Quantcast

Bridgeport Times

Sunday, September 22, 2024

HHS provides $72.3 million to businesses in Bridgeport under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Bridgeport received $72.3 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 Connecticut received $1.5 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 Hartford Hospital with a total of $98.3 million. The average loan size in the city was $675,538 while the state's average loan amount was $267,289.

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
1SVMC Holdings, Inc.$47,377,836
2Northeast Medical Group, Inc.$16,085,011
3Jewish Home for the Elderly of Fairfield County Incorporated$2,296,342
4St. Vincent's Multispecialty Group$1,360,556
5Northbridge Health Care Center, Inc.$999,803
6Visiting Nurse Services of Connecticut, Inc.$987,066
7CT Watermark 3030, LLC$533,050
8Oncology Hematology Care of Connecticut, LLC$217,174
9Nephrology Associates, PC$143,127
10Quentin Medical Group, LLC$137,614
11Optimus Health Care, Inc.$123,209
12The Surgical Center of Connecticut, LLC$113,093
13Main Street Pharmacy 3, LLC$112,516
14Frank J. Romano$112,288
15Hospitalist Medicine Physicians of Connecticut, LLC$99,284
16Oral Surgery Associates, LLC$94,012
17SPH Bridgeport, LLC$80,457
18Joao Nascimento LLC, M.D.$80,369
19South-West Community Health Center$73,371
20New Era Rehabilitation Center, Inc.$66,814
21Bridgeport Health Care Center, Inc.$61,018
22Vision Center Associates, LLC$55,553
23Unity Pharmacy II, LLC$52,118
24Dejesus Dental Group, LLC$51,993
25Monitor My Health, Inc.$51,459
26Eye Group of Connecticut, LLC$51,082
27Moss and Maiocco LLC, M.D.$48,320
28Connecticut Dental Group, Inc.$46,080
29Doctors Frankel and Hoo, LLC$45,735
30Core Physical Therapy & SPTS Med, PC$40,954
31Bridgeport-Monroe Pediatric Group$36,945
32The Child and Family Guidance Center, Inc.$34,055
33Long Ridge Dental, LLC$33,572
34Brooklawn Dental Associates, PC$29,769
35Family Dentistry of Bridgeport$28,495
36Children's Dental Associates$25,019
37MGM Family Dental, LLC$24,860
38Jose E Madera PC, D.D.S.$23,110
39Associates in Dermatology, LLC$22,095
40Pulmonary and INT. Med. Of Fairfield CTY$21,594
41North Avenue Advanced Dental Center$21,154
42DR. Dental of Bridgeport, PC$21,034
43All Kids Dental, LLC$20,645
44Family Foot & Ankle Specialists, LLC$18,577
45Jeffrey Small$16,298
46Manjoney and Manjoney, LLC$16,004
47Downtown Dental, P.C.$15,375
48Edward Kozinn, D.M.D.$14,870
49Sheikh Yousuf Ali$13,703
50Infectious Disease Specialists of Connecticut, LLC$13,616

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS