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Thursday, November 7, 2024

HHS provides $35.8 million to businesses in Woodbury under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Woodbury received $35.8 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 York State received $11.9 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 New York City Health and Hospitals Corporation with a total of $1.2 billion. The average loan size in the city was $464,805 while the state's average loan amount was $368,700.

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
1Dewitt Rehabilitation and Nursing Center, Inc.$4,887,629
2Cold Spring Acquisition, LLC$4,300,320
3Jopal Bronx, LLC$3,686,828
4Shore View Acquisition I, LLC$2,739,594
5Morningside Acquisition I, LLC$2,575,958
6Carillon Nursing and Rehabilitation Center, LLC$2,503,822
7Prospect Acquisition I, LLC$2,161,170
8Paljr, LLC$2,139,116
9Sea Crest Acquisition I, LLC$2,087,413
10Chapin Acquisition I, LLC$1,624,670
11Excel at Woodbury for Rehabilitation and Nursing, LLC$1,584,657
12Terrace Acquisition II, LLC$1,475,553
13White Oaks Rehabilitation and Nursing Center$1,347,828
14Norwalk Acquisition I, LLC$981,382
15The Center for Developmental Disabilitie$488,609
16Laboratory of Dermatopathology ADX, LLC$146,286
17Orthopaedic and Sports Associates of Long Island, PC$125,104
18Aesthetic Dermatology, LLC$108,534
1950 Oceana Pharmacy Corporation$78,908
20Precision Sports Physical Therapy, PLLC$49,456
21Peter Barkoff, PC, D.D.S.$48,778
22North Shore Prosthodontics of Woodbury, LLP$48,408
23David a Schlessinger, P. C., M.D.$45,236
24Turner Periodontics and Implant Surgery, PC$42,423
25Chang Yu$38,034
26DR. Karen Schwartz PC, M.D.$35,559
27Weiyan Tan Physician, PC$35,431
28Rubenstein & Rubenstein LLP, D.D.S.$35,145
29Carolina C. Baun$29,307
30Ravindra Bhachawat Medicine, PC$29,090
31The Jurim Dental Group, PLLC$22,154
32Dr. Marc Herman$21,918
33Mid Island Orthopedics & Sports Medicine, PC$20,952
34Rapid Access Medical Diagnostics, PLLC$20,577
35Dental Associates of New York, LLP$19,698
36Olaf Butchma$15,172
37Richard Abrash$15,163
38D T Peterson PC, D.P.M.$14,168
39Physical Therapy Long Island, PC$13,815
40Women's Health & Wellness of Long Island, PLLC$13,093
41Muhammad Hasan$11,474
42Samuel Fox Medical Doctor, PC$11,231
43Virmani Psychiatry, PLLC$10,807
44Donald Hills, D.D.S.$9,251
45Power X PT, PC$9,134
46Jai P. Singh PC, M.D.$8,203
47Sheinis Family Orthodontics, PC$7,413
48DT Periodontics and Cosmetic Dentistry, PLLC$7,100
49Diamond Urological, PC$5,715
50Milagros D. Diaz, PC, M.D.$4,848

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