Florida micro-market
Healthcare practice financing in Palmetto, Florida
Direct answer
13,682 residents, 230 enumerated clinicians, 168.1 per 10,000, 37 percent of them in physical, occupational, and speech therapy: that is the Palmetto market a funder prices. Manatee County adds 13 healthcare approvals worth $6,101,500 and 31 miles of distance to Tampa-St. Petersburg-Clearwater, FL.
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 Florida, and how many partners see it, is set out on the Florida page.
- Population: 13,682 residents (10K-25K band)1
- Healthcare providers registered here: 230 across 23 fields2
- Median household income: $61,5383
- Largest provider field: Physical, occupational, and speech therapy: 85 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Tampa-St. Petersburg-Clearwater, FL, 31 miles1
What NPPES records at Palmetto addresses
The NPPES file puts 230 enumerated clinicians inside Palmetto, spread over 23 fields at 168.1 per 10,000 residents
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 85 | 62.1 | NPPES [2] |
| Primary care and family medicine | 26 | 19.0 | NPPES [2] |
| Chiropractic | 18 | 13.2 | NPPES [2] |
| Home health | 14 | 10.2 | NPPES [2] |
| Specialty physician groups | 14 | 10.2 | NPPES [2] |
| General dentistry | 10 | 7.3 | NPPES [2] |
| Non-medical home care | 10 | 7.3 | NPPES [2] |
| Independent pharmacy | 7 | 5.1 | NPPES [2] |
| Optometry and ophthalmology | 7 | 5.1 | NPPES [2] |
| ABA and autism therapy | 6 | 4.4 | NPPES [2] |
| Behavioral and mental health group practices | 6 | 4.4 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 6 | 4.4 | NPPES [2] |
| Med spa and aesthetics | 5 | 3.7 | NPPES [2] |
| DME and HME suppliers | 4 | 2.9 | NPPES [2] |
| Podiatry | 2 | 1.5 | NPPES [2] |
| Urgent care | 2 | 1.5 | NPPES [2] |
| Dental specialties | 2 | 1.5 | NPPES [2] |
| Dermatology | 1 | 0.7 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.7 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.7 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.7 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.7 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.7 | NPPES [2] |
| Medical equipment suppliers | 9 | CMS [4] | |
| Home health agencies | 1 | CMS [4] |
Several of the 85 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
The lending record behind Palmetto
13 healthcare approvals averaging $469,346 set the deal shape lenders in Manatee County have already underwritten
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 13 | Fiscal year published in the SBA file [5] |
| Total approved capital | $6,101,500 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $469,346 | Dollars divided by approvals [5] |
| Lenders sited in the county | 213 | Credit intermediation establishments, NAICS 522 [6] |
How this data lands in an underwriting decision
A file from here opens on 168.1 providers per 10,000 residents, and everything about volume follows from it. 13 approvals worth $6,101,500 in Manatee County means the size you are asking for has a local precedent to point at. With $61,538 as the median household income, the payer mix in a projection has to match what Palmetto households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Expansion, relocation, and build-out
- Medical receivables factoring
Ranked from the 23 fields that actually practice in Palmetto, weighted toward physical, occupational, and speech therapy. Availability still depends on Florida and on the funding partner.
The first pages of a Palmetto file
physical, occupational, and speech therapy, primary care and family medicine, chiropractic account for most of what is enumerated in Palmetto, so those are the files funders see from this town
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (85) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (26) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Chiropractic (18) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.
How Palmetto prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Palmetto has too few sales of its own
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Palmetto (current) | 13,682 | 230 | 168.1 | |
| Gulfport | 11,645 | 32 | 27.5 | 17 |
| Seminole | 19,395 | 407 | 209.8 | 25 |
| Safety Harbor | 16,972 | 171 | 100.8 | 34 |
| Oldsmar | 14,831 | 186 | 125.4 | 37 |
| Dunedin | 35,932 | 334 | 93.0 | 38 |
| Temple Terrace | 27,588 | 456 | 165.3 | 38 |
What the geography does to a Palmetto projection
31 miles separate Palmetto from Tampa-St. Petersburg-Clearwater, FL. Rent comparables cross that gap; patients mostly do not. At $61,538 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Referral flow comes from outside Palmetto, which a projection needs to state plainly.
Nearby Florida towns
- Gulfport 11,645 residents
- Seminole 19,395 residents
- Safety Harbor 16,972 residents
- Oldsmar 14,831 residents
- Dunedin 35,932 residents
- Temple Terrace 27,588 residents
Palmetto owners, answered
01How many providers practice in Palmetto, and in what?
Across 23 fields, Palmetto carries 230 enumerated clinicians, 168.1 per 10,000 of the 13,682 people living here. The concentration is in physical, occupational, and speech therapy, 85 of the total, then primary care and family medicine at 26. Count practices from that only with care.
02What does Manatee County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Manatee County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 13,682 residents gets past the question of who would take the job.
03Is Palmetto underwritten as part of Tampa-St. Petersburg-Clearwater, FL?
Partly. Tampa-St. Petersburg-Clearwater, FL is 31 miles out, so rent and equipment comparables travel in from there while patients still come from the 13,682 residents around Palmetto. Cost side metro, revenue side local.
04What does SBA lending look like around Palmetto?
$6,101,500 went to healthcare borrowers in Manatee County across 13 approvals, $469,346 on average. Deals near Palmetto get sized against that record before anything else.
05Is there local lending capacity in Manatee County?
County Business Patterns records 213 credit intermediation establishments in Manatee County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Palmetto rents and resale before or by somebody working from a screen.
06What does the underserved designation in Manatee County support?
Manatee County carries a medically underserved designation. It evidences unmet demand behind a capacity build, and it opens recruitment programs that make a staffing line in a projection easier to defend than local wage data alone would.
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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