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Thursday, November 7, 2024

HHS provides $7.6 million to businesses in Royal Oak under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Royal Oak received $7.6 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 Michigan received $3.2 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 Henry Ford Health System with a total of $225.1 million. The average loan size in the city was $47,361 while the state's average loan amount was $235,069.

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
1Cap Diagnostics, LLC$1,373,361
2Independent Emergency Physicians, P.C.$832,273
3Diversified Rehab Services, LLC$763,846
4Cancer Care Associates, PC$674,769
5Detroit Optical Co$333,120
6Allergy & Asthma Associates of MI, PC$327,874
7Oakland Gastroenterology Associates, P.C.$285,756
8Royal Oak Surgical Center, LLC$256,056
9ZMC Pharmacy, LLC$200,203
10Michigan Eye Care Provider, PLLC$175,459
11Progressive Lifestyles, Inc.$168,892
12Royal Oak Surgical Associates$132,868
13Megan S. Oxley$117,298
14Orthokinect$97,661
15Hartrick Family Dentistry, PC$88,537
16North Oaks Dental, PLLC$83,456
17Community Homes$81,294
18Kidney Specialists of Michigan$59,046
19Jerry Dancik$56,331
20Zawaideh Medical Center, PC$54,847
21Clinical Connect Laboratories, LLC$53,874
22Dynamic Care Pharmacy, LLC$53,764
23M a Munir PC, M.D.$53,381
24Oakland Medical Services, PC$50,383
25Cardiology Consultants of Michigan, PC$47,627
26Great Lakes Dental Group, PLLC$42,986
27Physicians Home Health, P.C.$40,565
28Sam Ajluni, PLLC, M.D.$39,345
29Carl M. Karoub P. C., M.D.$38,044
30Alan W Solway PC, M.D.$37,862
31Premier Physicians Care, PLLC$36,399
32Renal Consultant, PC$33,234
33Petrous Orthodontics, PC$31,729
34Darryl T Goldberg PC, M.D.$31,128
35Hetal Patel PC, M.D.$29,980
36David L Manzo PC, M.D.$28,951
37City of Royal Oak$28,509
38Woodward Gastroenterology, PC$27,171
39Pankaj Hukku PC, M.D.$26,729
40Royal Oak Foot & Ankle, PC$24,984
41Maggie Silvasi, PLLC, D.D.S.$22,928
42Anil K Gupta M D, PLC$20,900
42Southeast Michigan Neurosurgery, PLLC$20,900
42DCP of Michigan Troy, P.C.$20,900
45Harry Wasvary, PC, M.D.$20,582
46Birmingham Royal Oak Medical Group$19,592
47Nathan R Martzke PLLC, D.D.S.$19,181
48Denise Acierno$17,890
49Senior Visits, LLC$17,845
50Sucharitha Chalasani, PC, D.M.D.$17,772

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