Florida micro-market
Healthcare practice financing in Lake Wales, Florida
Direct answer
213 healthcare providers hold a Lake Wales practice address, 119.7 per 10,000 of its 17,798 residents, 23 percent of them in physical, occupational, and speech therapy. Polk County recorded 14 SBA healthcare approvals worth $12,277,000, and Lakeland-Winter Haven, FL sits 24 miles out.
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- Population: 17,798 residents (10K-25K band)1
- Healthcare providers registered here: 213 across 23 fields2
- Median household income: $55,7993
- Largest provider field: Physical, occupational, and speech therapy: 50 registered providers2
- Medicare-certified providers in town: 2 across 1 categories4
- Nearest metro: Lakeland-Winter Haven, FL, 24 miles1
The provider census in Lake Wales
213 providers across 23 fields, 119.7 per 10,000 residents, counted at Lake Wales addresses in the NPPES monthly file
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 50 | 28.1 | NPPES [2] |
| Specialty physician groups | 25 | 14.0 | NPPES [2] |
| Primary care and family medicine | 23 | 12.9 | NPPES [2] |
| General dentistry | 19 | 10.7 | NPPES [2] |
| Chiropractic | 12 | 6.7 | NPPES [2] |
| Optometry and ophthalmology | 12 | 6.7 | NPPES [2] |
| Non-medical home care | 11 | 6.2 | NPPES [2] |
| Home health | 8 | 4.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 8 | 4.5 | NPPES [2] |
| Dermatology | 7 | 3.9 | NPPES [2] |
| Independent pharmacy | 7 | 3.9 | NPPES [2] |
| ABA and autism therapy | 6 | 3.4 | NPPES [2] |
| DME and HME suppliers | 5 | 2.8 | NPPES [2] |
| Behavioral and mental health group practices | 4 | 2.2 | NPPES [2] |
| Urgent care | 3 | 1.7 | NPPES [2] |
| Telehealth and virtual clinics | 3 | 1.7 | NPPES [2] |
| Occupational health and drug testing | 3 | 1.7 | NPPES [2] |
| Dialysis and infusion centers | 2 | 1.1 | NPPES [2] |
| Podiatry | 1 | 0.6 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.6 | NPPES [2] |
| Clinical research sites | 1 | 0.6 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.6 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 7 | CMS [4] | |
| Dialysis facilities | 2 | CMS [4] |
Physical, occupational, and speech therapy carries 50 of the 213 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Loan activity in Polk County
Lenders in Polk County have already closed 14 healthcare approvals, averaging $876,929, which is the size a new file gets read beside
| What it measures | Value | How to read it |
|---|---|---|
| SBA healthcare approvals | 14 | One published fiscal year, healthcare borrowers only [5] |
| Approved dollars | $12,277,000 | Approved, not disbursed, and not net of withdrawals [5] |
| Average approval | $876,929 | A mean, so one large approval moves it [5] |
| Lending establishments in the county | 254 | Credit intermediation offices sited in the county [6] |
The consequence of these numbers
The ratio that matters up front is 119.7 per 10,000, which decides whether a ramp schedule reads as conservative. A request measured against 14 prior Polk County approvals is priced on precedent, which shortens the questions about valuation. A $55,799 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
Ranked from the 23 fields that actually practice in Lake Wales, weighted toward physical, occupational, and speech therapy. Availability still depends on Florida and on the funding partner.
What a funder reads first in Lake Wales
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, specialty physician groups, primary care and family medicine
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (50) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (25) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Primary care and family medicine (23) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
Counts in the first column are Lake Wales providers from NPPES. The other two columns describe how funders read that field across markets like Lake Wales, not what any funder will do with your file.
Lake Wales against nearby Florida markets
The neighboring markets below are the ones a valuation borrows from when Lake Wales has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Lake Wales (current) | 17,798 | 213 | 119.7 | |
| Bartow | 22,084 | 187 | 84.7 | 14 |
| Davenport | 16,764 | 347 | 207.0 | 17 |
| Auburndale | 20,659 | 88 | 42.6 | 18 |
| Avon Park | 10,415 | 92 | 88.3 | 24 |
| St. Cloud | 71,036 | 15 | 2.1 | 29 |
| Sebring | 11,795 | 503 | 426.5 | 32 |
How Lake Wales sits against the nearest metro
Distance to Lakeland-Winter Haven, FL is 24 miles. Appraisers borrow Lakeland-Winter Haven, FL rents, and the 17,798 residents set the ceiling on collections. Median household income runs $55,799, which is the number a funder converts into case acceptance on anything elective or cash-pay. Hospital coverage inside Lake Wales means a call schedule can be evidenced rather than described. A college in Lake Wales puts a term-shaped curve into monthly collections.
Other Florida markets
Lake Wales owners, answered
01How many providers practice in Lake Wales, and in what?
NPPES lists 213 providers at a Lake Wales practice address, 119.7 per 10,000 residents across 23 tracked fields. Physical, occupational, and speech therapy accounts for 50 of them, 23 percent of the total, with specialty physician groups next at 25. Read that as clinicians: 213 enumerations, not 213 owners.
02What does Polk County's shortage designation change?
Polk County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Lake Wales can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03How does the hospital in Lake Wales affect a practice file?
It makes the staffing and referral lines checkable. 2 Medicare-certified providers hold Lake Wales addresses, and the hospital sets the wage a clinical hire is bid against in a 119.7 per 10,000 market.
04Which fields carry the volume in Lake Wales?
The 23 enumerated fields are led by physical, occupational, and speech therapy at 50, with specialty physician groups at 25 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
05Is Lake Wales underwritten as part of Lakeland-Winter Haven, FL?
Comparables and demand split at 24 miles. An appraiser prices the lease and the equipment off Lakeland-Winter Haven, FL; the revenue line has to hold up against 17,798 local residents.
06Is there local lending capacity in Polk County?
County Business Patterns records 254 credit intermediation establishments in Polk County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Lake Wales rents and resale before or by somebody working from a screen.
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
Our team reviews every request within 1 business day. If a funding partner thinks they can help, a specialist from that partner contacts you to discuss next steps.