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Friday, November 8, 2024

HHS provides $14.1 million to businesses in Troy under CARES Act

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Through the fourth quarter of 2020, businesses in Troy received $14.1 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 $198,471 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
1Samaritan Hospital$7,178,610
2Rensselaer County Bureau of Finance$2,550,209
3Heritage House Nursing Center, Inc.$832,160
4Home Aide Service of Eastern New York, Inc.$756,416
5The James a Eddy Memorial Geriatric Center, Inc.$623,052
6Rensselaer County Chapter Nysarc, Inc.$474,868
7Unity House of Troy, Inc.$322,709
8Capital Eye Care Physicians and Surgeons, PLLC$212,006
9Saratoga Vitreo-Retinal Ophthalmology, PLLC$142,843
10Maccio Physical Therapy, PLLC$117,550
11Accent Health Care Services, Inc.$69,627
12Easthudsonoms$64,517
13Upstate Gastroenterology Associates, PC$57,736
14Mobile Hyperbaric Centers, LLC$54,993
15J. Schwartz, PLLC, M.D.$47,850
16Northeast Nephrology Association, P C$47,766
17Adept Health Care Service, Inc.$33,268
18City of Troy$32,630
19Hudson Mohawk Recovery Center, Inc.$32,471
20Brunswick Dental Associates, LLP$31,603
21YKG Medical, PC$29,167
22Brunswick Physical Therapy, PLLC.$24,607
23Mahogany Miles MSD PLLC, D.M.D.$22,801
24Phyllis a. Norton & Natalia M. Bausback, D.M.D.; P. C., D.D.S.$22,784
25Troy Family Physicians, PC$20,594
26Lansingburgh Family Practice, PC$20,266
27Asma Arif PC, M.D.$19,391
28Browning and Butler Physical Therapy Associates, PC$18,224
29NJE PT Movement, PLLC$18,128
30Upstate Empire Pathology, PLLC$17,146
31Tri-City Cardiology Care, PLLC$15,182
32Jason Ogonowski PLLC, OD$14,557
33Pamela Kaw$14,098
34Praveen C. Vallabhaneni, PLLC, D.M.D.$11,668
35Thomas H Hoppe, D.D.S.$11,118
36Zeev Hertz$10,959
37Brunswick Family Practice, PLLC$10,814
38Vladimir J Kalas PC, M.D.$9,880
39Barbara Wolner$8,836
40Kevin C. Albert$7,937
41Joel Nichols$7,348
42Collar City Podiatry, LLC$7,326
43Advanced Orthotics & Prosthetics, LLC$7,126
44Empire State Physician, PLLC$5,322
45Freshteh Salehi$5,021
46Thomas E Couch JR, D.P.M.$4,430
47Marvin Fine$4,096
48Eric Kelly Physical Therapy, PLLC$3,784
49Ready's Transportation Enterprise, LLC$3,452
50Errand Boy, Inc.$3,337

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