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Thursday, October 17, 2024

HHS provides $2.7 million to businesses in Totowa under CARES Act

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Through the fourth quarter of 2020, businesses in Totowa received $2.7 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 $53,414 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1VHSNJ at Home, LLC$812,532
2Biologictx, LLC$450,000
3Little Sisters of the Poor St. Josephs Home for the Elderly$356,157
4Safeway Medical Tranportation, LLC.$131,614
5Jon I Heller, Inc.$126,608
6Community Care RX NJ, Inc.$99,979
7The Eyexam Group Totowa PA$86,409
8Totowa Pediatric Group P. A.$51,412
9High Mountain Health PA$48,880
10Totowa Dental Center$46,927
11Action Physical Therapy & Sports Rehabilitation$40,655
12Valley Oral & Maxiilofacial Surgery, P. A$39,373
13DP Pediatrics, LLC$31,748
14Immedicenter Totowa$30,337
1546 Dental, P C$26,272
16Michael L. Farrell LLC, D.O.$26,002
17Giliberti Eye and Laser Center, PC$18,480
18Perfect Smiles, LLC$17,175
19David J Martin PA, D.D.S.$16,425
20Community Care Specialty Pharmacy$16,046
21Advanced Center for Injury and Wellness Care, LLC$15,030
22Elite Spine and Sports Care of Totowa$13,930
23North Jersey Pulmonary Associates$13,885
24Liferock Medical, LLC$13,581
25Eric Rosen$13,570
26West Palm Beach Resources, Inc.$12,982
26Florida Imaging Specialists PA$12,982
28Woodland Park Dental Center, LLC$12,589
29Cardinal Ambulance Corp$12,548
30Dental ARTS of Totowa, LLC$12,333
31Parisi Dental Limited Liability Company$11,730
32Internal Medicine of Totowa, LLC$10,814
33North Jersey Pediatric Dentistry$8,406
34DR. Mark D. Leodori, P. A., D.P.M.$6,425
35Gregory Tamagnini LLC, D.P.M.$4,275
36Performance Rehabilitation, PC$4,238
37Allcare Health Associates, LLC$3,989
38Jersey First Homecare, LLC$3,077
39Imaging Specialists, LLC$2,075
40Rasraj Rana$2,029
41Ryan Sullivan$1,315
42Nader Mahmood$1,308
43Charles Sullivan$1,146
44Maria Teresa Bitar PA, M.D.$805
45Totowa Center for Pain Management & Physical Medicine, P.C.$786
46Richard Arace$770
47David Hubschmitt$735
48Atzmon Chiropractic and Health Center, LLC$167
492020 Eyecare Pa$117
50Ehrenworth & Goldsmith$13

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