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Monday, September 23, 2024

HHS provides $29.2 million to businesses in Olney under CARES Act

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Through the fourth quarter of 2020, businesses in Olney received $29.2 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 Maryland received $2 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 The Johns Hopkins Hospital with a total of $126.6 million. The average loan size in the city was $417,240 while the state's average loan amount was $241,470.

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
1Montgomery General Hospital, Inc.$22,988,338
2MGMC, LLC$3,083,923
3Katzen Medical Associates, PC$1,020,973
4Medstar Good Samaritan Physicians, LLC$256,838
5NRH Regional Rehab at Olney, Inc.$137,291
6Medstar Harbor Hospital Physicians, LLC$127,442
7David L. Higgins PC, M.D.$125,542
8Affiliated Oral and Maxillofacial Surgeons of Maryland$101,144
9Family Foot & Ankle Associates of Maryland, P. A.$96,852
10Winter Growth, Inc.$80,856
11Cattail River Hematology & Oncology, Inc.$70,288
12Columbia Orthopaedic ASC LLC, M.D.$69,329
13Gastro Center of Maryland, LLC$65,577
14Neal F. Hoyson$62,445
15Rahel G. Yirga PC, M.D.$61,314
16Mosaddegh Physical Therapy, Inc.$60,291
17Olney Pediatrics Pa$52,613
18Nadia Kamangar II LLC, D.D.S.$45,661
19Olney Endodontics P.A.$40,572
20Fayaz a. Shawl, PA, M.D.$38,273
21Henry Lee PA, D.D.S.$38,077
22Motamedi and Associates Internal Medicine, PC$34,455
23Deborah Y. Kim, P. A., D.D.S.$34,375
24Neil R. Ohora, D.P.M.$33,529
25David Eskow PC, D.D.S.$27,328
26Paula E Bourelly Associates LLC, M.D.$24,417
27David Plotkin$22,812
28Elham Amini PC, D.D.S.$22,794
29Medical and Wellness Center of Olney$21,702
30Olney Pain Center, LLC$21,418
31Kevin R Doring LLC, D.D.S.$20,960
32Moss Chiropractic, LLC$20,672
33Anis Tebyanian M.D. PA., D.M.D.$20,476
34TMS Neurohealth Centers, Greenbelt, LLC$19,909
35Eric Levine PA, D.D.S.$19,894
36Isabella C Martire PA, M.D.$19,629
37Rock Physical Therapy Associates, PC$18,479
38Olney Medical Group, LLC$18,417
39Peter Sherer$16,811
40Olney Medical Associates$16,248
41Mitchell A. Lomke$15,254
42Gievers-Zuniga Foot & Ankle Center$14,682
43Dan Eisenberg and Associates PC, D.D.S.$14,415
44Phillip W Stone LLC, M.D.$13,847
45Maryland Retina Institute, LLC$11,594
46Marc Kozam$10,227
47Oliver Lawless$8,925
48John R. Ring Dc Pa$7,730
49Emily Sue Browning$7,316
50Intrepid Anesthesia Associates Corporation$6,701

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