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 $531,903 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 | Newark Beth Israel Medical Center, Inc. | $69,622,084 |
2 | Barnabas Health Medical Group, P C | $4,367,550 |
3 | Robert Wood Johnson Physician Enterprise | $1,848,421 |
4 | Theranorth Services, LLC | $1,142,486 |
5 | Complete Care at Willow Creek, LLC | $1,021,125 |
6 | Somerset Woods Rehabilitation and Nursing Center, LLC | $946,256 |
7 | University Orthopaedic Associates, LLC | $693,286 |
8 | Anesthesia Consultants of New Jersey, LLC | $610,845 |
9 | Albany Regional Eye Surgery Center, LLC | $298,738 |
10 | The Martin and Edith Stein Hospice | $283,013 |
11 | Heart & Vascular Center of New Brunswick, LLC | $218,641 |
12 | Clarity Laboratories, LLC | $206,688 |
13 | University Center for Ambulatory Surgery | $190,674 |
14 | Somerset Eye Institute, PC | $172,304 |
15 | Princeton and Rutger Neurology, P. A. | $136,973 |
16 | Pharmscript of KS, LLC | $131,310 |
17 | Pharmscript of TN, LLC | $127,141 |
18 | The Martin & Edith Stein Assisted Living Residence, Inc. | $116,618 |
19 | Advanced Dental Arts Pa | $110,876 |
20 | Staten Island Ophthalmology, PC | $110,684 |
21 | Forever Young Medical Daycare, LLC | $104,368 |
22 | David Yakobashvili, LLC, M.D. | $97,513 |
23 | New Jersey Optometry, PC | $96,906 |
24 | New Jersey Sports & Spine Medicine, PC | $96,886 |
25 | Helpers Home Care Agency, LLC | $79,191 |
26 | Digestive Disease Center of NJ, LLC | $78,907 |
27 | Pharmscript of West Texas, LLC | $66,782 |
28 | Paradise Adult Day Healthcare | $64,717 |
29 | Dental Care Marlboro, LLC | $63,682 |
30 | Cedar Grove Dental Associates | $52,768 |
31 | Center for Great Expectations | $52,048 |
32 | Somerset Family Dentistry, LLC | $50,760 |
33 | Manju Misra PC, M.D. | $48,814 |
34 | Natural Medicine & Rehabilitation Center, PA | $47,642 |
35 | Associated Renal & Hypertension Group, PC | $46,662 |
36 | Family Dental of Princeton, LLC | $44,986 |
37 | Dynamic Rehab Physical Therapy, PC | $39,592 |
38 | Fresenius Medical Care Piscataway, LLC | $39,203 |
39 | Brunswick Pulmonary & Sleep Medicine, PC | $37,627 |
40 | Kasimatis, Inc. | $36,212 |
41 | Mahajan Rehabilitation Medicine, LLC | $35,604 |
42 | Academic Dermatology, Inc. | $33,787 |
43 | Solomon Kuchipudi LLC, M.D. | $32,958 |
44 | Somerset Pediatric Dental Associates, L.L.C. | $32,026 |
45 | Lin Li, PA, M.D. | $28,596 |
46 | Nilesh Patel | $28,479 |
47 | The Cardio-Thoracic Surgical Group, PA | $28,335 |
48 | Global Healthcare Partners, LLC | $27,612 |
49 | Kidney Care and Hypertension Center, LLC | $26,231 |
50 | Somerset Smiles Pa | $25,576 |