Illinois micro-market
Healthcare practice financing in Mattoon, Illinois
Direct answer
16,602 residents, 297 enumerated clinicians, 178.9 per 10,000, 29 percent of them in physical, occupational, and speech therapy: that is the Mattoon market a funder prices. Coles County adds 0 healthcare approvals worth $0 and 40 miles of distance to Decatur, 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: 16,602 residents (10K-25K band)1
- Healthcare providers registered here: 297 across 24 fields2
- Median household income: $47,3083
- Largest provider field: Physical, occupational, and speech therapy: 87 registered providers2
- Nearest metro: Decatur, IL, 40 miles1
- Hospital: A Medicare-certified hospital operates in the town4
Fields practicing inside Mattoon
The NPPES file puts 297 enumerated clinicians inside Mattoon, spread over 24 fields at 178.9 per 10,000 residents
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 87 | 52.4 | NPPES [2] |
| Specialty physician groups | 47 | 28.3 | NPPES [2] |
| Behavioral and mental health group practices | 41 | 24.7 | NPPES [2] |
| Primary care and family medicine | 26 | 15.7 | NPPES [2] |
| Chiropractic | 17 | 10.2 | NPPES [2] |
| DME and HME suppliers | 13 | 7.8 | NPPES [2] |
| General dentistry | 13 | 7.8 | NPPES [2] |
| Optometry and ophthalmology | 13 | 7.8 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 9 | 5.4 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 5 | 3.0 | NPPES [2] |
| SUD treatment and residential | 4 | 2.4 | NPPES [2] |
| Podiatry | 3 | 1.8 | NPPES [2] |
| Audiology and hearing centers | 3 | 1.8 | NPPES [2] |
| Dental specialties | 2 | 1.2 | NPPES [2] |
| NEMT and ambulance | 2 | 1.2 | NPPES [2] |
| Independent pharmacy | 2 | 1.2 | NPPES [2] |
| Non-medical home care | 2 | 1.2 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.2 | NPPES [2] |
| Dermatology | 1 | 0.6 | NPPES [2] |
| Home health | 1 | 0.6 | NPPES [2] |
| Urgent care | 1 | 0.6 | NPPES [2] |
| Sleep centers | 1 | 0.6 | NPPES [2] |
| Imaging centers | 1 | 0.6 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 7 | CMS [4] |
Several of the 87 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Coles County
With 0 healthcare approvals recorded, Coles County gives a valuation almost nothing local to lean on
| Measure | Published figure | What sits behind it |
|---|---|---|
| SBA healthcare approvals | 0 | One published fiscal year, healthcare borrowers only [5] |
| Approved dollars | $0 | Approved, not disbursed, and not net of withdrawals [5] |
| Average approval | No approvals recorded | A mean, so one large approval moves it [5] |
| Lending establishments in the county | 40 | Credit intermediation offices sited in the county [6] |
How this data lands in an underwriting decision
A file from here opens on 178.9 providers per 10,000 residents, and everything about volume follows from it. Coles County has 0 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $47,308 as the median household income, the payer mix in a projection has to match what Mattoon households actually spend.
The programs this provider mix points at
- Practice acquisition
- Working capital term loan
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
The 24 fields practicing locally set this order. A funding partner, not this list, decides what is available in Illinois.
What a funder reads first in Mattoon
physical, occupational, and speech therapy, specialty physician groups, behavioral and mental health group practices account for most of what is enumerated in Mattoon, 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 (87) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (47) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Behavioral and mental health group practices (41) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
Column one counts Mattoon clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Mattoon file differently.
Density beside the neighboring Illinois towns
178.9 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Mattoon
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Mattoon (current) | 16,602 | 297 | 178.9 | |
| Charleston | 17,361 | 125 | 72.0 | 10 |
| Effingham | 12,434 | 285 | 229.2 | 27 |
| Decatur | 68,763 | 626 | 91.0 | 40 |
| Champaign | 91,961 | 799 | 86.9 | 44 |
| Urbana | 39,831 | 655 | 164.4 | 45 |
| Mahomet | 10,619 | 82 | 77.2 | 49 |
How Mattoon sits against the nearest metro
Distance to Decatur, IL is 40 miles. That is close enough for rent in Mattoon to be compared against the metro and far enough that patient draw is not. At $47,308 median household income, the elective and cash-pay share of a projection is the line that gets tested first. The Medicare-certified hospital in Mattoon sets the local wage floor before you hire against it. A college in Mattoon puts a term-shaped curve into monthly collections.
Other Illinois markets
Mattoon owners, answered
01How many providers practice in Mattoon, and in what?
297 enumerations sit at Mattoon addresses in the monthly NPPES file, working out to 178.9 for every 10,000 residents. 29 percent of them are physical, occupational, and speech therapy, and specialty physician groups follows with 47. An enumeration is a clinician, so the 297 here cover fewer than 297 practices.
02Why does Coles County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Coles County. That tracks how few Coles County practices changed hands that year, not credit quality. 40 credit intermediation establishments operate in Coles County, so the lending capacity is local even where the healthcare history is not.
03What does Coles County's shortage designation change?
Coles County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Mattoon can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
04How does the hospital in Mattoon affect a practice file?
It makes the staffing and referral lines checkable. and the hospital sets the wage a clinical hire is bid against in a 178.9 per 10,000 market.
05Which fields carry the volume in Mattoon?
Physical, occupational, and speech therapy at 87 providers and specialty physician groups at 47 lead the 24 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.
06What does a $47,308 median income mean for case acceptance?
Median household income in Mattoon runs $47,308. On elective and cash-pay work that is the number a funder converts into case acceptance, and it sets how much of a treatment plan a projection can assume gets started rather than deferred.
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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