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Capital District Times

Friday, November 8, 2024

HHS provides $109.1 million to businesses in Albany under CARES Act

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Through the fourth quarter of 2020, businesses in Albany received $109.1 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 $386,747 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
1Albany Medical Center Hospital$43,210,212
2St. Peter's Hospital$26,084,807
3Nys Office of Mental Health$5,351,266
4Sunnyview Hospital and Rehabilitation Center$3,902,943
5New York Oncology Hematology, PC$3,486,048
6St. Peters Health Partners Medicalassociates, PC$1,997,370
7The Community Hospice, Inc.$1,825,976
8Teresian House Nursing Home Company, Inc.$1,816,773
9Albany County$1,507,185
10Center for Disability Services$1,474,903
11Orthopedics NY, LLP$1,400,711
12Daughters of Sarah Nursing Center, Inc.$1,397,906
13Villa Mary Immaculate$1,016,502
14Capital Region Orthopaedic Associates, PC$987,751
15Parsons Child and Family Center$899,663
16Consumer Directed Choices, Inc.$823,173
17Living Resources Corporation$735,252
18Northeast Parent and Child Society$716,064
19The Center for Rheumatology, LLP$604,598
20St. Peter's Ambulatory Surgery Center, LLC$512,466
21Capital Region Ambulatory Surgery Center, LLC$487,304
22Beverwyck, Inc.$451,065
23Center for Disability Service Holding Corporation$423,560
24Millennium Medical Imaging, PC$397,813
25Lawrence Kotlow, D.D.S.$332,206
26St. Catherine's Center for Children$322,472
27Lasalle School, Inc.$302,880
28John W. Repsher, PT, PLLC$290,472
29Visiting Nurse Association of Albany, Inc.$288,462
30Delphi Hospitalist Services, LLC$285,062
31Albany Enterprise & Allergy Services, PC$270,340
32Visiting Nurse Association of Albany Hom$254,569
33Belvedere Health Services, LLC$239,535
34Whitney M. Young, JR. Health Center, Inc.$202,333
35Delphi Healthcare, PLLC$198,036
36Executive Woods Ambulatory Surgery Center, LLC$179,685
37Certified Allergy Consultants, PC$171,905
38Albany Advanced Imaging, PLLC$171,848
39Manning Emergency Medical Associates, PLLC$164,069
40Freedom Center of Westmere, LLC$161,147
41Decker Sbuttoni Boghosian Di Cerbo Specialists In Orthod$151,810
42Hope House, Inc.$140,943
43Dermatologic Surgery of Albany, PLLC$116,102
44Barats Family Dentistry$114,943
45ENS Health Care Management, LLC$112,682
46Western Dental Care, PC$103,087
47Living Resources Certified Home Health Agency, Inc.$95,920
48Upstate OB/gyn Associates, P.C.$92,510
49Upper Hudson Planned Parenthood$87,022
50Albany Eye Associates Physicians & Surgeons, P.C.$86,312

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