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Wednesday, October 16, 2024

HHS provides $5.2 million to businesses in Newton under CARES Act

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Through the fourth quarter of 2020, businesses in Newton received $5.2 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 $108,638 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
1Barn Hill Care Center, Inc.$1,025,711
2Cardiology Associates of S. C., LLP$828,445
3Homestead Rehabilitation & Health Care Center, LLC$822,992
4Eye Physicians of Sussex County$525,048
5Skylands Medical Group, P. A.$447,854
6Karen Ann Quinlan Memorial Foundation$360,324
7Valley View Rehabilitation & Health Care Center, LLC$247,596
8Michael T. Ward PA, D.M.D.$215,915
9Newton Emergency Medical Associates, LLC$112,746
10Kidney Specialty Clinic, PA$98,839
11Sparta Cancer Center, LLC$89,803
12Newton Sparta Pediatric Dentistry & Orthodontics$67,514
13The Optical Center Doctors Office of Newton, LLC$44,430
14Sarwan S Kahlam, LLC, M.D.$32,477
15Glenn Sherman$31,302
16Martin Blackwell LLC, D.O.$30,586
17Northern N. J. Endoscopy Center, L.L.C.$24,789
18Executive Spine Surgery, PC$24,204
19Craig Wexler P C, D.P.M.$20,380
20Sussex County Endodontics, PC$19,855
21William Richard Holdsworth$18,280
22Sacks &schwarzwald$16,944
23Andover Eye Care, L.L.C.$15,081
24Shomaf Nakhjo LLC, D.O.$12,745
25Sussex Audiology Services and Hearing Aid Center, LLC$11,880
26Best Dental Care NJ, LLC$10,308
27Advanced Foot & Ankle Care, PC$8,811
28Advanced Behavioral Counseling of Northern New Jersey, LLC$8,263
29DR Gary Levat, LLC$7,261
30Marlayna C Best LLC, D.M.D.$5,809
31Grano Chiropractic Center of Andover, LLC$5,129
32Robin Ersner-Hershfield$2,679
33Healing Hands Chiropractic Center, LLC$2,558
34RMM Anesthesia$2,482
35Maxine Ollove$2,133
36County of Sussex$2,063
37Thomas Walaszczyk DC, LLC$1,857
38Victor Carlson$1,351
39Marie Badaracco Apolito$1,349
40Newton Health & Wellness, LLC$1,334
41Seth Ersner Hershfield$1,281
42Christine Webber$1,266
43Medical Center Opticians$1,001
44Dorothy Reed$865
45Kittatinny Chiropractic and Wellness Center$512
46Brigitte Heffernan$449
47DR. Donald T. Alosio, JR., Inc.$100
48Holistic Therapy by Design$34

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