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Union County Review

Thursday, October 17, 2024

HHS provides $1.7 million to businesses in Summit under CARES Act

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Through the fourth quarter of 2020, businesses in Summit received $1.7 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 $20,936 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
1Summit Oaks Hospital, Inc.$677,013
2Hospitalists Emo, LLC$155,247
3Julie a Lorber PC, M.D.$61,039
4Imaging Guided Solutions, PC$53,747
5Aesthetic Dentistry of Summit, LLC$39,200
6Summit Hearing Aid Center, LLC$36,213
7Skin Care and Surgery Center, LLC$32,552
8Professional Physical Therapy & Training, LLC$31,167
9Allergy Diagnostic and Treatment Center, LLC$29,346
10Summit Internal Medicine, LLC$27,139
11Summit Cardiology, LLC$26,149
12David S. Hoffman, P. C., M.D.$22,658
13Summit Urologic Associates$22,146
14Summit Periodontics and Dental Implants$21,885
15Summit Physical Therapy$20,236
16Daniel I Butensky Inc., D.M.D.$19,961
17Peter Kapsimalis PA, D.D.S.$19,585
18Martin P. Bleckner, LLC, D.M.D.$18,306
19John M Boozan PA, M.D.$18,005
20Genualdi Orthodontic Associates PA$17,460
21Bruce J Grimaldi, D.M.D.$16,118
22DR. Violina Frenkel LLC, M.D.$15,754
23Central Dental Care of Summit$15,592
24Jeffrey L Flamme LLC, D.M.D.$15,422
25Summit Eye & Optical, LLC$14,747
26Alberto Lopez-Silvero, L. L. C, M.D.$14,538
27Atlantic Colon & Rectal Surgeons$14,178
28Sharon E. Selinger, P. A., M.D.$13,772
29DR. Stephen B. Korson PA, D.D.S.$12,456
30Thomas Jackson$11,886
31Trucare Home Health Services, Inc.$11,453
32Stuart Fischer$11,204
33Hatfield Endodontics, LLC$11,200
34Saad Habba$9,505
35Seeclear Associates, LLC$9,504
36Heidi Martin Hullinger, P. C., M.D.$9,422
37David Campeas$8,204
38Elena Napolitano LLC, M.D.$7,425
39Overlook Cardiac Testing$6,767
40Manoj Trivedi$5,802
41Sharon Shrensel$5,510
42Summit Dermatology, LLC$4,942
43Hilltopdental, LLC$4,940
44Family and Sports Medicine Institute of New Jersey, LLC$4,914
45Marc Mitnick, D.P.M.$4,625
46William a Pivinski, D.M.D.$4,311
47Walk Well Summit, LLC$3,882
48Durham Physical Medicine and Rehabilitation, LLC$3,671
49Anthony Iuzzolino$3,638
50NJ Behavioral and Health Psychology, LLC$3,522

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