Maryland micro-market
Healthcare practice financing in Havre de Grace, Maryland
Direct answer
Density decides a lot here. Havre de Grace runs 139.3 providers per 10,000 residents, 212 clinicians against 15,222 people, 20 percent of them in physical, occupational, and speech therapy, while Harford County lenders have approved 3 healthcare files worth $1,411,000 and the nearest metro is 32 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 Maryland, and how many partners see it, is set out on the Maryland page.
- Population: 15,222 residents (10K-25K band)1
- Healthcare providers registered here: 212 across 26 fields2
- Median household income: $106,7983
- Largest provider field: Physical, occupational, and speech therapy: 42 registered providers2
- Nearest metro: Baltimore-Columbia-Towson, MD, 32 miles1
- SBA healthcare approvals in the county: 3 approvals totaling $1,411,0004
What NPPES records at Havre de Grace addresses
139.3 providers per 10,000 residents is what 212 enumerations across 26 fields works out to in a town of 15,222
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 42 | 27.6 | NPPES [2] |
| Optometry and ophthalmology | 36 | 23.6 | NPPES [2] |
| General dentistry | 16 | 10.5 | NPPES [2] |
| Primary care and family medicine | 15 | 9.9 | NPPES [2] |
| Behavioral and mental health group practices | 15 | 9.9 | NPPES [2] |
| Specialty physician groups | 14 | 9.2 | NPPES [2] |
| ABA and autism therapy | 9 | 5.9 | NPPES [2] |
| DME and HME suppliers | 8 | 5.3 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 7 | 4.6 | NPPES [2] |
| Podiatry | 6 | 3.9 | NPPES [2] |
| Chiropractic | 6 | 3.9 | NPPES [2] |
| Home health | 4 | 2.6 | NPPES [2] |
| SUD treatment and residential | 4 | 2.6 | NPPES [2] |
| Independent pharmacy | 4 | 2.6 | NPPES [2] |
| Med spa and aesthetics | 4 | 2.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 4 | 2.6 | NPPES [2] |
| Clinical and toxicology labs | 3 | 2.0 | NPPES [2] |
| Dermatology | 2 | 1.3 | NPPES [2] |
| Urgent care | 2 | 1.3 | NPPES [2] |
| ASCs and OBLs | 2 | 1.3 | NPPES [2] |
| NEMT and ambulance | 2 | 1.3 | NPPES [2] |
| Audiology and hearing centers | 2 | 1.3 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 2 | 1.3 | NPPES [2] |
| Pain management and interventional | 1 | 0.7 | NPPES [2] |
| Dental specialties | 1 | 0.7 | NPPES [2] |
| Non-medical home care | 1 | 0.7 | NPPES [2] |
| Medical equipment suppliers | 4 | CMS [5] |
Several of the 42 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Harford 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 |
|---|---|---|
| Approvals on record | 3 | One published fiscal year, healthcare borrowers only [4] |
| Total approved capital | $1,411,000 | Approved, not disbursed, and not net of withdrawals [4] |
| Mean deal size | $470,333 | A mean, so one large approval moves it [4] |
| Lenders sited in the county | 122 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
Underwriting starts with 139.3 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Harford County has 3 approvals to compare against, so plan for extra appraisal time and a conservative valuation. A $106,798 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
- Expansion, relocation, and build-out
- Working capital term loan
- Equipment financing and leasing
The order comes from Havre de Grace's own provider mix, which physical, occupational, and speech therapy dominates at 20 percent. What a partner can actually place in Maryland is a separate question.
Underwriting by field in Havre de Grace
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, optometry and ophthalmology, general dentistry
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (42) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Optometry and ophthalmology (36) | Exam volume and optical capture, Vision plan mix, Inventory turns | Cold start or acquisition |
| General dentistry (16) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Counts in the first column are Havre de Grace providers from NPPES. The other two columns describe how funders read that field across markets like Havre de Grace, not what any funder will do with your file.
Havre de Grace against nearby Maryland markets
Comparables travel. These are the Maryland towns whose density, at 139.3 per 10,000 here, gets weighed beside this one.
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Havre de Grace (current) | 15,222 | 212 | 139.3 | |
| Aberdeen | 18,451 | 194 | 105.1 | 4 |
| Bel Air | 10,395 | 981 | 943.7 | 12 |
| Elkton | 15,977 | 404 | 252.9 | 16 |
| Annapolis | 40,689 | 1,512 | 371.6 | 45 |
| Westminster | 20,662 | 730 | 353.3 | 48 |
| Laurel | 30,238 | 1,147 | 379.3 | 51 |
What the geography does to a Havre de Grace projection
32 miles separate Havre de Grace from Baltimore-Columbia-Towson, MD. Rent comparables cross that gap; patients mostly do not. At $106,798 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from.
Other Maryland markets
Questions from Havre de Grace
01How many providers practice in Havre de Grace, and in what?
NPPES lists 212 providers at a Havre de Grace practice address, 139.3 per 10,000 residents across 26 tracked fields. Physical, occupational, and speech therapy accounts for 42 of them, 20 percent of the total, with optometry and ophthalmology next at 36. Read that as clinicians: 212 enumerations, not 212 owners.
02What does Harford County's shortage designation change?
Designated for primary care, dental, mental health, Harford 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 Harford County show so little SBA activity?
The published file records 3 7(a) and 504 approvals to healthcare borrowers in Harford County. That tracks how few Harford County practices changed hands that year, not credit quality. 122 credit intermediation establishments operate in Harford County, so the lending capacity is local even where the healthcare history is not.
04Which fields carry the volume in Havre de Grace?
Physical, occupational, and speech therapy at 42 providers and optometry and ophthalmology at 36 lead the 26 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.
05Is Havre de Grace underwritten as part of Baltimore-Columbia-Towson, MD?
Baltimore-Columbia-Towson, MD sits 32 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Baltimore-Columbia-Towson, MD; the 15,222 residents set the ceiling a projection can defend.
06What does a $106,798 median income mean for case acceptance?
Median household income in Havre de Grace runs $106,798. 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
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5CMS Care Compare provider datasets
- 6U.S. Census Bureau, County Business Patterns 2022
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