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Capital District Times

Sunday, December 22, 2024

HHS provides $15.4 million to businesses in Schenectady under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Schenectady received $15.4 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 $143,774 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
1Ellis Hospital$8,828,247
2Kingsway ARMS Nursing Center, Inc.$1,100,385
3Schenectady Pulmonary and Critical Care Associates$926,357
4Schenectady County Chapter, Nysarc, Inc.$774,714
5Schenectady Family Health Services, Inc.$559,890
6Parkland Ambulance Service, Inc.$558,073
7Cardiology Associates of Schenectady, P.C.$419,625
8Wound Healing Solutions, LLC$250,450
9Schenectady Anesthesia Associates, P.C.$198,469
10PRN Physical, Occupational and Speech Therapy Network, PLLC$192,999
11Visiting Nurse Service Association of Schenectady County$123,014
12Schenectady Partners, LLC$122,135
13Gomez Neurology, PLLC$109,515
14Mohawk Opportunities, Inc.$93,998
15Guilderland Family Dentistry$90,943
16820 River Street, Inc.$67,465
17Kennedy Ophthalmic Associates, PLLC$66,026
18Northeastern Radiation Oncology$63,660
19Glaucoma Consultants of the Capital Region, PLLC$61,241
20Deluke Orthodontics, PC$47,616
21Dental Offices, LLP$38,774
22Erin M Page, P. C., D.D.S.$38,491
23Action Transportation, Inc.$37,183
24Fox & Schingo Plastic Surgery, PC$33,145
25Kenneth D Schwartz PC, D.D.S.$30,390
26K Family Dentistry, PLLC$28,057
27Rotterdam Emergency Medical Services, Inc.$27,004
28Schenectady Eye Surgery Associates, PLLC$25,606
29Union Street Dentistry, LLC$24,014
30Susan a Kessler PLLC, M.D.$22,835
31Amy M Molinaro PC, D.M.D.$22,593
32Venkateswarar Voleti$20,237
33Scott S. Soule, D.D.S.$20,053
34Rotterdam Dental ARTS, PLLC$19,216
35Schenectady Pathology Associates, PC$17,249
36Fraterrigo Eye Physicians &surgeons, PLLC$16,941
37Fleming Physical Therapy Consultant, PC$16,124
3811:11 Transportation Corporation$14,250
39Schenectady Enterprise, PLLC$13,199
40Alcoholism & Substance Abuse Council of$11,952
41Mclaughlin Judd Physical Therapy, PLLC$11,753
42Park Place Pediatric & Adolescent$11,690
43Lam Family Foot Care, PLLC$11,581
44Podiatry Associates, PC$11,283
45Carenet Medical Group, PC$11,263
46Schenectady Ambulance Service, Inc.$10,791
47Donna Heffernan$10,421
48Thomas Merten, D.D.S.$10,409
49Ram Orthotic & Prosthetic Lab, LLC$9,478
50Ridge Health Services, Inc.$9,151

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