New York micro-market
Healthcare practice financing in Binghamton, New York
Direct answer
46,773 residents, 541 enumerated clinicians, 115.7 per 10,000, 29 percent of them in physical, occupational, and speech therapy: that is the Binghamton market a funder prices. Broome County adds 1 healthcare approvals worth $25,000 and 0 miles of distance to Binghamton, NY.
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 York, and how many partners see it, is set out on the New York page.
- Population: 46,773 residents (25K-50K band)1
- Healthcare providers registered here: 541 across 27 fields2
- Median household income: $44,3313
- Largest provider field: Physical, occupational, and speech therapy: 157 registered providers2
- Medicare-certified providers in town: 2 across 1 categories4
- Nearest metro: Binghamton, NY, 0 miles1
Fields practicing inside Binghamton
115.7 providers per 10,000 residents is what 541 enumerations across 27 fields works out to in a town of 46,773
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 157 | 33.6 | NPPES [2] |
| Specialty physician groups | 76 | 16.2 | NPPES [2] |
| Behavioral and mental health group practices | 50 | 10.7 | NPPES [2] |
| Primary care and family medicine | 47 | 10.0 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 45 | 9.6 | NPPES [2] |
| General dentistry | 36 | 7.7 | NPPES [2] |
| Podiatry | 14 | 3.0 | NPPES [2] |
| DME and HME suppliers | 13 | 2.8 | NPPES [2] |
| Chiropractic | 13 | 2.8 | NPPES [2] |
| Independent pharmacy | 13 | 2.8 | NPPES [2] |
| Optometry and ophthalmology | 12 | 2.6 | NPPES [2] |
| Dental specialties | 11 | 2.4 | NPPES [2] |
| Home health | 7 | 1.5 | NPPES [2] |
| Med spa and aesthetics | 7 | 1.5 | NPPES [2] |
| Plastic and cosmetic surgery | 7 | 1.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 7 | 1.5 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 5 | 1.1 | NPPES [2] |
| Audiology and hearing centers | 4 | 0.9 | NPPES [2] |
| Dialysis and infusion centers | 4 | 0.9 | NPPES [2] |
| Non-medical home care | 3 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 3 | 0.6 | NPPES [2] |
| Occupational health and drug testing | 2 | 0.4 | NPPES [2] |
| Sleep centers | 1 | 0.2 | NPPES [2] |
| SUD treatment and residential | 1 | 0.2 | NPPES [2] |
| NEMT and ambulance | 1 | 0.2 | NPPES [2] |
| ABA and autism therapy | 1 | 0.2 | NPPES [2] |
| Hospice and palliative | 1 | 0.2 | NPPES [2] |
| Medical equipment suppliers | 17 | CMS [4] | |
| Dialysis facilities | 2 | CMS [4] |
Physical, occupational, and speech therapy carries 157 of the 541 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What Broome County credit files already show
The county file holds 1 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| Line | Amount | Reading and source |
|---|---|---|
| Approvals on record | 1 | Fiscal year published in the SBA file [5] |
| Total approved capital | $25,000 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $25,000 | Dollars divided by approvals [5] |
| Lenders sited in the county | 75 | Credit intermediation establishments, NAICS 522 [6] |
How this data lands in an underwriting decision
Density of 115.7 per 10,000 sets the patient draw a projection can claim without an argument. With 1 approvals on record in Broome County, expect a longer appraisal and a wider collateral discount. A $44,331 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Working capital term loan
- Equipment financing and leasing
Weighted by how often each of the 27 local fields reaches for a program, not by what is easiest to refer. New York rules and the partner decide availability.
Underwriting by field in Binghamton
physical, occupational, and speech therapy, specialty physician groups, behavioral and mental health group practices account for most of what is enumerated in Binghamton, so those are the files funders see from this town
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (157) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (76) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Behavioral and mental health group practices (50) | 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 Binghamton's own NPPES count. The rest is how the field is generally underwritten, whether the address is Binghamton or anywhere else.
Binghamton against nearby New York markets
Density is the number that moves an appraisal: 115.7 per 10,000 here
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Binghamton (current) | 46,773 | 541 | 115.7 | |
| Endicott | 13,199 | 130 | 98.5 | 8 |
| Cortland | 17,459 | 317 | 181.6 | 37 |
| Ithaca | 33,768 | 663 | 196.3 | 39 |
| Elmira | 26,255 | 503 | 191.6 | 46 |
| Oneonta | 15,679 | 196 | 125.0 | 50 |
| Corning | 10,605 | 175 | 165.0 | 59 |
How Binghamton sits against the nearest metro
0 miles separate Binghamton from Binghamton, NY. Lease pricing follows Binghamton, NY, while revenue stays capped by the 46,773 residents here. Median household income runs $44,331, which is the number a funder converts into case acceptance on anything elective or cash-pay. A Medicare-certified hospital operates here, so referral flow is verifiable and the clinical wage floor is already set. A college in Binghamton puts a term-shaped curve into monthly collections. Binghamton is the Broome County seat, so county employment steadies the payer mix.
Other New York markets
Questions from Binghamton
01How many providers practice in Binghamton, and in what?
NPPES lists 541 providers at a Binghamton practice address, 115.7 per 10,000 residents across 27 tracked fields. Physical, occupational, and speech therapy accounts for 157 of them, 29 percent of the total, with specialty physician groups next at 76. Read that as clinicians: 541 enumerations, not 541 owners.
02What does Broome County's shortage designation change?
Broome County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Binghamton can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Why does Broome County show so little SBA activity?
Only 1 healthcare approvals appear for Broome County in the published 7(a) and 504 file. Thin volume in Broome County is a transaction count, not a verdict on borrowers here. The county still holds 75 credit intermediation establishments.
04How does the hospital in Binghamton affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 2 Medicare-certified providers in total. A Binghamton projection that names the call arrangement reads better than one that assumes it.
05Is Binghamton underwritten as part of Binghamton, NY?
Partly. Binghamton, NY is 0 miles out, so rent and equipment comparables travel in from there while patients still come from the 46,773 residents around Binghamton. Cost side metro, revenue side local.
06Which fields carry the volume in Binghamton?
Physical, occupational, and speech therapy at 157 providers and specialty physician groups at 76 lead the 27 fields enumerated here. A funder reads that mix as the local competition set and the local hiring pool at once, before it reads a single line of your own numbers.
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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