Minnesota micro-market
Healthcare practice financing in Cottage Grove, Minnesota
Direct answer
42,760 residents, 177 enumerated clinicians, 41.4 per 10,000, 20 percent of them in physical, occupational, and speech therapy: that is the Cottage Grove market a funder prices. Washington County adds 8 healthcare approvals worth $2,149,000 and 20 miles of distance to Minneapolis-St. Paul-Bloomington, MN-WI.
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 Minnesota, and how many partners see it, is set out on the Minnesota page.
- Population: 42,760 residents (25K-50K band)1
- Healthcare providers registered here: 177 across 19 fields2
- Median household income: $121,4523
- Largest provider field: Physical, occupational, and speech therapy: 36 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Minneapolis-St. Paul-Bloomington, MN-WI, 20 miles1
The clinical base a lender can verify here
Counted at the town's own addresses: 177 providers, 19 fields, 41.4 clinicians per 10,000 of the 42,760 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 36 | 8.4 | NPPES [2] |
| Chiropractic | 29 | 6.8 | NPPES [2] |
| Primary care and family medicine | 29 | 6.8 | NPPES [2] |
| Home health | 19 | 4.4 | NPPES [2] |
| General dentistry | 15 | 3.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 13 | 3.0 | NPPES [2] |
| Optometry and ophthalmology | 9 | 2.1 | NPPES [2] |
| Independent pharmacy | 6 | 1.4 | NPPES [2] |
| DME and HME suppliers | 5 | 1.2 | NPPES [2] |
| Dental specialties | 5 | 1.2 | NPPES [2] |
| SUD treatment and residential | 2 | 0.5 | NPPES [2] |
| Non-medical home care | 2 | 0.5 | NPPES [2] |
| Urgent care | 1 | 0.2 | NPPES [2] |
| NEMT and ambulance | 1 | 0.2 | NPPES [2] |
| ABA and autism therapy | 1 | 0.2 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.2 | NPPES [2] |
| Behavioral and mental health group practices | 1 | 0.2 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.2 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.2 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 36 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Loan activity in Washington County
The county file holds 8 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 8 | Counted for the fiscal year the SBA publishes [5] |
| Total approved capital | $2,149,000 | Everything approved to healthcare borrowers, added up [5] |
| Mean deal size | $268,625 | The dollar column over the approval column [5] |
| Lenders sited in the county | 124 | Places that write credit locally, NAICS 522 [6] |
How this data lands in an underwriting decision
Density of 41.4 per 10,000 sets the patient draw a projection can claim without an argument. Washington County has 8 approvals to compare against, so plan for extra appraisal time and a conservative valuation. A $121,452 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
- Expansion, relocation, and build-out
- Equipment financing and leasing
Ranked from the 19 fields that actually practice in Cottage Grove, weighted toward physical, occupational, and speech therapy. Availability still depends on Minnesota and on the funding partner.
Underwriting by field in Cottage Grove
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, chiropractic, primary care and family medicine
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (36) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (29) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| Primary care and family medicine (29) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
Column one counts Cottage Grove clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Cottage Grove file differently.
Density beside the neighboring Minnesota towns
Comparables travel. These are the Minnesota towns whose density, at 41.4 per 10,000 here, gets weighed beside this one.
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Cottage Grove (current) | 42,760 | 177 | 41.4 | |
| Hastings | 22,502 | 179 | 79.5 | 6 |
| Woodbury | 80,596 | 1,002 | 124.3 | 6 |
| Inver Grove Heights | 36,226 | 206 | 56.9 | 7 |
| Rosemount | 30,581 | 100 | 32.7 | 9 |
| Lake Elmo | 14,161 | 104 | 73.4 | 12 |
| Mendota Heights | 11,542 | 126 | 109.2 | 12 |
What the geography does to a Cottage Grove projection
20 miles separate Cottage Grove from Minneapolis-St. Paul-Bloomington, MN-WI. Lease pricing follows Minneapolis-St. Paul-Bloomington, MN-WI, while revenue stays capped by the 42,760 residents here. At $121,452 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.
More of Minnesota
- Hastings 22,502 residents
- Woodbury 80,596 residents
- Inver Grove Heights 36,226 residents
- Rosemount 30,581 residents
- Lake Elmo 14,161 residents
- Mendota Heights 11,542 residents
What owners in Cottage Grove ask
01How many providers practice in Cottage Grove, and in what?
177 enumerations sit at Cottage Grove addresses in the monthly NPPES file, working out to 41.4 for every 10,000 residents. 20 percent of them are physical, occupational, and speech therapy, and chiropractic follows with 29. An enumeration is a clinician, so the 177 here cover fewer than 177 practices.
02What does a $121,452 median income mean for case acceptance?
Median household income in Cottage Grove runs $121,452. 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.
03What does Washington County's shortage designation change?
Designated for primary care, dental, mental health, Washington 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.
04Why does Washington County show so little SBA activity?
Washington County shows 8 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. 124 lending establishments operate locally.
05Which fields carry the volume in Cottage Grove?
Volume concentrates in physical, occupational, and speech therapy, 36 of them, ahead of chiropractic at 29, across 19 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
06Is Cottage Grove underwritten as part of Minneapolis-St. Paul-Bloomington, MN-WI?
Comparables and demand split at 20 miles. An appraiser prices the lease and the equipment off Minneapolis-St. Paul-Bloomington, MN-WI; the revenue line has to hold up against 42,760 local residents.
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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