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Friday, November 22, 2024

HHS provides $18.4 million to businesses in Melrose Park under CARES Act

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Through the fourth quarter of 2020, businesses in Melrose Park received $18.4 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 Illinois received $5.2 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 Advocate Health and Hospitals Corporation with a total of $316 million. The average loan size in the city was $321,981 while the state's average loan amount was $335,543.

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
1Gottlieb Memorial Hospital$16,458,640
2Loyola Medicine Transport, LLC$477,767
3Chicago Cardiology Institute School$371,966
4Healogics Specialty Physicians of Illinois, LLC$104,464
5Tennenbaum and Anstadt, Ltd.$94,427
6Rheumatology Specialist, PC$94,391
7Leonard Dubin LLC, M.D.$63,856
8Wilma, Ltd.$59,823
9Clinical Cardiology Consultants, S. C.$53,790
10Moore Dermatology Sc$52,634
11Neurology Clinical Neurophysiology and Sleep Medicine, PC$47,297
12Midwest Nephrology & Internal Medicine Associates Corporation$32,590
13Tracy Campbell LLC, M.D.$31,212
14Weltzer-Maite, P.C.$27,991
15RTP Sports Medicine and Physical Therapy, LLC$22,568
16Shobhana Patodia$21,448
17Nirmal Patodia$17,932
18Encompass Physicians, LLC$17,746
19Midwest Medical Associates, LLC$17,031
20Roya Family Medical Center$16,340
21Laura M Cozzi PC, M.D.$15,538
22Spaccapaniccia Podiatry PC, Ltd.$14,266
23Khalil Y Karim, School, M.D.$12,808
24Richard S Goldberg Ltd., M.D.$12,477
25Rodney Schainis LLC, M.D.$12,174
26Anthony J Martino, School, M.D.$11,582
27Village of Melrose Park$11,335
28Demorest Consutants, LLC$10,850
29Behrooz Eshaghy, School, M.D.$10,603
30Broadway Medical Center$10,012
31James F Koop LLC, M.D.$9,097
32Midwest Neurological Associates, Ltd.$8,767
33Dimoulis Dental, PC$8,530
34DR. Isabel C. Suastegui Mursuli, Ltd.$8,465
35Rafath Rasheed Mdsc$8,451
36Sinha S. Chunduri Mdsc$8,242
37Westlake Emergency Room Providers Sc$7,989
38Primecare Nephrology & Hypertension School Corporation$7,944
39Diabetes and Internal Medicine of Illinois, Inc.$7,816
40Helene M. Ruiz-Pla School, M.D.$7,737
41Manuel Cesar Iglesias School, M.D.$7,410
42Dawn R Hackel PC, D.P.M.$7,199
43EDM Consultant Services, Ltd.$7,078
44M. Z. Sait, Ltd., M.D.$7,057
45Robert H Geller School, M.D.$6,582
46Fred J. Marchese, Ltd., D.D.S.$5,812
47Raymond McDonald$5,602
48Vital Signs Management, LLC$4,510
49Specialized Podiatry, LLC$4,420
50Mohammad Gafoor$3,307

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