Illinois micro-market
Healthcare practice financing in Herrin, Illinois
Direct answer
Williamson County carries 0 SBA healthcare approvals worth $0, and inside Herrin the census shows 170 enumerated clinicians against 12,253 residents, 138.7 per 10,000, 43 percent of them in physical, occupational, and speech therapy. Cape Girardeau, MO-IL lies 45 miles away.
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- Population: 12,253 residents (10K-25K band)1
- Healthcare providers registered here: 170 across 21 fields2
- Median household income: $58,5013
- Largest provider field: Physical, occupational, and speech therapy: 73 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Cape Girardeau, MO-IL, 45 miles1
The clinical base a lender can verify here
138.7 providers per 10,000 residents is what 170 enumerations across 21 fields works out to in a town of 12,253
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 73 | 59.6 | NPPES [2] |
| Primary care and family medicine | 19 | 15.5 | NPPES [2] |
| Specialty physician groups | 13 | 10.6 | NPPES [2] |
| Chiropractic | 10 | 8.2 | NPPES [2] |
| DME and HME suppliers | 8 | 6.5 | NPPES [2] |
| Independent pharmacy | 6 | 4.9 | NPPES [2] |
| ABA and autism therapy | 6 | 4.9 | NPPES [2] |
| Optometry and ophthalmology | 6 | 4.9 | NPPES [2] |
| Podiatry | 5 | 4.1 | NPPES [2] |
| Dermatology | 3 | 2.4 | NPPES [2] |
| Audiology and hearing centers | 3 | 2.4 | NPPES [2] |
| Behavioral and mental health group practices | 3 | 2.4 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 3 | 2.4 | NPPES [2] |
| Home health | 2 | 1.6 | NPPES [2] |
| ASCs and OBLs | 2 | 1.6 | NPPES [2] |
| General dentistry | 2 | 1.6 | NPPES [2] |
| Hospice and palliative | 2 | 1.6 | NPPES [2] |
| Dental specialties | 1 | 0.8 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.8 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 1 | 0.8 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.8 | NPPES [2] |
| Medical equipment suppliers | 8 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] |
Several of the 73 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Williamson 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 | 62 | Credit intermediation offices sited in the county [6] |
Reading Herrin the way a credit committee does
The ratio that matters up front is 138.7 per 10,000, which decides whether a ramp schedule reads as conservative. Williamson County has 0 approvals to compare against, so plan for extra appraisal time and a conservative valuation. Household income of $58,501 in Herrin is the number a lender uses to sanity check the self-pay share of a revenue projection.
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 21 local fields reaches for a program, not by what is easiest to refer. Illinois rules and the partner decide availability.
Underwriting by field in Herrin
physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups account for most of what is enumerated in Herrin, so those are the files funders see from this town
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (73) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (19) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Specialty physician groups (13) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
The first column is Herrin's own NPPES count. The rest is how the field is generally underwritten, whether the address is Herrin or anywhere else.
Herrin against nearby Illinois markets
Set Herrin's 138.7 per 10,000 against the towns an appraiser would reach for next
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Herrin (current) | 12,253 | 170 | 138.7 | |
| Marion | 17,021 | 448 | 263.2 | 7 |
| Carbondale | 22,223 | 450 | 202.5 | 12 |
| Mount Vernon | 14,162 | 260 | 183.6 | 36 |
| Centralia | 11,787 | 210 | 178.2 | 50 |
| Shiloh | 14,754 | 95 | 64.4 | 71 |
| Belleville | 40,560 | 750 | 184.9 | 72 |
What the geography does to a Herrin projection
45 miles separate Herrin from Cape Girardeau, MO-IL. Rent comparables cross that gap; patients mostly do not. At $58,501 median household income, the elective and cash-pay share of a projection is the line that gets tested first. The hospital fixes two inputs a lender would otherwise estimate in a 12,253 resident town: where referrals originate, and what staff cost.
Other Illinois markets
- Marion 17,021 residents
- Carbondale 22,223 residents
- Mount Vernon 14,162 residents
- Centralia 11,787 residents
- Shiloh 14,754 residents
- Belleville 40,560 residents
Herrin owners, answered
01How many providers practice in Herrin, and in what?
170 enumerations sit at Herrin addresses in the monthly NPPES file, working out to 138.7 for every 10,000 residents. 43 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 19. An enumeration is a clinician, so the 170 here cover fewer than 170 practices.
02Why does Williamson County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Williamson County. That tracks how few Williamson County practices changed hands that year, not credit quality. 62 credit intermediation establishments operate in Williamson County, so the lending capacity is local even where the healthcare history is not.
03Is Herrin underwritten as part of Cape Girardeau, MO-IL?
Partly. Cape Girardeau, MO-IL is 45 miles out, so rent and equipment comparables travel in from there while patients still come from the 12,253 residents around Herrin. Cost side metro, revenue side local.
04What does Williamson County's shortage designation change?
Williamson County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Herrin can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
05Is there local lending capacity in Williamson County?
County Business Patterns records 62 credit intermediation establishments in Williamson County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Herrin rents and resale before or by somebody working from a screen.
06How does the hospital in Herrin affect a practice file?
It makes the staffing and referral lines checkable. 1 Medicare-certified providers hold Herrin addresses, and the hospital sets the wage a clinical hire is bid against in a 138.7 per 10,000 market.
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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