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Burlington Review

Monday, September 30, 2024

HHS provides $73.5 million to businesses in Marlton under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Marlton received $73.5 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 $513,858 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
1Virtua West Jersey Health System, Inc.$43,181,815
2Virtua Willingboro Hospital, Inc.$17,936,584
3Advocare, LLC$6,597,527
4Elmwood Evesham Associates, LLC$1,321,009
5Reconstructive Orthopedics Pa$778,884
6Wiley Mission$606,136
7Kessler Professional Services, LLC$373,301
8Sunmed Medical Systems, LLC.$286,297
9Noah Lindenberg, PC$145,756
10Consensus Medical Group, LLC$116,169
11Heymann, Manders, Green & Sommer, LLC$112,479
12Joseph Sandberg$105,193
13Carlyn S Phucas Orthodontics LLC, D.D.S.$105,021
14Dami of Marlton New Jersey, PC$99,956
15Care One at Evesham Assisted Living, LLC$93,524
16Evesham Eye Associates, Inc.$84,184
17Prosthodontics at Marlton Crossing$80,418
18Segal Orthodontics, PC$79,044
19Greater New Jersey Creative Counseling I$67,070
20Personal A. Touch Garment Corporation$55,000
21Haddon Oral Surgeons Pa$51,600
22Centra NJ, P.C.$46,627
23Fresenius Medical Care Marlton, LLC$46,361
24Aesthetic Dermatology, LLC$43,852
25The Orthodontic Group, PA$42,886
26Trinity Medical Laboratories$41,781
27Synergy Joint & Spine, LLC$40,246
28Revive Spine and Pain Center$38,890
29Harry Grossman PA, M.D.$37,240
30Ankle and Foot Medical Centers of the Delaware Valley, PC$35,886
31M K Dovnarsky PC, M.D.$32,388
32Elmwood Family Physicians$30,879
33Apple Physical Therapy, LLC$30,609
34David R Silver, D.M.D.$25,896
35Premier Surgical Center, LLC$24,966
36Integrated Childrens Health$23,679
37The Allergy and Clinical Immunology Center$23,057
38Corrado Chiropractic & Rehabilitation Center, LLC$22,766
39South Jersey Center for Advanced Dentist$22,560
40Jeffrey Crawford$22,473
41Family & Psychological Services$20,383
42Wu Rehabilitation Associates, LLC$20,128
43MBN Partners, LLC$19,958
44Thomas J Marzili LLC, M.D.$19,073
45Meetinghouse Family Physicians Pa$18,955
46Dental Wellness of Marlton$17,998
47Ferne Sandler$16,878
48Avraham Cohen$16,030
49Lynn M Andreacola PA, D.M.D.$15,056
50Cooper Faculty Ob Gyn, PC$14,771

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