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Shenango Valley News

Wednesday, December 4, 2024

HHS provides $4.9 million to businesses in Hermitage under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Hermitage received $4.9 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 Pennsylvania received $4.5 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 Temple University Hospital, Inc. with a total of $166.8 million. The average loan size in the city was $75,713 while the state's average loan amount was $292,417.

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
1Mount Nittany Medical Center Health Services, Inc.$1,157,698
2Nugent Convalescent Home, Inc.$679,759
3Saint John XXIII Home$656,741
4Fresenius Medical Care Youngstown, LLC$645,952
5Triad Health Services, LLC$419,464
6Specialty Orthopaedics, PC$328,863
7Hospitality Care Center of Hermitage, Inc.$233,982
8Sharon Home Care Services, LLC$163,440
9Robert L Stein PC, D.O.$64,165
10Lynn a. Colaiacovo, P. C., M.D.$53,433
11Diagnostic Imaging Consultants, Inc.$49,256
12Joseph J Conti Ltd., D.O.$35,496
13Family First Swiftcare, LLC$34,140
14Hermitage Neurology, PC$29,897
15Hermitage Orthopedics and Sports Medicine, PC$28,970
16Penn Ohio Rehabilitation, PC$28,780
17Thomas Family Dentistry, P.C.$25,368
18Pain, Spine, Aesthetic and Wellness Center, PC.$25,200
19Joseph R. Ladner, MS, Inc., D.M.D.$24,486
20Crago Family Medicine, PC$19,968
21Valeri L Roth D O, P C$17,196
22Neil G Callahan PC, OD$15,396
23Capable Kids, LLC$14,132
24Rsrosati Dental Corp$13,954
25Brian Szabo, PC, D.P.M.$13,239
26Todd C Alexander, LLC, D.M.D.$12,490
27Shenango Valley Orthodontics$12,310
28Sharon Optical, Inc.$9,855
292213 Shenango Valley Freeway$9,566
30Joseph Kalik$9,440
31Joseph Joseph$9,075
32Roscoe Physiotherapy Co.$8,073
33Mary Ann Palitti, D.M.D.$7,204
34Fred Gallo P. Phd$6,681
35S Jerome Schnall, D.P.M.$6,562
36Christopher J Nagle PC, D.P.M.$6,333
37Stigliano Family Practice, PC$6,062
38Rebecca M. Hanigosky, D.O.$5,191
39Michael D Rairigh, au. D, PLLC$3,223
40Valley Foot and Ankle Center$2,921
41Davis Counseling Services$2,860
42Albert Scott$2,683
43Theresa Horstman$2,335
44Hermitage 1, LLC$2,320
45Barry Morris$2,287
46Mastrian Eyecare, LLC$2,058
47Materna Psychological Services, PC$1,471
48Jeanette Murray-Hall Counseling, Inc.$1,466
49Michael E Abdul-Malak, LLC, M.D.$1,431
50Principled Chiropractic, LLC$1,122

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