New Jersey micro-market
Healthcare practice financing in Phillipsburg, New Jersey
Direct answer
15,393 residents, 359 enumerated clinicians, 233.2 per 10,000, 24 percent of them in physical, occupational, and speech therapy: that is the Phillipsburg market a funder prices. Warren County adds 2 healthcare approvals worth $203,700 and 17 miles of distance to Allentown-Bethlehem-Easton, PA-NJ.
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: 15,393 residents (10K-25K band)1
- Healthcare providers registered here: 359 across 29 fields2
- Median household income: $67,7823
- Largest provider field: Physical, occupational, and speech therapy: 86 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Allentown-Bethlehem-Easton, PA-NJ, 17 miles1
The provider census in Phillipsburg
233.2 providers per 10,000 residents is what 359 enumerations across 29 fields works out to in a town of 15,393
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 86 | 55.9 | NPPES [2] |
| Primary care and family medicine | 54 | 35.1 | NPPES [2] |
| Behavioral and mental health group practices | 29 | 18.8 | NPPES [2] |
| Specialty physician groups | 28 | 18.2 | NPPES [2] |
| General dentistry | 27 | 17.5 | NPPES [2] |
| Chiropractic | 18 | 11.7 | NPPES [2] |
| Optometry and ophthalmology | 18 | 11.7 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 13 | 8.4 | NPPES [2] |
| ABA and autism therapy | 12 | 7.8 | NPPES [2] |
| Non-medical home care | 10 | 6.5 | NPPES [2] |
| Independent pharmacy | 8 | 5.2 | NPPES [2] |
| Dental specialties | 7 | 4.5 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 7 | 4.5 | NPPES [2] |
| Home health | 6 | 3.9 | NPPES [2] |
| DME and HME suppliers | 5 | 3.2 | NPPES [2] |
| Podiatry | 4 | 2.6 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 4 | 2.6 | NPPES [2] |
| ASCs and OBLs | 3 | 1.9 | NPPES [2] |
| SUD treatment and residential | 3 | 1.9 | NPPES [2] |
| Audiology and hearing centers | 3 | 1.9 | NPPES [2] |
| Med spa and aesthetics | 3 | 1.9 | NPPES [2] |
| Dialysis and infusion centers | 3 | 1.9 | NPPES [2] |
| NEMT and ambulance | 2 | 1.3 | NPPES [2] |
| Urgent care | 1 | 0.6 | NPPES [2] |
| Imaging centers | 1 | 0.6 | NPPES [2] |
| Pain management and interventional | 1 | 0.6 | NPPES [2] |
| Fertility and IVF | 1 | 0.6 | NPPES [2] |
| Plastic and cosmetic surgery | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 8 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 86 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
The lending record behind Phillipsburg
With 2 healthcare approvals recorded, Warren County gives a valuation almost nothing local to lean on
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 2 | Fiscal year published in the SBA file [5] |
| Total approved capital | $203,700 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $101,850 | Dollars divided by approvals [5] |
| Lenders sited in the county | 39 | Credit intermediation establishments, NAICS 522 [6] |
The consequence of these numbers
The ratio that matters up front is 233.2 per 10,000, which decides whether a ramp schedule reads as conservative. Warren County has 2 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $67,782 as the median household income, the payer mix in a projection has to match what Phillipsburg households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Working capital term loan
- Equipment financing and leasing
The 29 fields practicing locally set this order. A funding partner, not this list, decides what is available in New Jersey.
Underwriting by field in Phillipsburg
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, behavioral and mental health group practices
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (86) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (54) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Behavioral and mental health group practices (29) | Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposure | Working capital through the credentialing lag |
The first column is Phillipsburg's own NPPES count. The rest is how the field is generally underwritten, whether the address is Phillipsburg or anywhere else.
Density beside the neighboring New Jersey towns
Comparables travel. These are the New Jersey towns whose density, at 233.2 per 10,000 here, gets weighed beside this one.
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Phillipsburg (current) | 15,393 | 359 | 233.2 | |
| Hackettstown | 10,182 | 304 | 298.6 | 22 |
| Somerville | 14,428 | 285 | 197.5 | 31 |
| Hopatcong | 14,750 | 25 | 16.9 | 32 |
| Manville | 11,031 | 29 | 26.3 | 33 |
| Bound Brook | 12,643 | 94 | 74.3 | 35 |
| Dover | 18,909 | 145 | 76.7 | 35 |
What the geography does to a Phillipsburg projection
17 miles separate Phillipsburg from Allentown-Bethlehem-Easton, PA-NJ. Lease pricing follows Allentown-Bethlehem-Easton, PA-NJ, while revenue stays capped by the 15,393 residents here. At $67,782 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Wages here are anchored by the Medicare-certified hospital in town, which is what a staffing line gets measured against.
Other New Jersey markets
- Hackettstown 10,182 residents
- Somerville 14,428 residents
- Hopatcong 14,750 residents
- Manville 11,031 residents
- Bound Brook 12,643 residents
- Dover 18,909 residents
Questions from Phillipsburg
01How many providers practice in Phillipsburg, and in what?
NPPES lists 359 providers at a Phillipsburg practice address, 233.2 per 10,000 residents across 29 tracked fields. Physical, occupational, and speech therapy accounts for 86 of them, 24 percent of the total, with primary care and family medicine next at 54. Read that as clinicians: 359 enumerations, not 359 owners.
02What does Warren County's shortage designation change?
Warren County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Phillipsburg can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
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.
04How does the hospital in Phillipsburg affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 1 Medicare-certified providers in total. A Phillipsburg projection that names the call arrangement reads better than one that assumes it.
05Is Phillipsburg underwritten as part of Allentown-Bethlehem-Easton, PA-NJ?
Allentown-Bethlehem-Easton, PA-NJ sits 17 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Allentown-Bethlehem-Easton, PA-NJ; the 15,393 residents set the ceiling a projection can defend.
06Which fields carry the volume in Phillipsburg?
Volume concentrates in physical, occupational, and speech therapy, 86 of them, ahead of primary care and family medicine at 54, across 29 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
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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