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Staten Island Reporter

Friday, November 1, 2024

HHS provides $276.3 million to businesses in Staten Island under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Staten Island received $276.3 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 $363,075 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
1Staten Island University Hospital$156,818,393
2Richmond Medical Center$77,089,209
3Physicians of University Hospital, PC$4,100,139
4Clove Lakes Health Care and Rehabilitation Center, Inc.$3,498,817
5Eger Health Care and Rehabilitation Center$2,650,298
6New Vanderbilt Rehabilitation and Care Center, Inc.$2,127,374
7Silver Lake Specialized$1,712,185
8Golden Gate Rehabilitation & Health Care Center, LLC$1,538,655
9One on One Physical Therapy, LLC$1,015,881
10Verrazano Nursing Home, Inc.$822,048
11Amboy Medical Practice, P.C.$773,206
12Richmond County Ambulance Service, Inc.$721,147
13Eden II School for Autistic Children$655,431
14Elena Feldman Optometrist, PC$634,886
15Healthcare Associates in Medicine, P.C$627,414
16All Heart Homecare Agency, Inc.$610,133
17Frank Scafuri, III, P. C., D.O.$595,685
18A Very Special Place, Inc.$586,046
19Ophthalmology Associates of Staten Island, PC$526,636
20Icahn School of Medicine at Mount Sinai$505,607
21Staten Island Aid for Retarded Children, Inc.$489,072
22One on One Physical Therapy Services, PLLC$481,760
23Todt Hill Pharmacy$472,440
24Seamen's Society for Children and Families$417,647
25RB Physical and Occupational Therapy, PLLC$343,495
26Person Centered Care Services, Inc.$315,474
27Staten Island Vision Eye Care, LLC$302,247
28Visiting Nurse Association Health Care Services, Inc.$281,652
29Priority One Ambulance, Inc.$241,878
30Hope Home Care, Inc.$238,354
31Sergey V. Bogdan PC, M.D.$225,841
32Ben Jevo Management, Inc.$209,739
33Joshua H Kanner PC, D.D.S.$205,313
34Mount Sinai School of Medicine of New York University$203,583
35Staten Island Nephrology, PC$199,286
36Integrity Social Work Services, LLC$193,730
37Spine and Pain Consultant, PLLC$178,722
38Cardiovascular Associates of Staten Island$170,853
39Richmond Cancer and Blood Disorders, P.C.$170,026
40Consultants in Urology, PC$162,438
41R Mostafavi Ophthamologist PC, M.D.$154,465
42Gerstenfeld and Gerstenfeld PC, M.D.$154,276
43Vincent Giovinazzo$153,414
44Lakeside Manor Home for Adults, Inc.$147,762
45Happy Island Senior Center, LLC$147,125
46Community Health Center of Richmond, Inc.$146,225
47Staten Island Pulmonary Association, PC$143,037
48Primary Care Ambulance Corporation$142,401
49Barakat PT, PC$142,331
50Skin Cancer and Aesthetic Surgery, P.C.$140,841

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