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Union County Review

Thursday, October 17, 2024

HHS provides $21.9 million to businesses in Rahway under CARES Act

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Through the fourth quarter of 2020, businesses in Rahway received $21.9 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 $664,774 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
1Robert Wood Johnson University Hospital at Rahway$19,739,620
2Care Alternatives, Inc.$1,105,884
3Union County Health Care Associates, LLC$213,637
4Rahway Pathology, P. A.$212,831
5Rahway Radiation Oncology Associates, PC$117,544
6Associated Eye Physicians and Surgeons of New Jersey, P. A.$78,739
7Institute for Hypertension and Kidney Diseases, P.C.$71,502
8Arthritis Internal Medicine Care Center$58,175
9Rahway Emergency Medical Associates, LLC$57,435
10Health Plus Pharmacy Corporation$40,176
11Holsman Physical and Occupational Therapy, PC$38,801
12Nikita Varshneya PA, M.D.$28,372
13Rita Goradia U. Mdpc$24,148
14Advanced Gastroenterology Center, PC$23,790
15Richard J.D.M.D.P.A. Olin$23,201
16Rahway Medical and Nephrology P. A.$17,682
17Alyssa S. Bernstein, D.M.D.$17,672
18Medical Care Center, P.C.$13,469
19Yes Wellness Pa$11,816
20Rahway First Aid Emergency Squad$11,144
21Rahway Edison Orthopedic Group PA$7,952
22Calin Constandis$6,124
23Rahway Spine and Healthcare, LLC$4,649
24Medicine Plus, LLC$4,623
25Robert J. Kovacs Dc Pa$2,998
26Robert Weber$2,250
27Bongiovi Chiropractic Center PA$1,871
28Eyes on YOU, LLC$597
29Hector J Sanchez M D, P C$377
30Medical Care Associates, LLC$138
31First Assist Surgical Services$127
32Kenneth Weyback$115
33Gem Family Eyecare$69

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