Indiana micro-market
Healthcare practice financing in Marion, Indiana
Direct answer
Density decides a lot here. Marion runs 131.1 providers per 10,000 residents, 370 clinicians against 28,216 people, 26 percent of them in physical, occupational, and speech therapy, while Grant County lenders have approved 0 healthcare files worth $0 and the nearest metro is 25 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: 28,216 residents (25K-50K band)1
- Healthcare providers registered here: 370 across 30 fields2
- Median household income: $43,3493
- Largest provider field: Physical, occupational, and speech therapy: 95 registered providers2
- Medicare-certified providers in town: 4 across 3 categories4
- Nearest metro: Kokomo, IN, 25 miles1
Fields practicing inside Marion
The NPPES file puts 370 enumerated clinicians inside Marion, spread over 30 fields at 131.1 per 10,000 residents
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 95 | 33.7 | NPPES [2] |
| Primary care and family medicine | 41 | 14.5 | NPPES [2] |
| Optometry and ophthalmology | 30 | 10.6 | NPPES [2] |
| ABA and autism therapy | 22 | 7.8 | NPPES [2] |
| Behavioral and mental health group practices | 22 | 7.8 | NPPES [2] |
| General dentistry | 21 | 7.4 | NPPES [2] |
| Home health | 16 | 5.7 | NPPES [2] |
| Specialty physician groups | 16 | 5.7 | NPPES [2] |
| Dental specialties | 14 | 5.0 | NPPES [2] |
| DME and HME suppliers | 12 | 4.3 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 12 | 4.3 | NPPES [2] |
| Audiology and hearing centers | 10 | 3.5 | NPPES [2] |
| Chiropractic | 8 | 2.8 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 8 | 2.8 | NPPES [2] |
| Med spa and aesthetics | 7 | 2.5 | NPPES [2] |
| Podiatry | 5 | 1.8 | NPPES [2] |
| Independent pharmacy | 5 | 1.8 | NPPES [2] |
| NEMT and ambulance | 4 | 1.4 | NPPES [2] |
| Dialysis and infusion centers | 4 | 1.4 | NPPES [2] |
| Dermatology | 3 | 1.1 | NPPES [2] |
| Non-medical home care | 3 | 1.1 | NPPES [2] |
| Telehealth and virtual clinics | 3 | 1.1 | NPPES [2] |
| ASCs and OBLs | 2 | 0.7 | NPPES [2] |
| Urgent care | 1 | 0.4 | NPPES [2] |
| Sleep centers | 1 | 0.4 | NPPES [2] |
| SUD treatment and residential | 1 | 0.4 | NPPES [2] |
| Pain management and interventional | 1 | 0.4 | NPPES [2] |
| Hospice and palliative | 1 | 0.4 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 1 | 0.4 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.4 | NPPES [2] |
| Medical equipment suppliers | 10 | CMS [4] | |
| Home health agencies | 2 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 95 of the 370 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Loan activity in Grant County
With 0 healthcare approvals recorded, Grant County gives a valuation almost nothing local to lean on
| What it measures | Value | How to read 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 | 40 | Credit intermediation offices sited in the county [6] |
How this data lands in an underwriting decision
At 131.1 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. Grant County has 0 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $43,349 as the median household income, the payer mix in a projection has to match what Marion households actually spend.
Where a file from this town usually lands
- 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 30 local fields reaches for a program, not by what is easiest to refer. Indiana rules and the partner decide availability.
The first pages of a Marion file
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, optometry and ophthalmology
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (95) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (41) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Optometry and ophthalmology (30) | Exam volume and optical capture, Vision plan mix, Inventory turns | Cold start or acquisition |
NPPES supplies the Marion counts. The reading columns describe the field in general, and no partner reviewing a Marion file is bound by them.
Density beside the neighboring Indiana towns
Set Marion's 131.1 per 10,000 against the towns an appraiser would reach for next
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Marion (current) | 28,216 | 370 | 131.1 | |
| Wabash | 10,275 | 118 | 114.8 | 20 |
| Huntington | 17,033 | 129 | 75.7 | 24 |
| Kokomo | 60,093 | 697 | 116.0 | 25 |
| Peru | 11,003 | 115 | 104.5 | 26 |
| Yorktown | 11,900 | 43 | 36.1 | 27 |
| Muncie | 65,320 | 879 | 134.6 | 28 |
What the geography does to a Marion projection
25 miles separate Marion from Kokomo, IN. Rent comparables cross that gap; patients mostly do not. At $43,349 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. A degree-granting institution here moves volume on the academic calendar. Marion is the Grant County seat, so county employment steadies the payer mix.
More of Indiana
Marion owners, answered
01How many providers practice in Marion, and in what?
370 enumerations sit at Marion addresses in the monthly NPPES file, working out to 131.1 for every 10,000 residents. 26 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 41. An enumeration is a clinician, so the 370 here cover fewer than 370 practices.
02What does Grant County's shortage designation change?
Grant County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Marion can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Why does Grant County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Grant County. That tracks how few Grant County practices changed hands that year, not credit quality. 40 credit intermediation establishments operate in Grant County, so the lending capacity is local even where the healthcare history is not.
04How does the hospital in Marion affect a practice file?
It makes the staffing and referral lines checkable. 4 Medicare-certified providers hold Marion addresses, and the hospital sets the wage a clinical hire is bid against in a 131.1 per 10,000 market.
05Which fields carry the volume in Marion?
The 30 enumerated fields are led by physical, occupational, and speech therapy at 95, with primary care and family medicine at 41 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
06Is Marion underwritten as part of Kokomo, IN?
Kokomo, IN sits 25 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 28,216 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
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