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Nassau Standard

Friday, November 1, 2024

HHS provides $1.4 million to businesses in Greenvale under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Greenvale received $1.4 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 $56,653 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Advanced Internal Medicine Group, PC$318,150
2SF Nassau ASC, LLC$236,943
3St. Francis Cardiac Prevention Services, PC$177,226
4North Shore Infectious Diseases Consultants, PC$144,781
5Meyer Abittan PC, M.D.$124,414
6Patrick Depippo$99,952
7Donald Jay Binderow, D.D.S.$84,183
8Stacey F Brisman P. C., M.D.$57,070
9O. Goussis PC, M.D.$40,165
10Li Gastroenterology Endoscopy, PC$37,587
11Gary Gecelter$19,467
12Kenneth Kahaner$17,875
13Endocrinology Professional of NY, PC$11,880
14Keith a Siller PC, M.D.$10,904
15Kaushik Gastroenterology, PC$9,679
16Great Neck Hematology&oncology., P.C.$8,080
17Punam Prabhakar PC, M.D.$6,501
18Rafael Arbizu$4,723
19Greenvale Chemists and Surgical Supply Company$1,887
20Elizabeth Albrecht$1,748
21W. R. Wegorzewski, P. C., D.D.S.$1,592
22Cecilia Bell$620
23Ruth Cohen$591
24Robert C. Lin PC, M.D.$161
25Irene C. Lin PC, M.D.$144

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