Illinois micro-market
Healthcare practice financing in South Holland, Illinois
Direct answer
A South Holland file is read against 237 local clinicians, 114.1 for every 10,000 of its 20,775 residents, 16 percent of them in physical, occupational, and speech therapy, plus the 122 SBA healthcare approvals worth $56,780,300 already recorded in Cook County, 17 miles from Chicago-Naperville-Elgin, IL-IN.
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: 20,775 residents (10K-25K band)1
- Healthcare providers registered here: 237 across 25 fields2
- Median household income: $87,3783
- Largest provider field: Physical, occupational, and speech therapy: 39 registered providers2
- Medicare-certified providers in town: 10 across 3 categories4
- Nearest metro: Chicago-Naperville-Elgin, IL-IN, 17 miles1
The provider census in South Holland
237 providers across 25 fields, 114.1 per 10,000 residents, counted at South Holland addresses in the NPPES monthly file
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 39 | 18.8 | NPPES [2] |
| Behavioral and mental health group practices | 29 | 14.0 | NPPES [2] |
| Specialty physician groups | 27 | 13.0 | NPPES [2] |
| Primary care and family medicine | 22 | 10.6 | NPPES [2] |
| Home health | 19 | 9.1 | NPPES [2] |
| General dentistry | 16 | 7.7 | NPPES [2] |
| DME and HME suppliers | 10 | 4.8 | NPPES [2] |
| Non-medical home care | 10 | 4.8 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 10 | 4.8 | NPPES [2] |
| ABA and autism therapy | 7 | 3.4 | NPPES [2] |
| Optometry and ophthalmology | 7 | 3.4 | NPPES [2] |
| SUD treatment and residential | 6 | 2.9 | NPPES [2] |
| Chiropractic | 5 | 2.4 | NPPES [2] |
| Dental specialties | 5 | 2.4 | NPPES [2] |
| Podiatry | 4 | 1.9 | NPPES [2] |
| Med spa and aesthetics | 4 | 1.9 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 4 | 1.9 | NPPES [2] |
| Independent pharmacy | 3 | 1.4 | NPPES [2] |
| Dialysis and infusion centers | 3 | 1.4 | NPPES [2] |
| Clinical research sites | 2 | 1.0 | NPPES [2] |
| Imaging centers | 1 | 0.5 | NPPES [2] |
| NEMT and ambulance | 1 | 0.5 | NPPES [2] |
| Hospice and palliative | 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 | 7 | CMS [4] | |
| Medical equipment suppliers | 2 | CMS [4] | |
| Dialysis facilities | 2 | CMS [4] | |
| Hospice providers | 1 | CMS [4] |
A single South Holland practice can hold more than one of these numbers. 16 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
What lenders have already approved in Cook County
Lenders in Cook County have already closed 122 healthcare approvals, averaging $465,412, which is the size a new file gets read beside
| Line | Amount | Reading and source |
|---|---|---|
| Healthcare files approved | 122 | One published fiscal year, healthcare borrowers only [5] |
| Dollars behind them | $56,780,300 | Approved, not disbursed, and not net of withdrawals [5] |
| Typical approval size | $465,412 | A mean, so one large approval moves it [5] |
| Credit offices operating locally | 2,528 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
Underwriting starts with 114.1 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Because Cook County already carries $56,780,300 across 122 healthcare approvals, a request near that average moves faster than one well above it. With $87,378 as the median household income, the payer mix in a projection has to match what South Holland households actually spend.
Programs the South Holland mix reaches for
- Practice acquisition
- Expansion, relocation, and build-out
- Working capital term loan
- Startup and de novo
- Equipment financing and leasing
The order comes from South Holland's own provider mix, which physical, occupational, and speech therapy dominates at 16 percent. What a partner can actually place in Illinois is a separate question.
Underwriting by field in South Holland
physical, occupational, and speech therapy, behavioral and mental health group practices, specialty physician groups account for most of what is enumerated in South Holland, so those are the files funders see from this town
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (39) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Behavioral and mental health group practices (29) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
| Specialty physician groups (27) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
The first column is South Holland's own NPPES count. The rest is how the field is generally underwritten, whether the address is South Holland or anywhere else.
How South Holland prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when South Holland has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| South Holland (current) | 20,775 | 237 | 114.1 | |
| Dolton | 20,697 | 54 | 26.1 | 2 |
| Harvey | 19,781 | 125 | 63.2 | 3 |
| Riverdale | 10,299 | 20 | 19.4 | 3 |
| Lansing | 28,107 | 173 | 61.6 | 4 |
| Homewood | 18,789 | 313 | 166.6 | 4 |
| Hazel Crest | 13,036 | 181 | 138.8 | 5 |
Distance, income, and the wage floor around South Holland
Chicago-Naperville-Elgin, IL-IN lies 17 miles from South Holland, close enough that appraisers price the lease against Chicago-Naperville-Elgin, IL-IN rents while 20,775 residents set the revenue ceiling. Households here carry $87,378 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. With no hospital in town, a projection has to name where referrals and coverage come from. Campus terms, not calendar quarters, set the busy months in South Holland.
More of Illinois
Questions from South Holland
01How many providers practice in South Holland, and in what?
237 enumerations sit at South Holland addresses in the monthly NPPES file, working out to 114.1 for every 10,000 residents. 16 percent of them are physical, occupational, and speech therapy, and behavioral and mental health group practices follows with 29. An enumeration is a clinician, so the 237 here cover fewer than 237 practices.
02What does SBA lending look like around South Holland?
$56,780,300 went to healthcare borrowers in Cook County across 122 approvals, $465,412 on average. Deals near South Holland get sized against that record before anything else.
03What does Cook County's shortage designation change?
HRSA designates Cook County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into South Holland and evidences a staffing ramp in a 20,775 resident market.
04Is South Holland underwritten as part of Chicago-Naperville-Elgin, IL-IN?
Chicago-Naperville-Elgin, IL-IN sits 17 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Chicago-Naperville-Elgin, IL-IN; the 20,775 residents set the ceiling a projection can defend.
05Is there local lending capacity in Cook County?
County Business Patterns records 2,528 credit intermediation establishments in Cook County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen South Holland rents and resale before or by somebody working from a screen.
06How many Medicare-certified providers are based in South Holland?
The town carries 10 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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