Alabama micro-market
Healthcare practice financing in Troy, Alabama
Direct answer
17,734 residents, 154 enumerated clinicians, 86.8 per 10,000, 16 percent of them in aba and autism therapy: that is the Troy market a funder prices. Pike County adds 0 healthcare approvals worth $0 and 42 miles of distance to Montgomery, AL.
A location page indicates that Practition Finance is taking clients in that market. It does not represent a physical office, storefront, or licensed presence in that city or state. All services are delivered remotely by our US-based team. How a referral works in Alabama, and how many partners see it, is set out on the Alabama page.
- Population: 17,734 residents (10K-25K band)1
- Healthcare providers registered here: 154 across 24 fields2
- Median household income: $47,5953
- Largest provider field: ABA and autism therapy: 25 registered providers2
- Medicare-certified providers in town: 4 across 3 categories4
- Nearest metro: Montgomery, AL, 42 miles1
What NPPES records at Troy addresses
The NPPES file puts 154 enumerated clinicians inside Troy, spread over 24 fields at 86.8 per 10,000 residents
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| ABA and autism therapy | 25 | 14.1 | NPPES [2] |
| Primary care and family medicine | 19 | 10.7 | NPPES [2] |
| Behavioral and mental health group practices | 18 | 10.1 | NPPES [2] |
| Physical, occupational, and speech therapy | 13 | 7.3 | NPPES [2] |
| Home health | 12 | 6.8 | NPPES [2] |
| DME and HME suppliers | 10 | 5.6 | NPPES [2] |
| Optometry and ophthalmology | 10 | 5.6 | NPPES [2] |
| Chiropractic | 8 | 4.5 | NPPES [2] |
| General dentistry | 7 | 3.9 | NPPES [2] |
| Independent pharmacy | 6 | 3.4 | NPPES [2] |
| Specialty physician groups | 5 | 2.8 | NPPES [2] |
| Occupational health and drug testing | 3 | 1.7 | NPPES [2] |
| Dental specialties | 2 | 1.1 | NPPES [2] |
| NEMT and ambulance | 2 | 1.1 | NPPES [2] |
| Non-medical home care | 2 | 1.1 | NPPES [2] |
| Hospice and palliative | 2 | 1.1 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.1 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 1.1 | NPPES [2] |
| Sleep centers | 1 | 0.6 | NPPES [2] |
| Imaging centers | 1 | 0.6 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.6 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.6 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Home health agencies | 2 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 25 aba and autism therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Pike County
0 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 0 | One published fiscal year, healthcare borrowers only [5] |
| Total approved capital | $0 | Approved, not disbursed, and not net of withdrawals [5] |
| Mean deal size | No approvals recorded | A mean, so one large approval moves it [5] |
| Lenders sited in the county | 31 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
A file from here opens on 86.8 providers per 10,000 residents, and everything about volume follows from it. A short county record of 0 approvals usually means more documentation and a lower advance against the same collateral. Household income of $47,595 in Troy is the number a lender uses to sanity check the self-pay share of a revenue projection.
The programs this provider mix points at
- Working capital term loan
- Practice acquisition
- Medical receivables factoring
- Expansion, relocation, and build-out
- Equipment financing and leasing
Weighted by how often each of the 24 local fields reaches for a program, not by what is easiest to refer. Alabama rules and the partner decide availability.
Underwriting by field in Troy
What a funder opens first depends on the field. In Troy that means aba and autism therapy, primary care and family medicine, behavioral and mental health group practices.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| ABA and autism therapy (25) | Authorized hours against delivered hours, Payer mix stability, Billing compliance history | Working capital against authorization and billing lag |
| Primary care and family medicine (19) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Behavioral and mental health group practices (18) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
Column one counts Troy clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Troy file differently.
How Troy prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Troy has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Troy (current) | 17,734 | 154 | 86.8 | |
| Ozark | 14,368 | 149 | 103.7 | 31 |
| Enterprise | 30,731 | 228 | 74.2 | 34 |
| Pike Road | 11,500 | 34 | 29.6 | 34 |
| Eufaula | 12,363 | 76 | 61.5 | 48 |
| Dothan | 71,650 | 915 | 127.7 | 51 |
| Prattville | 40,139 | 281 | 70.0 | 53 |
How Troy sits against the nearest metro
42 miles separate Troy from Montgomery, AL. Rent comparables cross that gap; patients mostly do not. Households here carry $47,595 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. Wages here are anchored by the Medicare-certified hospital in town, which is what a staffing line gets measured against. Campus terms, not calendar quarters, set the busy months in Troy. Troy is the Pike County seat, so county employment steadies the payer mix.
More of Alabama
- Ozark 14,368 residents
- Enterprise 30,731 residents
- Pike Road 11,500 residents
- Eufaula 12,363 residents
- Dothan 71,650 residents
- Prattville 40,139 residents
What owners in Troy ask
01How many providers practice in Troy, and in what?
154 enumerations sit at Troy addresses in the monthly NPPES file, working out to 86.8 for every 10,000 residents. 16 percent of them are aba and autism therapy, and primary care and family medicine follows with 19. An enumeration is a clinician, so the 154 here cover fewer than 154 practices.
02Why does Pike County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Pike County. That tracks how few Pike County practices changed hands that year, not credit quality. 31 credit intermediation establishments operate in Pike County, so the lending capacity is local even where the healthcare history is not.
03What does Pike County's shortage designation change?
Pike County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Troy can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
04How does the hospital in Troy affect a practice file?
It makes the staffing and referral lines checkable. 4 Medicare-certified providers hold Troy addresses, and the hospital sets the wage a clinical hire is bid against in a 86.8 per 10,000 market.
05What does a $47,595 median income mean for case acceptance?
Median household income in Troy runs $47,595. On elective and cash-pay work that is the number a funder converts into case acceptance, and it sets how much of a treatment plan a projection can assume gets started rather than deferred.
06Which fields carry the volume in Troy?
Volume concentrates in aba and autism therapy, 25 of them, ahead of primary care and family medicine at 19, across 24 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
Sources
- 1U.S. Census Bureau, Population Estimates, vintage 2024
- 2CMS NPPES, monthly full replacement file
- 3U.S. Census Bureau, ACS 5-year 2023, table B19013
- 4CMS Care Compare provider datasets
- 5U.S. Small Business Administration, 7(a) and 504 approvals
- 6U.S. Census Bureau, County Business Patterns 2022
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