Massachusetts micro-market
Healthcare practice financing in Holyoke, Massachusetts
Direct answer
37,838 residents, 647 enumerated clinicians, 171.0 per 10,000, 49 percent of them in behavioral and mental health group practices: that is the Holyoke market a funder prices. Hampden County adds 7 healthcare approvals worth $4,880,000 and 9 miles of distance to Springfield, MA.
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 Massachusetts, and how many partners see it, is set out on the Massachusetts page.
- Population: 37,838 residents (25K-50K band)1
- Healthcare providers registered here: 647 across 25 fields2
- Median household income: $51,8923
- Largest provider field: Behavioral and mental health group practices: 320 registered providers2
- Medicare-certified providers in town: 5 across 3 categories4
- Nearest metro: Springfield, MA, 9 miles1
Who is enumerated in Holyoke
The NPPES file puts 647 enumerated clinicians inside Holyoke, spread over 25 fields at 171.0 per 10,000 residents
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Behavioral and mental health group practices | 320 | 84.6 | NPPES [2] |
| Physical, occupational, and speech therapy | 70 | 18.5 | NPPES [2] |
| Specialty physician groups | 48 | 12.7 | NPPES [2] |
| General dentistry | 41 | 10.8 | NPPES [2] |
| ABA and autism therapy | 30 | 7.9 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 22 | 5.8 | NPPES [2] |
| Optometry and ophthalmology | 17 | 4.5 | NPPES [2] |
| Primary care and family medicine | 14 | 3.7 | NPPES [2] |
| Home health | 13 | 3.4 | NPPES [2] |
| Chiropractic | 13 | 3.4 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 12 | 3.2 | NPPES [2] |
| Dental specialties | 10 | 2.6 | NPPES [2] |
| DME and HME suppliers | 8 | 2.1 | NPPES [2] |
| Independent pharmacy | 8 | 2.1 | NPPES [2] |
| Occupational health and drug testing | 4 | 1.1 | NPPES [2] |
| Audiology and hearing centers | 3 | 0.8 | NPPES [2] |
| Mobile diagnostics | 2 | 0.5 | NPPES [2] |
| Non-medical home care | 2 | 0.5 | NPPES [2] |
| Clinical research sites | 2 | 0.5 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 2 | 0.5 | NPPES [2] |
| Clinical and toxicology labs | 2 | 0.5 | NPPES [2] |
| Podiatry | 1 | 0.3 | NPPES [2] |
| Hospice and palliative | 1 | 0.3 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.3 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.3 | NPPES [2] |
| Medical equipment suppliers | 10 | CMS [4] | |
| Home health agencies | 3 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
A single Holyoke practice can hold more than one of these numbers. 49 percent sit in behavioral and mental health group practices, counted as clinicians rather than as owners.
Loan activity in Hampden County
7 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Line | Amount | Reading and source |
|---|---|---|
| Healthcare files approved | 7 | Counted for the fiscal year the SBA publishes [5] |
| Dollars behind them | $4,880,000 | Everything approved to healthcare borrowers, added up [5] |
| Typical approval size | $697,143 | The dollar column over the approval column [5] |
| Credit offices operating locally | 239 | Places that write credit locally, NAICS 522 [6] |
How this data lands in an underwriting decision
At 171.0 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. With 7 approvals on record in Hampden County, expect a longer appraisal and a wider collateral discount. With $51,892 as the median household income, the payer mix in a projection has to match what Holyoke households actually spend.
Programs the Holyoke mix reaches for
- Working capital term loan
- Practice acquisition
- Business line of credit
- Startup and de novo
- Expansion, relocation, and build-out
Ranked from the 25 fields that actually practice in Holyoke, weighted toward behavioral and mental health group practices. Availability still depends on Massachusetts and on the funding partner.
Underwriting by field in Holyoke
Drawn from the fields that actually practice here: behavioral and mental health group practices, physical, occupational, and speech therapy, specialty physician groups
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Behavioral and mental health group practices (320) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
| Physical, occupational, and speech therapy (70) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (48) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
The first column is Holyoke's own NPPES count. The rest is how the field is generally underwritten, whether the address is Holyoke or anywhere else.
How Holyoke prices against its neighbors
171.0 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Holyoke
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Holyoke (current) | 37,838 | 647 | 171.0 | |
| Chicopee | 55,381 | 264 | 47.7 | 4 |
| Easthampton | 16,020 | 135 | 84.3 | 4 |
| West Springfield | 29,028 | 439 | 151.2 | 6 |
| Northampton | 31,315 | 517 | 165.1 | 8 |
| Westfield | 40,403 | 338 | 83.7 | 8 |
| Agawam | 28,749 | 166 | 57.7 | 10 |
Distance, income, and the wage floor around Holyoke
Springfield, MA lies 9 miles from Holyoke, close enough that appraisers price the lease against Springfield, MA rents while 37,838 residents set the revenue ceiling. Median household income runs $51,892, which is the number a funder converts into case acceptance on anything elective or cash-pay. 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.
Nearby Massachusetts towns
- Chicopee 55,381 residents
- Easthampton 16,020 residents
- West Springfield 29,028 residents
- Northampton 31,315 residents
- Westfield 40,403 residents
- Agawam 28,749 residents
Holyoke owners, answered
01How many providers practice in Holyoke, and in what?
Across 25 fields, Holyoke carries 647 enumerated clinicians, 171.0 per 10,000 of the 37,838 people living here. The concentration is in behavioral and mental health group practices, 320 of the total, then physical, occupational, and speech therapy at 70. Count practices from that only with care.
02Why does Hampden County show so little SBA activity?
Hampden County shows 7 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. 239 lending establishments operate locally.
03Is Holyoke underwritten as part of Springfield, MA?
Partly. Springfield, MA is 9 miles out, so rent and equipment comparables travel in from there while patients still come from the 37,838 residents around Holyoke. Cost side metro, revenue side local.
04Which fields carry the volume in Holyoke?
The 25 enumerated fields are led by behavioral and mental health group practices at 320, with physical, occupational, and speech therapy at 70 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
05What does Hampden County's shortage designation change?
Designated for primary care, dental, mental health, Hampden 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.
06How does the hospital in Holyoke 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. 5 Medicare-certified providers are located here in total. It also sets the wage floor behind every hire in a 171.0 per 10,000 market.
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.