Missouri micro-market
Healthcare practice financing in Carthage, Missouri
Direct answer
A Carthage file is read against 102 local clinicians, 65.0 for every 10,000 of its 15,703 residents, 20 percent of them in physical, occupational, and speech therapy, plus the 1 SBA healthcare approvals worth $275,000 already recorded in Jasper County, 11 miles from Joplin, MO-KS.
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- Population: 15,703 residents (10K-25K band)1
- Healthcare providers registered here: 102 across 21 fields2
- Median household income: $50,8493
- Largest provider field: Physical, occupational, and speech therapy: 20 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Joplin, MO-KS, 11 miles1
The provider census in Carthage
Counted at the town's own addresses: 102 providers, 21 fields, 65.0 clinicians per 10,000 of the 15,703 residents here
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 20 | 12.7 | NPPES [2] |
| Primary care and family medicine | 15 | 9.6 | NPPES [2] |
| General dentistry | 15 | 9.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 9 | 5.7 | NPPES [2] |
| Optometry and ophthalmology | 8 | 5.1 | NPPES [2] |
| Non-medical home care | 6 | 3.8 | NPPES [2] |
| Chiropractic | 5 | 3.2 | NPPES [2] |
| Home health | 4 | 2.5 | NPPES [2] |
| DME and HME suppliers | 3 | 1.9 | NPPES [2] |
| Independent pharmacy | 3 | 1.9 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 2 | 1.3 | NPPES [2] |
| Specialty physician groups | 2 | 1.3 | NPPES [2] |
| Clinical and toxicology labs | 2 | 1.3 | NPPES [2] |
| Podiatry | 1 | 0.6 | NPPES [2] |
| IDD services | 1 | 0.6 | NPPES [2] |
| Pain management and interventional | 1 | 0.6 | NPPES [2] |
| Dental specialties | 1 | 0.6 | NPPES [2] |
| NEMT and ambulance | 1 | 0.6 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.6 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 3 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
A single Carthage practice can hold more than one of these numbers. 20 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
Jasper County approvals, dollars, and lending establishments
With 1 healthcare approvals recorded, Jasper County gives a valuation almost nothing local to lean on
| Line | Amount | Reading and source |
|---|---|---|
| SBA healthcare approvals | 1 | Counted for the fiscal year the SBA publishes [5] |
| Approved dollars | $275,000 | Everything approved to healthcare borrowers, added up [5] |
| Average approval | $275,000 | The dollar column over the approval column [5] |
| Lending establishments in the county | 96 | Places that write credit locally, NAICS 522 [6] |
Reading Carthage the way a credit committee does
Density of 65.0 per 10,000 sets the patient draw a projection can claim without an argument. With 1 approvals on record in Jasper County, expect a longer appraisal and a wider collateral discount. With $50,849 as the median household income, the payer mix in a projection has to match what Carthage households actually spend.
Programs the Carthage mix reaches for
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Working capital term loan
- Equipment financing and leasing
The order comes from Carthage's own provider mix, which physical, occupational, and speech therapy dominates at 20 percent. What a partner can actually place in Missouri is a separate question.
What a funder reads first in Carthage
physical, occupational, and speech therapy, primary care and family medicine, general dentistry account for most of what is enumerated in Carthage, so those are the files funders see from this town
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (20) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (15) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| General dentistry (15) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Column one counts Carthage clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Carthage file differently.
Density beside the neighboring Missouri towns
Density is the number that moves an appraisal: 65.0 per 10,000 here
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Carthage (current) | 15,703 | 102 | 65.0 | |
| Joplin | 53,605 | 747 | 139.4 | 11 |
| Neosho | 13,782 | 112 | 81.3 | 21 |
| Monett | 10,108 | 113 | 111.8 | 27 |
| Republic | 21,392 | 79 | 36.9 | 50 |
| Nixa | 26,352 | 179 | 67.9 | 57 |
| Bolivar | 11,549 | 174 | 150.7 | 59 |
How Carthage sits against the nearest metro
Distance to Joplin, MO-KS is 11 miles. Appraisers borrow Joplin, MO-KS rents, and the 15,703 residents set the ceiling on collections. Median household income runs $50,849, which is the number a funder converts into case acceptance on anything elective or cash-pay. Because a certified hospital sits inside the town, both the referral path and the pay a clinical hire expects are already observable. Campus terms, not calendar quarters, set the busy months in Carthage. Carthage is the Jasper County seat, so county employment steadies the payer mix.
Nearby Missouri towns
Questions from Carthage
01How many providers practice in Carthage, and in what?
102 enumerations sit at Carthage addresses in the monthly NPPES file, working out to 65.0 for every 10,000 residents. 20 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 15. An enumeration is a clinician, so the 102 here cover fewer than 102 practices.
02Why does Jasper County show so little SBA activity?
Jasper County shows 1 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. 96 lending establishments operate locally.
03Is Carthage underwritten as part of Joplin, MO-KS?
Comparables and demand split at 11 miles. An appraiser prices the lease and the equipment off Joplin, MO-KS; the revenue line has to hold up against 15,703 local residents.
04What does Jasper County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Jasper County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 15,703 residents gets past the question of who would take the job.
05How does the hospital in Carthage 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. 1 Medicare-certified providers are located here in total. It also sets the wage floor behind every hire in a 65.0 per 10,000 market.
06What does a $50,849 median income mean for case acceptance?
Median household income in Carthage runs $50,849. 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
- 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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