Michigan micro-market
Healthcare practice financing in Oak Park, Michigan
Direct answer
Oakland County carries 53 SBA healthcare approvals worth $30,622,600, and inside Oak Park the census shows 321 enumerated clinicians against 29,402 residents, 109.2 per 10,000, 19 percent of them in home health. Detroit-Warren-Dearborn, MI lies 7 miles away.
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 Michigan, and how many partners see it, is set out on the Michigan page.
- Population: 29,402 residents (25K-50K band)1
- Healthcare providers registered here: 321 across 29 fields2
- Median household income: $65,8823
- Largest provider field: Home health: 62 registered providers2
- Medicare-certified providers in town: 5 across 3 categories4
- Nearest metro: Detroit-Warren-Dearborn, MI, 7 miles1
The provider census in Oak Park
The NPPES file puts 321 enumerated clinicians inside Oak Park, spread over 29 fields at 109.2 per 10,000 residents
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Home health | 62 | 21.1 | NPPES [2] |
| Physical, occupational, and speech therapy | 58 | 19.7 | NPPES [2] |
| DME and HME suppliers | 25 | 8.5 | NPPES [2] |
| Primary care and family medicine | 23 | 7.8 | NPPES [2] |
| Independent pharmacy | 23 | 7.8 | NPPES [2] |
| Chiropractic | 20 | 6.8 | NPPES [2] |
| Non-medical home care | 20 | 6.8 | NPPES [2] |
| Specialty physician groups | 18 | 6.1 | NPPES [2] |
| General dentistry | 12 | 4.1 | NPPES [2] |
| Optometry and ophthalmology | 8 | 2.7 | NPPES [2] |
| Pain management and interventional | 7 | 2.4 | NPPES [2] |
| Behavioral and mental health group practices | 6 | 2.0 | NPPES [2] |
| Podiatry | 5 | 1.7 | NPPES [2] |
| ABA and autism therapy | 4 | 1.4 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 4 | 1.4 | NPPES [2] |
| Hospice and palliative | 3 | 1.0 | NPPES [2] |
| Clinical and toxicology labs | 3 | 1.0 | NPPES [2] |
| Telehealth and virtual clinics | 3 | 1.0 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 3 | 1.0 | NPPES [2] |
| Urgent care | 2 | 0.7 | NPPES [2] |
| ASCs and OBLs | 2 | 0.7 | NPPES [2] |
| Dental specialties | 2 | 0.7 | NPPES [2] |
| Dialysis and infusion centers | 2 | 0.7 | NPPES [2] |
| Imaging centers | 1 | 0.3 | NPPES [2] |
| Mobile diagnostics | 1 | 0.3 | NPPES [2] |
| NEMT and ambulance | 1 | 0.3 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.3 | NPPES [2] |
| Clinical research sites | 1 | 0.3 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.3 | NPPES [2] |
| Medical equipment suppliers | 4 | CMS [4] | |
| Home health agencies | 3 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Home health carries 62 of the 321 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What Oakland County credit files already show
53 healthcare approvals averaging $577,785 set the deal shape lenders in Oakland County have already underwritten
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 53 | One published fiscal year, healthcare borrowers only [5] |
| Total approved capital | $30,622,600 | Approved, not disbursed, and not net of withdrawals [5] |
| Mean deal size | $577,785 | A mean, so one large approval moves it [5] |
| Lenders sited in the county | 814 | Credit intermediation offices sited in the county [6] |
The consequence of these numbers
109.2 per 10,000 is the first number a credit analyst converts into a realistic new-patient count. 53 approvals worth $30,622,600 in Oakland County means the size you are asking for has a local precedent to point at. With $65,882 as the median household income, the payer mix in a projection has to match what Oak Park households actually spend.
Where a file from this town usually lands
- Practice acquisition
- Medical receivables factoring
- Working capital term loan
- Startup and de novo
- Healthcare AR line and payroll funding
The 29 fields practicing locally set this order. A funding partner, not this list, decides what is available in Michigan.
Underwriting by field in Oak Park
home health, physical, occupational, and speech therapy, dme and hme suppliers account for most of what is enumerated in Oak Park, so those are the files funders see from this town
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Home health (62) | Medicare certification first, Payer mix second, Days in accounts receivable third | Payroll between visit and remittance |
| Physical, occupational, and speech therapy (58) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| DME and HME suppliers (25) | Accreditation and surety bond status, Rental versus sale revenue split, Denial rate and documentation quality | Inventory and rental fleet |
Counts in the first column are Oak Park providers from NPPES. The other two columns describe how funders read that field across markets like Oak Park, not what any funder will do with your file.
How Oak Park prices against its neighbors
Density is the number that moves an appraisal: 109.2 per 10,000 here
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Oak Park (current) | 29,402 | 321 | 109.2 | |
| Berkley | 15,313 | 174 | 113.6 | 2 |
| Ferndale | 19,431 | 204 | 105.0 | 3 |
| Royal Oak | 58,251 | 1,246 | 213.9 | 3 |
| Hazel Park | 15,064 | 87 | 57.8 | 4 |
| Beverly Hills | 10,552 | 93 | 88.1 | 5 |
| Clawson | 11,440 | 119 | 104.0 | 5 |
What the geography does to a Oak Park projection
7 miles separate Oak Park from Detroit-Warren-Dearborn, MI. Lease pricing follows Detroit-Warren-Dearborn, MI, while revenue stays capped by the 29,402 residents here. At $65,882 median household income, the elective and cash-pay share of a projection is the line that gets tested first. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed. Higher education here explains why summer looks unlike the rest of the year.
Other Michigan markets
- Berkley 15,313 residents
- Ferndale 19,431 residents
- Royal Oak 58,251 residents
- Hazel Park 15,064 residents
- Beverly Hills 10,552 residents
- Clawson 11,440 residents
Oak Park owners, answered
01How many providers practice in Oak Park, and in what?
NPPES lists 321 providers at a Oak Park practice address, 109.2 per 10,000 residents across 29 tracked fields. Home health accounts for 62 of them, 19 percent of the total, with physical, occupational, and speech therapy next at 58. Read that as clinicians: 321 enumerations, not 321 owners.
02What does Oakland County's shortage designation change?
HRSA designates Oakland County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Oak Park and evidences a staffing ramp in a 29,402 resident market.
03Which fields carry the volume in Oak Park?
The 29 enumerated fields are led by home health at 62, with physical, occupational, and speech therapy at 58 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
04What does SBA lending look like around Oak Park?
$30,622,600 went to healthcare borrowers in Oakland County across 53 approvals, $577,785 on average. Deals near Oak Park get sized against that record before anything else.
05Is Oak Park underwritten as part of Detroit-Warren-Dearborn, MI?
Comparables and demand split at 7 miles. An appraiser prices the lease and the equipment off Detroit-Warren-Dearborn, MI; the revenue line has to hold up against 29,402 local residents.
06Is there local lending capacity in Oakland County?
County Business Patterns records 814 credit intermediation establishments in Oakland County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Oak Park 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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