Illinois micro-market
Healthcare practice financing in Crest Hill, Illinois
Direct answer
126 healthcare providers hold a Crest Hill practice address, 62.3 per 10,000 of its 20,223 residents, 22 percent of them in physical, occupational, and speech therapy. Will County recorded 12 SBA healthcare approvals worth $7,005,500, and Chicago-Naperville-Elgin, IL-IN sits 29 miles out.
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- Population: 20,223 residents (10K-25K band)1
- Healthcare providers registered here: 126 across 22 fields2
- Median household income: $71,4083
- Largest provider field: Physical, occupational, and speech therapy: 28 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Chicago-Naperville-Elgin, IL-IN, 29 miles1
The provider census in Crest Hill
62.3 providers per 10,000 residents is what 126 enumerations across 22 fields works out to in a town of 20,223
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 28 | 13.8 | NPPES [2] |
| Chiropractic | 17 | 8.4 | NPPES [2] |
| General dentistry | 13 | 6.4 | NPPES [2] |
| Dermatology | 11 | 5.4 | NPPES [2] |
| Primary care and family medicine | 11 | 5.4 | NPPES [2] |
| Behavioral and mental health group practices | 8 | 4.0 | NPPES [2] |
| Specialty physician groups | 7 | 3.5 | NPPES [2] |
| Optometry and ophthalmology | 7 | 3.5 | NPPES [2] |
| Dental specialties | 4 | 2.0 | NPPES [2] |
| DME and HME suppliers | 3 | 1.5 | NPPES [2] |
| Podiatry | 2 | 1.0 | NPPES [2] |
| Imaging centers | 2 | 1.0 | NPPES [2] |
| ABA and autism therapy | 2 | 1.0 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 2 | 1.0 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 1.0 | NPPES [2] |
| Home health | 1 | 0.5 | NPPES [2] |
| Urgent care | 1 | 0.5 | NPPES [2] |
| SUD treatment and residential | 1 | 0.5 | NPPES [2] |
| Fertility and IVF | 1 | 0.5 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.5 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.5 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.5 | NPPES [2] |
| Home health agencies | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 28 of the 126 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Loan activity in Will County
12 healthcare approvals averaging $583,792 set the deal shape lenders in Will County have already underwritten
| What it measures | Value | How to read it |
|---|---|---|
| SBA healthcare approvals | 12 | Counted for the fiscal year the SBA publishes [5] |
| Approved dollars | $7,005,500 | Everything approved to healthcare borrowers, added up [5] |
| Average approval | $583,792 | The dollar column over the approval column [5] |
| Lending establishments in the county | 248 | Places that write credit locally, NAICS 522 [6] |
How this data lands in an underwriting decision
Underwriting starts with 62.3 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Because Will County already carries $7,005,500 across 12 healthcare approvals, a request near that average moves faster than one well above it. With $71,408 as the median household income, the payer mix in a projection has to match what Crest Hill 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
- Equipment financing and leasing
Weighted by how often each of the 22 local fields reaches for a program, not by what is easiest to refer. Illinois rules and the partner decide availability.
Underwriting by field in Crest Hill
physical, occupational, and speech therapy, chiropractic, general dentistry account for most of what is enumerated in Crest Hill, 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 (28) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (17) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| General dentistry (13) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Counts in the first column are Crest Hill providers from NPPES. The other two columns describe how funders read that field across markets like Crest Hill, not what any funder will do with your file.
How Crest Hill prices against its neighbors
Set Crest Hill's 62.3 per 10,000 against the towns an appraiser would reach for next
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Crest Hill (current) | 20,223 | 126 | 62.3 | |
| Lockport | 26,915 | 172 | 63.9 | 4 |
| Romeoville | 41,177 | 173 | 42.0 | 4 |
| Plainfield | 48,881 | 645 | 132.0 | 7 |
| Shorewood | 18,522 | 153 | 82.6 | 7 |
| Homer Glen | 24,852 | 165 | 66.4 | 9 |
| Lemont | 18,203 | 166 | 91.2 | 9 |
Distance, income, and the wage floor around Crest Hill
Distance to Chicago-Naperville-Elgin, IL-IN is 29 miles. That is close enough for rent in Crest Hill to be compared against the metro and far enough that patient draw is not. At $71,408 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from.
Nearby Illinois towns
- Lockport 26,915 residents
- Romeoville 41,177 residents
- Plainfield 48,881 residents
- Shorewood 18,522 residents
- Homer Glen 24,852 residents
- Lemont 18,203 residents
Questions from Crest Hill
01How many providers practice in Crest Hill, and in what?
Across 22 fields, Crest Hill carries 126 enumerated clinicians, 62.3 per 10,000 of the 20,223 people living here. The concentration is in physical, occupational, and speech therapy, 28 of the total, then chiropractic at 17. Count practices from that only with care.
02What does SBA lending look like around Crest Hill?
Healthcare borrowers in Will County took 12 approvals worth $7,005,500 in the published fiscal year, averaging $583,792. That is the comparable set an appraiser near Crest Hill reaches for first.
03What does Will County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Will County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 20,223 residents gets past the question of who would take the job.
04Which fields carry the volume in Crest Hill?
Physical, occupational, and speech therapy at 28 providers and chiropractic at 17 lead the 22 fields enumerated here. A funder reads that mix as the local competition set and the local hiring pool at once, before it reads a single line of your own numbers.
05Is Crest Hill underwritten as part of Chicago-Naperville-Elgin, IL-IN?
Comparables and demand split at 29 miles. An appraiser prices the lease and the equipment off Chicago-Naperville-Elgin, IL-IN; the revenue line has to hold up against 20,223 local residents.
06How many Medicare-certified providers are based in Crest Hill?
The town carries 1 Medicare-certified providers. On a receivables request that number sets the expected collection lag, which is priced before anything about the practice itself is read.
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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