractic Health Center, LLC | $3,175 |
40 | Larry Lemieux | $3,154 |
41 | Larry Levine | $2,014 |
42 | Brenna Cash, LLC | $1,520 |
43 | John T Bannon PA, M.D. | $1,418 |
44 | Alfred Cotton | $964 |
45 | Andrew Glass | $55 |
46 | Hill & Associates Therapy Services | $26 |