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Suffolk Reporter

Sunday, September 22, 2024

HHS provides $48.1 million to businesses in Smithtown under CARES Act

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Through the fourth quarter of 2020, businesses in Smithtown received $48.1 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 $281,228 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
1St. Catherine of Siena Medical Center$40,258,987
2Optima Care Smithtown, LLC$2,341,276
3Smithtown Health Care Management$1,414,854
4Suffolk Anesthesiology Associates, P.C.$570,599
5Millennium Medical Professionals, PLLC$249,616
6DR Donna a Serure, Dermatology & Cosmetic Laser Surgery, PC$242,859
7North Shore Surgi-Center, Inc.$205,072
8DR. Michael Kaplan PC, D.O.$157,128
9Mcclain Laboratories, LLC$128,633
10Richard J Klein, PC, D.D.S.$125,062
11Personal Woman's Care Medical Services, P.C.$117,724
12Premiere Cardiology, PLLC$108,483
13Endocrine Associates of Long Island, PC$90,585
14DR Marc Allen Medical, PC$83,373
15Long Island Weight Loss Institute$82,704
16Smithtown Medical Specialists, PC$80,071
17John Labiak PC, M.D.$69,237
18Infectious Disease Medical Practice of NY, LLC$67,041
19Office Based Anesthesia, LLC$65,904
20Brian Margolis and Anthony Spadaro, M. D. LLP, M.D.$63,754
21Marjorie C. Ravitz PC, D.P.M.$58,558
22Shahram Hormozi, P. C., M.D.$57,792
23Justin Mirza PC, D.O.$48,866
24Nirav Patel Medical, PC$48,523
25TMSS Pharmaceutical, Inc.$47,294
26North Shore Psychiatric Consultants, PC$38,963
27Energize Home Physical Therapy, PLLC$38,259
28NY Physical Therapy & Wellness, LLC$37,962
29North Shore Digestive Medicine, PC$36,787
30Dermedx Dermatology, PC$35,935
31Kalter Physical Medicine & Rehabilitation, PC$35,837
32Gary K Rachlin PLLC, D.O.$34,353
33Physicians Private Practice, PLLC$32,079
34Joel King, M.D.$31,773
35Long Island Elder Care LCSW, PLLC$31,723
36David S Wiener PC, D.D.S.$30,251
37Bizeta Medical Office, PC$28,383
38Mitchell Shapiro PC, D.D.S.$27,105
39Keith S Fisher, D.D.S.$25,994
40Mark Tan PC, M.D.$25,300
41Costa Physical Therapy, P.C.$24,588
42Island Interventional Pain Management, PLLC$24,349
43Rakesh B. Patel, Physician, PC$23,810
44New York Spine Care Medical, PC$23,500
45Muhammad Khan$23,215
46Long Island Chiropractic & Physical Therapy, PLLC$22,182
47Michael Kampourakis PC, D.D.S.$21,634
48Optimum Care Family Medicine, LLC$21,542
49Harry Z Hoffer PC, D.D.S.$21,394
50Middle Country Endocrinology, PC$21,101

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