New Jersey micro-market
Healthcare practice financing in Hackettstown, New Jersey
Direct answer
Density decides a lot here. Hackettstown runs 298.6 providers per 10,000 residents, 304 clinicians against 10,182 people, 23 percent of them in physical, occupational, and speech therapy, while Warren County lenders have approved 2 healthcare files worth $203,700 and the nearest metro is 39 miles out.
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 New Jersey, and how many partners see it, is set out on the New Jersey page.
- Population: 10,182 residents (10K-25K band)1
- Healthcare providers registered here: 304 across 27 fields2
- Median household income: $91,2503
- Largest provider field: Physical, occupational, and speech therapy: 71 registered providers2
- Medicare-certified providers in town: 3 across 3 categories4
- Nearest metro: Allentown-Bethlehem-Easton, PA-NJ, 39 miles1
Fields practicing inside Hackettstown
Counted at the town's own addresses: 304 providers, 27 fields, 298.6 clinicians per 10,000 of the 10,182 residents here
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 71 | 69.7 | NPPES [2] |
| Specialty physician groups | 46 | 45.2 | NPPES [2] |
| General dentistry | 23 | 22.6 | NPPES [2] |
| Primary care and family medicine | 18 | 17.7 | NPPES [2] |
| Chiropractic | 16 | 15.7 | NPPES [2] |
| Optometry and ophthalmology | 15 | 14.7 | NPPES [2] |
| Behavioral and mental health group practices | 15 | 14.7 | NPPES [2] |
| ABA and autism therapy | 14 | 13.7 | NPPES [2] |
| DME and HME suppliers | 10 | 9.8 | NPPES [2] |
| Home health | 10 | 9.8 | NPPES [2] |
| Independent pharmacy | 10 | 9.8 | NPPES [2] |
| Dental specialties | 8 | 7.9 | NPPES [2] |
| Imaging centers | 7 | 6.9 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 7 | 6.9 | NPPES [2] |
| Dermatology | 6 | 5.9 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 5 | 4.9 | NPPES [2] |
| Podiatry | 4 | 3.9 | NPPES [2] |
| NEMT and ambulance | 4 | 3.9 | NPPES [2] |
| Med spa and aesthetics | 3 | 2.9 | NPPES [2] |
| Dialysis and infusion centers | 3 | 2.9 | NPPES [2] |
| Non-medical home care | 2 | 2.0 | NPPES [2] |
| Telehealth and virtual clinics | 2 | 2.0 | NPPES [2] |
| Urgent care | 1 | 1.0 | NPPES [2] |
| ASCs and OBLs | 1 | 1.0 | NPPES [2] |
| Hospice and palliative | 1 | 1.0 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 1 | 1.0 | NPPES [2] |
| Occupational health and drug testing | 1 | 1.0 | NPPES [2] |
| Medical equipment suppliers | 8 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
A single Hackettstown practice can hold more than one of these numbers. 23 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
The lending record behind Hackettstown
2 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 | 2 | Fiscal year published in the SBA file [5] |
| Dollars behind them | $203,700 | Sum of approvals to healthcare borrowers [5] |
| Typical approval size | $101,850 | Dollars divided by approvals [5] |
| Credit offices operating locally | 39 | Credit intermediation establishments, NAICS 522 [6] |
What the two tables above change about a file
At 298.6 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A short county record of 2 approvals usually means more documentation and a lower advance against the same collateral. With $91,250 as the median household income, the payer mix in a projection has to match what Hackettstown households actually spend.
Programs the Hackettstown mix reaches for
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
Weighted by how often each of the 27 local fields reaches for a program, not by what is easiest to refer. New Jersey rules and the partner decide availability.
Underwriting by field in Hackettstown
What a funder opens first depends on the field. In Hackettstown that means physical, occupational, and speech therapy, specialty physician groups, general dentistry.
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (71) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (46) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| General dentistry (23) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
NPPES supplies the Hackettstown counts. The reading columns describe the field in general, and no partner reviewing a Hackettstown file is bound by them.
How Hackettstown prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Hackettstown has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Hackettstown (current) | 10,182 | 304 | 298.6 | |
| Hopatcong | 14,750 | 25 | 16.9 | 11 |
| Dover | 18,909 | 145 | 76.7 | 14 |
| Morristown | 20,732 | 845 | 407.6 | 19 |
| Madison | 16,555 | 139 | 84.0 | 22 |
| Phillipsburg | 15,393 | 359 | 233.2 | 22 |
| Florham Park | 14,533 | 286 | 196.8 | 23 |
Distance, income, and the wage floor around Hackettstown
Allentown-Bethlehem-Easton, PA-NJ lies 39 miles from Hackettstown, close enough for rent comparables to travel and far enough that patient draw does not. Households here carry $91,250 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. Because a certified hospital sits inside the town, both the referral path and the pay a clinical hire expects are already observable. A college in Hackettstown puts a term-shaped curve into monthly collections.
Other New Jersey markets
- Hopatcong 14,750 residents
- Dover 18,909 residents
- Morristown 20,732 residents
- Madison 16,555 residents
- Phillipsburg 15,393 residents
- Florham Park 14,533 residents
Questions from Hackettstown
01How many providers practice in Hackettstown, and in what?
NPPES lists 304 providers at a Hackettstown practice address, 298.6 per 10,000 residents across 27 tracked fields. Physical, occupational, and speech therapy accounts for 71 of them, 23 percent of the total, with specialty physician groups next at 46. Read that as clinicians: 304 enumerations, not 304 owners.
02What does Warren County's shortage designation change?
HRSA designates Warren County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Hackettstown and evidences a staffing ramp in a 10,182 resident market.
03Why does Warren County show so little SBA activity?
Only 2 healthcare approvals appear for Warren County in the published 7(a) and 504 file. Thin volume in Warren County is a transaction count, not a verdict on borrowers here. The county still holds 39 credit intermediation establishments.
04Is Hackettstown underwritten as part of Allentown-Bethlehem-Easton, PA-NJ?
Partly. Allentown-Bethlehem-Easton, PA-NJ is 39 miles out, so rent and equipment comparables travel in from there while patients still come from the 10,182 residents around Hackettstown. Cost side metro, revenue side local.
05How does the hospital in Hackettstown affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 3 Medicare-certified providers in total. A Hackettstown projection that names the call arrangement reads better than one that assumes it.
06Is there local lending capacity in Warren County?
County Business Patterns records 39 credit intermediation establishments in Warren County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Hackettstown 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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