Illinois micro-market
Healthcare practice financing in Godfrey, Illinois
Direct answer
A Godfrey file is read against 95 local clinicians, 53.9 for every 10,000 of its 17,610 residents, 33 percent of them in physical, occupational, and speech therapy, plus the 3 SBA healthcare approvals worth $3,358,000 already recorded in Madison County, 22 miles from St. Louis, MO-IL.
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 Illinois, and how many partners see it, is set out on the Illinois page.
- Population: 17,610 residents (10K-25K band)1
- Healthcare providers registered here: 95 across 18 fields2
- Median household income: $92,7463
- Largest provider field: Physical, occupational, and speech therapy: 31 registered providers2
- Nearest metro: St. Louis, MO-IL, 22 miles1
- Higher education: At least one degree-granting institution is based here4
What NPPES records at Godfrey addresses
95 providers across 18 fields, 53.9 per 10,000 residents, counted at Godfrey addresses in the NPPES monthly file
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 31 | 17.6 | NPPES [2] |
| Optometry and ophthalmology | 13 | 7.4 | NPPES [2] |
| Primary care and family medicine | 9 | 5.1 | NPPES [2] |
| General dentistry | 9 | 5.1 | NPPES [2] |
| Chiropractic | 8 | 4.5 | NPPES [2] |
| Dental specialties | 4 | 2.3 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 4 | 2.3 | NPPES [2] |
| Independent pharmacy | 3 | 1.7 | NPPES [2] |
| DME and HME suppliers | 2 | 1.1 | NPPES [2] |
| Audiology and hearing centers | 2 | 1.1 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.1 | NPPES [2] |
| Specialty physician groups | 2 | 1.1 | NPPES [2] |
| ABA and autism therapy | 1 | 0.6 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 1 | 0.6 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.6 | NPPES [2] |
| Behavioral and mental health group practices | 1 | 0.6 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 4 | CMS [5] |
A single Godfrey practice can hold more than one of these numbers. 33 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
Madison County approvals, dollars, and lending establishments
With 3 healthcare approvals recorded, Madison County gives a valuation almost nothing local to lean on
| Line | Amount | Reading and source |
|---|---|---|
| Approvals on record | 3 | One published fiscal year, healthcare borrowers only [6] |
| Total approved capital | $3,358,000 | Approved, not disbursed, and not net of withdrawals [6] |
| Mean deal size | $1,119,333 | A mean, so one large approval moves it [6] |
| Lenders sited in the county | 165 | Credit intermediation offices sited in the county [7] |
What the two tables above change about a file
Underwriting starts with 53.9 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. With 3 approvals on record in Madison County, expect a longer appraisal and a wider collateral discount. With $92,746 as the median household income, the payer mix in a projection has to match what Godfrey households actually spend.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Expansion, relocation, and build-out
Weighted by how often each of the 18 local fields reaches for a program, not by what is easiest to refer. Illinois rules and the partner decide availability.
What a funder reads first in Godfrey
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, optometry and ophthalmology, primary care and family medicine
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (31) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Optometry and ophthalmology (13) | Exam volume and optical capture, Vision plan mix, Inventory turns | Cold start or acquisition |
| Primary care and family medicine (9) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
Column one counts Godfrey clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Godfrey file differently.
Density beside the neighboring Illinois towns
The neighboring markets below are the ones a valuation borrows from when Godfrey has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Godfrey (current) | 17,610 | 95 | 53.9 | |
| Alton | 24,967 | 637 | 255.1 | 5 |
| Wood River | 10,251 | 57 | 55.6 | 10 |
| Edwardsville | 26,715 | 277 | 103.7 | 17 |
| Glen Carbon | 13,883 | 187 | 134.7 | 19 |
| Collinsville | 23,766 | 166 | 69.8 | 22 |
| Troy | 11,810 | 73 | 61.8 | 24 |
What the geography does to a Godfrey projection
22 miles separate Godfrey from St. Louis, MO-IL. Lease pricing follows St. Louis, MO-IL, while revenue stays capped by the 17,610 residents here. Median household income runs $92,746, which is the number a funder converts into case acceptance on anything elective or cash-pay. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed. A college in Godfrey puts a term-shaped curve into monthly collections.
More of Illinois
- Alton 24,967 residents
- Wood River 10,251 residents
- Edwardsville 26,715 residents
- Glen Carbon 13,883 residents
- Collinsville 23,766 residents
- Troy 11,810 residents
What owners in Godfrey ask
01How many providers practice in Godfrey, and in what?
Across 18 fields, Godfrey carries 95 enumerated clinicians, 53.9 per 10,000 of the 17,610 people living here. The concentration is in physical, occupational, and speech therapy, 31 of the total, then optometry and ophthalmology at 13. Count practices from that only with care.
02Why does Madison County show so little SBA activity?
The published file records 3 7(a) and 504 approvals to healthcare borrowers in Madison County. That tracks how few Madison County practices changed hands that year, not credit quality. 165 credit intermediation establishments operate in Madison County, so the lending capacity is local even where the healthcare history is not.
03What does Madison County's shortage designation change?
HRSA designates Madison County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Godfrey and evidences a staffing ramp in a 17,610 resident market.
04How does the college here show up in the numbers?
Higher education here shapes the calendar more than the population figure suggests. The 17,610 resident count understates term-time demand and overstates it in July, and a lender that sees both months wants the reason.
05Which fields carry the volume in Godfrey?
The 18 enumerated fields are led by physical, occupational, and speech therapy at 31, with optometry and ophthalmology at 13 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
06Is Godfrey underwritten as part of St. Louis, MO-IL?
Comparables and demand split at 22 miles. An appraiser prices the lease and the equipment off St. Louis, MO-IL; the revenue line has to hold up against 17,610 local residents.
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
- 4U.S. Department of Education, IPEDS 2023 institutional directory
- 5CMS Care Compare provider datasets
- 6U.S. Small Business Administration, 7(a) and 504 approvals
- 7U.S. Census Bureau, County Business Patterns 2022
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