Indiana micro-market
Healthcare practice financing in Logansport, Indiana
Direct answer
Density decides a lot here. Logansport runs 87.0 providers per 10,000 residents, 158 clinicians against 18,168 people, 14 percent of them in behavioral and mental health group practices, while Cass County lenders have approved 0 healthcare files worth $0 and the nearest metro is 23 miles out.
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 Indiana, and how many partners see it, is set out on the Indiana page.
- Population: 18,168 residents (10K-25K band)1
- Healthcare providers registered here: 158 across 21 fields2
- Median household income: $46,3633
- Largest provider field: Behavioral and mental health group practices: 22 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Kokomo, IN, 23 miles1
Who is enumerated in Logansport
87.0 providers per 10,000 residents is what 158 enumerations across 21 fields works out to in a town of 18,168
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Behavioral and mental health group practices | 22 | 12.1 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 17 | 9.4 | NPPES [2] |
| Optometry and ophthalmology | 16 | 8.8 | NPPES [2] |
| Physical, occupational, and speech therapy | 16 | 8.8 | NPPES [2] |
| Primary care and family medicine | 15 | 8.3 | NPPES [2] |
| General dentistry | 12 | 6.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 10 | 5.5 | NPPES [2] |
| Chiropractic | 8 | 4.4 | NPPES [2] |
| DME and HME suppliers | 7 | 3.9 | NPPES [2] |
| ABA and autism therapy | 7 | 3.9 | NPPES [2] |
| Specialty physician groups | 5 | 2.8 | NPPES [2] |
| Clinical and toxicology labs | 5 | 2.8 | NPPES [2] |
| NEMT and ambulance | 3 | 1.7 | NPPES [2] |
| Independent pharmacy | 3 | 1.7 | NPPES [2] |
| Non-medical home care | 3 | 1.7 | NPPES [2] |
| Audiology and hearing centers | 2 | 1.1 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.1 | NPPES [2] |
| Dialysis and infusion centers | 2 | 1.1 | NPPES [2] |
| Home health | 1 | 0.6 | NPPES [2] |
| Dental specialties | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 5 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 22 behavioral and mental health group practices enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
The lending record behind Logansport
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 | Fiscal year published in the SBA file [5] |
| Total approved capital | $0 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | No approvals recorded | Dollars divided by approvals [5] |
| Lenders sited in the county | 21 | Credit intermediation establishments, NAICS 522 [6] |
The consequence of these numbers
Underwriting starts with 87.0 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Cass County has 0 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $46,363 as the median household income, the payer mix in a projection has to match what Logansport 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
The order comes from Logansport's own provider mix, which behavioral and mental health group practices dominates at 14 percent. What a partner can actually place in Indiana is a separate question.
What a funder reads first in Logansport
What a funder opens first depends on the field. In Logansport that means behavioral and mental health group practices, ketamine, tms, and interventional psychiatry, optometry and ophthalmology.
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Behavioral and mental health group practices (22) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
| Ketamine, TMS, and interventional psychiatry (17) | Session series completion, Coverage mix, Device utilization | Treatment device purchase |
| Optometry and ophthalmology (16) | Exam volume and optical capture, Vision plan mix, Inventory turns | Cold start or acquisition |
Counts in the first column are Logansport providers from NPPES. The other two columns describe how funders read that field across markets like Logansport, not what any funder will do with your file.
How Logansport prices against its neighbors
87.0 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Logansport
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Logansport (current) | 18,168 | 158 | 87.0 | |
| Peru | 11,003 | 115 | 104.5 | 15 |
| Kokomo | 60,093 | 697 | 116.0 | 23 |
| Wabash | 10,275 | 118 | 114.8 | 28 |
| Frankfort | 16,459 | 128 | 77.8 | 34 |
| West Lafayette | 46,338 | 295 | 63.7 | 36 |
| Lafayette | 71,757 | 1,063 | 148.1 | 36 |
What the geography does to a Logansport projection
23 miles separate Logansport from Kokomo, IN. Lease pricing follows Kokomo, IN, while revenue stays capped by the 18,168 residents here. At $46,363 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Wages here are anchored by the Medicare-certified hospital in town, which is what a staffing line gets measured against. Logansport is the Cass County seat, so county employment steadies the payer mix.
Nearby Indiana towns
Questions from Logansport
01How many providers practice in Logansport, and in what?
Across 21 fields, Logansport carries 158 enumerated clinicians, 87.0 per 10,000 of the 18,168 people living here. The concentration is in behavioral and mental health group practices, 22 of the total, then ketamine, tms, and interventional psychiatry at 17. Count practices from that only with care.
02What does Cass County's shortage designation change?
Designated for primary care, dental, mental health, Cass County qualifies its clinicians for federal repayment support. On a file that turns on adding staff, that is the difference between a hiring assumption and a hiring plan.
03Why does Cass County show so little SBA activity?
Only 0 healthcare approvals appear for Cass County in the published 7(a) and 504 file. Thin volume in Cass County is a transaction count, not a verdict on borrowers here. The county still holds 21 credit intermediation establishments.
04How does the hospital in Logansport affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 1 Medicare-certified providers in total. A Logansport projection that names the call arrangement reads better than one that assumes it.
05Which fields carry the volume in Logansport?
Behavioral and mental health group practices at 22 providers and ketamine, tms, and interventional psychiatry at 17 lead the 21 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.
06Is Logansport underwritten as part of Kokomo, IN?
Kokomo, IN sits 23 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Kokomo, IN; the 18,168 residents set the ceiling a projection can defend.
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
Our team reviews every request within 1 business day. If a funding partner thinks they can help, a specialist from that partner contacts you to discuss next steps.