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Friday, November 22, 2024

HHS provides $20.9 million to businesses in Marina del Rey under CARES Act

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Through the fourth quarter of 2020, businesses in Marina del Rey received $20.9 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 California received $8.6 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 County of Los Angeles with a total of $315.4 million. The average loan size in the city was $282,671 while the state's average loan amount was $175,782.

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
1CFHS Holdings, Inc.$13,639,562
2Regal Medical Group, Inc.$2,349,604
3Physiotherapy Associates, Inc.$1,588,246
4Waunakee Operations, LLC$613,295
5Prostate Oncology Specialists, Inc.$370,992
6Lakeside Medical Organization, a Med Group$320,455
7Sun Prairie Healthcare Operations, LLC$246,196
8Caring Like Family Incorporated$148,191
9Caring Like Family Hospice$122,028
10Centinela Radiology Medical Group$103,438
11Wound Pros$101,373
12Regents University of California Los Angeles$95,177
13Farhad Sigari, Facs, PC, M.D.$88,056
14Centinela Hospitalist Medical Group, Inc.$86,640
15John Joseph Pack, M.D.$72,031
16High Desert Medical Corporation$66,097
17Ambulatory Anesthesia Associates, Inc.$63,020
18Double Black Business Ventures, LLC$61,573
19Michael S Capio, Inc., D.D.S.$58,504
20Lasermd Pain Relief$54,049
21Beverly Hills Medical Corporation$53,606
22Dr. Jamie Lipeles A. Apmc$48,446
23Alan C Newman Inc., D.D.S.$42,063
24Mohdsameer Aljanedi Professional Dental Corporat$36,000
25Ramin D Partovy a Professional Corporation, D.D.S.$32,778
26Helen Sanderson Inc., D.D.S.$31,631
27Robert Giombetti$30,084
28Mario E. Paz, M. S., Inc., D.D.S.$26,038
29Natalia Homyak, Inc., D.D.S.$25,958
30Akash Bajaj Inc. a California Professional Medical Corporation, M.D.$25,134
31Watkins Spine, Inc.$22,846
32Louis James Volpicelli Inc., M.D.$20,451
33Rojeh Melikian Inc., M.D.$19,919
34Heather Winther Inc., D.D.S.$19,746
35Bakersfield Family Medical Group, Inc.$19,665
36Michael J. Payne, II, Inc., D.D.S.$19,060
37Occupational Orthopedic Medical Group$18,740
38Kobayashi Optometric, Inc.$18,142
39Grant D. Shifflett, Inc., M.D.$15,772
40Wang Anesthesia Nursing Management, Inc.$12,270
41Jeffrey Michael Colbert, M.D.$10,903
42Gratto Aquatic Rehab$10,861
43YEO Family Dental Group$10,367
44Azita Rayet, Dental Corporation, D.D.S.$10,297
45Saba Dental Group$8,922
46West Coast Neuro$7,387
47James F Keefe M D, Inc.$7,187
48Katrina M Vlachos M D, Inc.$6,735
49George T Cyril Inc., M.D.$6,654
50Daniel Marcus, Inc., M.D.$6,324

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