Missouri micro-market
Healthcare practice financing in Farmington, Missouri
Direct answer
344 healthcare providers hold a Farmington practice address, 179.5 per 10,000 of its 19,165 residents, 20 percent of them in physical, occupational, and speech therapy. St. Francois County recorded 1 SBA healthcare approvals worth $365,800, and Cape Girardeau, MO-IL sits 58 miles out.
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- Population: 19,165 residents (10K-25K band)1
- Healthcare providers registered here: 344 across 28 fields2
- Median household income: $49,8823
- Largest provider field: Physical, occupational, and speech therapy: 68 registered providers2
- Medicare-certified providers in town: 7 across 4 categories4
- Nearest metro: Cape Girardeau, MO-IL, 58 miles1
Farmington clinicians, by field
The NPPES file puts 344 enumerated clinicians inside Farmington, spread over 28 fields at 179.5 per 10,000 residents
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 68 | 35.5 | NPPES [2] |
| Primary care and family medicine | 49 | 25.6 | NPPES [2] |
| Specialty physician groups | 27 | 14.1 | NPPES [2] |
| Behavioral and mental health group practices | 25 | 13.0 | NPPES [2] |
| Home health | 22 | 11.5 | NPPES [2] |
| Chiropractic | 19 | 9.9 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 19 | 9.9 | NPPES [2] |
| General dentistry | 16 | 8.3 | NPPES [2] |
| DME and HME suppliers | 15 | 7.8 | NPPES [2] |
| Optometry and ophthalmology | 14 | 7.3 | NPPES [2] |
| ABA and autism therapy | 13 | 6.8 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 10 | 5.2 | NPPES [2] |
| Independent pharmacy | 9 | 4.7 | NPPES [2] |
| Dermatology | 4 | 2.1 | NPPES [2] |
| SUD treatment and residential | 4 | 2.1 | NPPES [2] |
| NEMT and ambulance | 4 | 2.1 | NPPES [2] |
| Podiatry | 3 | 1.6 | NPPES [2] |
| Dental specialties | 3 | 1.6 | NPPES [2] |
| Audiology and hearing centers | 3 | 1.6 | NPPES [2] |
| Non-medical home care | 3 | 1.6 | NPPES [2] |
| Dialysis and infusion centers | 3 | 1.6 | NPPES [2] |
| ASCs and OBLs | 2 | 1.0 | NPPES [2] |
| Hospice and palliative | 2 | 1.0 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 2 | 1.0 | NPPES [2] |
| Clinical and toxicology labs | 2 | 1.0 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.5 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.5 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.5 | NPPES [2] |
| Medical equipment suppliers | 13 | CMS [4] | |
| Hospice providers | 2 | CMS [4] | |
| Dialysis facilities | 2 | CMS [4] | |
| Home health agencies | 2 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 68 of the 344 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What St. Francois County credit files already show
1 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| What it measures | Value | How to read it |
|---|---|---|
| SBA healthcare approvals | 1 | One published fiscal year, healthcare borrowers only [5] |
| Approved dollars | $365,800 | Approved, not disbursed, and not net of withdrawals [5] |
| Average approval | $365,800 | A mean, so one large approval moves it [5] |
| Lending establishments in the county | 52 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
The ratio that matters up front is 179.5 per 10,000, which decides whether a ramp schedule reads as conservative. St. Francois County has 1 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $49,882 as the median household income, the payer mix in a projection has to match what Farmington households actually spend.
Where a file from this town usually lands
- Practice acquisition
- Working capital term loan
- Startup and de novo
- Expansion, relocation, and build-out
- Medical receivables factoring
The 28 fields practicing locally set this order. A funding partner, not this list, decides what is available in Missouri.
The first pages of a Farmington file
What a funder opens first depends on the field. In Farmington that means physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups.
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (68) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (49) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Specialty physician groups (27) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.
How Farmington prices against its neighbors
Set Farmington's 179.5 per 10,000 against the towns an appraiser would reach for next
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Farmington (current) | 19,165 | 344 | 179.5 | |
| Festus | 13,730 | 297 | 216.3 | 30 |
| Arnold | 21,036 | 373 | 177.3 | 45 |
| Jackson | 15,929 | 173 | 108.6 | 50 |
| Eureka | 13,277 | 121 | 91.1 | 51 |
| Kirkwood | 29,348 | 249 | 84.8 | 55 |
| Manchester | 18,122 | 113 | 62.4 | 55 |
How Farmington sits against the nearest metro
Distance to Cape Girardeau, MO-IL is 58 miles. That is close enough for rent in Farmington to be compared against the metro and far enough that patient draw is not. Median household income runs $49,882, 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. Farmington is the St. Francois County seat, so county employment steadies the payer mix.
More of Missouri
Farmington owners, answered
01How many providers practice in Farmington, and in what?
344 enumerations sit at Farmington addresses in the monthly NPPES file, working out to 179.5 for every 10,000 residents. 20 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 49. An enumeration is a clinician, so the 344 here cover fewer than 344 practices.
02What does St. Francois County's shortage designation change?
Designated for primary care, dental, mental health, St. Francois 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 St. Francois County show so little SBA activity?
The published file records 1 7(a) and 504 approvals to healthcare borrowers in St. Francois County. That tracks how few St. Francois County practices changed hands that year, not credit quality. 52 credit intermediation establishments operate in St. Francois County, so the lending capacity is local even where the healthcare history is not.
04Is Farmington underwritten as part of Cape Girardeau, MO-IL?
Cape Girardeau, MO-IL sits 58 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Cape Girardeau, MO-IL; the 19,165 residents set the ceiling a projection can defend.
05Is there local lending capacity in St. Francois County?
County Business Patterns records 52 credit intermediation establishments in St. Francois County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Farmington rents and resale before or by somebody working from a screen.
06How does the hospital in Farmington affect a practice file?
It makes the staffing and referral lines checkable. 7 Medicare-certified providers hold Farmington addresses, and the hospital sets the wage a clinical hire is bid against in a 179.5 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
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