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Nassau Standard

Friday, November 1, 2024

HHS provides $14.5 million to businesses in Great Neck under CARES Act

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Through the fourth quarter of 2020, businesses in Great Neck received $14.5 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 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 $49,041 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
1WM Operating, LLC$1,615,463
2Wedgewood Care Center, Inc.$1,499,863
3Regioncare, Inc.$945,000
4The Smilist Dental, PLLC$638,178
5Orthopaedic Associates of Manhasset, PC$539,499
6First Choice Home Care, Inc.$504,770
7C and T Homecare Services, LLC$485,729
8Aesthetic Plastic Surgery, PC$344,631
9Nassau Chest Physicians, P.C.$320,782
10Wesson Dermatology, PC$314,610
11Doctor YIO Medical Service, PC$303,423
12Bodian Dermatology Group$291,183
13Neurological Specialties of Long Island, PLLC$267,569
14North Shore Gastroenterolgy Associates$244,723
15Rodney Rastegar, DD, PLLC$218,977
16Caring Long Island Medical$215,302
17H. Sasson, P. C., M.D.$214,551
18Wingtat Mui PLLC, M.D.$183,723
19Rajesh Bhatnagar Physician, PC$175,719
20Thomas Panetta Vascular Surgery PLLC, M.D.$174,185
21North Shore Radiology Services, PC$146,558
22Endocrine Associates of Nassau & Queens, PC$127,547
23Digestive Healthcare Associates, PC$125,682
24The Smilist Dental of New Jersey, LLC$120,359
25Great Neck Family RX, Inc.$118,378
26Bagdig Baghdassarian, M.D.$109,992
27Richard a. Matano, PC, M.D.$108,953
28Hal Gerstein, M.D.$107,625
29K. Jacob Cohen-Kashi & Lawrence C. Lin M.D. PLLC, M.D.$103,933
30GB Audiology$86,112
31Healthy Heart Cardiology, PC$82,938
32Endocrine Consultants of Long Island, LLP$79,495
33Sylvan and Mondello Dentistry, PLLC$77,129
34Link Home Therapy Services of NY PT Ot SLP, PLLC$74,160
35Eliot M. Heisler, P. C., D.D.S.$72,714
36Bradley Fischman, D.D.S.$71,294
37Marc J Elkowitz PC, M.D.$66,096
38Josh Werber$66,001
39Bruce Lowell, M.D.$61,423
40Nassau Pulmonary & Critical Care Medicine, PC$60,749
41Chiropractic Rehabilitation$58,142
42Soundview Medical Group, PLLC$57,665
43NY Premier Cardiology, PC$57,583
44Berck Dermatology, LLC$56,850
45Brian D Cohen PLLC, M.D.$56,157
46Advanced Internal Medicine, PC$54,143
47Michael Ahdoot, PC, M.D.$53,625
48Nancy Wolfin$53,217
49Long Island Medical & Gastroenterology, P.C.$51,434
50B Alyeshmerni PC, M.D.$49,033

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