Indiana micro-market
Healthcare practice financing in New Albany, Indiana
Direct answer
37,652 residents, 555 enumerated clinicians, 147.4 per 10,000, 28 percent of them in physical, occupational, and speech therapy: that is the New Albany market a funder prices. Floyd County adds 3 healthcare approvals worth $3,065,400 and 14 miles of distance to Louisville/Jefferson County, KY-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 Indiana, and how many partners see it, is set out on the Indiana page.
- Population: 37,652 residents (25K-50K band)1
- Healthcare providers registered here: 555 across 30 fields2
- Median household income: $54,1523
- Largest provider field: Physical, occupational, and speech therapy: 153 registered providers2
- Medicare-certified providers in town: 10 across 4 categories4
- Nearest metro: Louisville/Jefferson County, KY-IN, 14 miles1
Who is enumerated in New Albany
147.4 providers per 10,000 residents is what 555 enumerations across 30 fields works out to in a town of 37,652
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 153 | 40.6 | NPPES [2] |
| ABA and autism therapy | 49 | 13.0 | NPPES [2] |
| General dentistry | 41 | 10.9 | NPPES [2] |
| Primary care and family medicine | 40 | 10.6 | NPPES [2] |
| Chiropractic | 32 | 8.5 | NPPES [2] |
| DME and HME suppliers | 31 | 8.2 | NPPES [2] |
| Specialty physician groups | 27 | 7.2 | NPPES [2] |
| Optometry and ophthalmology | 23 | 6.1 | NPPES [2] |
| Dental specialties | 22 | 5.8 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 19 | 5.0 | NPPES [2] |
| Behavioral and mental health group practices | 15 | 4.0 | NPPES [2] |
| Med spa and aesthetics | 12 | 3.2 | NPPES [2] |
| Home health | 10 | 2.7 | NPPES [2] |
| Audiology and hearing centers | 10 | 2.7 | NPPES [2] |
| Independent pharmacy | 9 | 2.4 | NPPES [2] |
| Telehealth and virtual clinics | 9 | 2.4 | NPPES [2] |
| Dermatology | 7 | 1.9 | NPPES [2] |
| Podiatry | 6 | 1.6 | NPPES [2] |
| ASCs and OBLs | 6 | 1.6 | NPPES [2] |
| NEMT and ambulance | 5 | 1.3 | NPPES [2] |
| Non-medical home care | 5 | 1.3 | NPPES [2] |
| SUD treatment and residential | 4 | 1.1 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 4 | 1.1 | NPPES [2] |
| Dialysis and infusion centers | 4 | 1.1 | NPPES [2] |
| Urgent care | 3 | 0.8 | NPPES [2] |
| Hospice and palliative | 3 | 0.8 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 2 | 0.5 | NPPES [2] |
| Clinical and toxicology labs | 2 | 0.5 | NPPES [2] |
| Imaging centers | 1 | 0.3 | NPPES [2] |
| Pain management and interventional | 1 | 0.3 | NPPES [2] |
| Medical equipment suppliers | 17 | CMS [4] | |
| Home health agencies | 4 | CMS [4] | |
| Ambulatory surgical centers | 2 | CMS [4] | |
| Hospice providers | 2 | CMS [4] | |
| Dialysis facilities | 2 | CMS [4] |
Several of the 153 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Floyd County
The county file holds 3 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| Measure | Published figure | What sits behind it |
|---|---|---|
| Healthcare files approved | 3 | Counted for the fiscal year the SBA publishes [5] |
| Dollars behind them | $3,065,400 | Everything approved to healthcare borrowers, added up [5] |
| Typical approval size | $1,021,800 | The dollar column over the approval column [5] |
| Credit offices operating locally | 55 | Places that write credit locally, NAICS 522 [6] |
What the two tables above change about a file
Underwriting starts with 147.4 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. A short county record of 3 approvals usually means more documentation and a lower advance against the same collateral. A $54,152 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Expansion, relocation, and build-out
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 New Albany file
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, aba and autism therapy, general dentistry
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (153) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| ABA and autism therapy (49) | Authorized hours against delivered hours, Payer mix stability, Billing compliance history | Working capital against authorization and billing lag |
| General dentistry (41) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.
New Albany against nearby Indiana markets
147.4 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices New Albany
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| New Albany (current) | 37,652 | 555 | 147.4 | |
| Clarksville | 22,041 | 190 | 86.2 | 3 |
| Jeffersonville | 52,912 | 402 | 76.0 | 7 |
| Sellersburg | 10,057 | 84 | 83.5 | 7 |
| Madison | 12,108 | 175 | 144.5 | 39 |
| Seymour | 22,524 | 215 | 95.5 | 44 |
| Bedford | 13,853 | 191 | 137.9 | 52 |
Distance, income, and the wage floor around New Albany
Louisville/Jefferson County, KY-IN lies 14 miles from New Albany, close enough that appraisers price the lease against Louisville/Jefferson County, KY-IN rents while 37,652 residents set the revenue ceiling. Households here carry $54,152 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. The Medicare-certified hospital in New Albany sets the local wage floor before you hire against it. A college in New Albany puts a term-shaped curve into monthly collections. New Albany is the Floyd County seat, so county employment steadies the payer mix.
More of Indiana
- Clarksville 22,041 residents
- Jeffersonville 52,912 residents
- Sellersburg 10,057 residents
- Madison 12,108 residents
- Seymour 22,524 residents
- Bedford 13,853 residents
Questions from New Albany
01How many providers practice in New Albany, and in what?
555 enumerations sit at New Albany addresses in the monthly NPPES file, working out to 147.4 for every 10,000 residents. 28 percent of them are physical, occupational, and speech therapy, and aba and autism therapy follows with 49. An enumeration is a clinician, so the 555 here cover fewer than 555 practices.
02Why does Floyd County show so little SBA activity?
Floyd County shows 3 approvals in the SBA healthcare file, which means an appraiser reaches outside the county for comparables. Few sales, not weak credit, is the usual reason. 55 lending establishments operate locally.
03How does the hospital in New Albany affect a practice file?
A Medicare-certified hospital operates in the town, which gives referral flow, a call schedule, and a clinical labor pool a funder can verify. 10 Medicare-certified providers are located here in total. It also sets the wage floor behind every hire in a 147.4 per 10,000 market.
04Which fields carry the volume in New Albany?
Volume concentrates in physical, occupational, and speech therapy, 153 of them, ahead of aba and autism therapy at 49, across 30 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
05What does Floyd County's shortage designation change?
HRSA designates Floyd County for primary care, mental health. That opens loan repayment programs for clinicians recruited into New Albany and evidences a staffing ramp in a 37,652 resident market.
06Is there local lending capacity in Floyd County?
County Business Patterns records 55 credit intermediation establishments in Floyd County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen New Albany rents and resale before or by somebody working from a screen.
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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