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Somerset Times

Sunday, September 22, 2024

HHS provides $167.8 million to businesses in Somerville under CARES Act

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Through the fourth quarter of 2020, businesses in Somerville received $167.8 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 $2.7 million 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
1Robert Wood Johnson University Hospital, Inc.$165,382,679
2ID Care PA$936,728
3Ambulatory Surgical Center of Somerville, LLC$193,729
4Mid Jersey Endodontic Group$131,539
5Somerset Emergency Medical Associates, LLC$126,557
6KNJ Hospitalist Group, LLC$120,280
7Advance Hospital Care., LLC$119,945
8Kidney Hypertension Center of Central Jersey, PC$105,338
9Somerset Oral Surgery Group$81,830
10Harmony Group, LLC$49,859
11Anthony J Catanese LLC, M.D.$48,938
12County of Somerset$42,593
13Ear Nose & Throat Care, PC$39,191
14Somerset Orthodontic Specialists, LLC$34,211
15Bilal Mian PA, M.D.$30,615
16Kim and Kim LLC, D.D.S.$29,823
17Julianne M Kane, P. C., D.M.D.$28,881
18Martin H Cornick Professional Association$23,924
19Somerville Family Eyecare, LLC$23,588
20Bevon Miele$20,316
21Narla PC, D.M.D.$18,472
22Somerset Treatment Services, Inc.$18,094
23Mid-Jersey Neurology Associates, PA$16,637
24Central Jersey Eye Associates$15,637
25Betty Sanchez Catanese$12,886
26Family Vision Center, Inc.$12,406
27Branchburg Eye Physicians, Inc.$12,353
28Saachi R.S. Corp$12,198
29Edward S Magaziner, PA, M.D.$10,301
30Dawnmarie Digrazia, LLC, D.M.D.$9,064
31Maria Rodriguez$8,704
32Marie Scodari$7,740
33Family Care of Somerset, LLC$7,080
34Francis Barbieri JR, D.D.S.$7,015
35Ming Huang$4,673
36Psychiatric and Behavirol Health Solutions, LLC.$4,560
37TJM Behavioral Health Services, LLC$4,504
38Jewish Family Service of Somerset Hunterdon & Warren Counties$3,974
39Advanced Digital Dentist, LLC$3,883
40First Aid & Rescue Squad of Somerville NJ, Inc.$3,589
41Central Jersey Internal Medicine PA$3,375
42Universal Behavioral Health Center$3,079
43ABC Physical Therapy & Hand Therapy, LLC$3,071
44V Blakeman Psychotherapy, LLC$2,699
45Joanne Reynolds$2,264
46Cara Seroy$2,249
47Russell J.D.C.P.A. Dunlop$1,606
48Janet Altman$1,239
49Somdocs$1,179
50Samsara Chiropractic Wellness Center$1,153

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