North Carolina micro-market
Healthcare practice financing in Albemarle, North Carolina
Direct answer
Stanly County carries 0 SBA healthcare approvals worth $0, and inside Albemarle the census shows 278 enumerated clinicians against 17,344 residents, 160.3 per 10,000, 16 percent of them in physical, occupational, and speech therapy. Charlotte-Concord-Gastonia, NC-SC lies 38 miles away.
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 North Carolina, and how many partners see it, is set out on the North Carolina page.
- Population: 17,344 residents (10K-25K band)1
- Healthcare providers registered here: 278 across 23 fields2
- Median household income: $52,8253
- Largest provider field: Physical, occupational, and speech therapy: 45 registered providers2
- Medicare-certified providers in town: 4 across 3 categories4
- Nearest metro: Charlotte-Concord-Gastonia, NC-SC, 38 miles1
Fields practicing inside Albemarle
160.3 providers per 10,000 residents is what 278 enumerations across 23 fields works out to in a town of 17,344
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 45 | 25.9 | NPPES [2] |
| Specialty physician groups | 33 | 19.0 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 30 | 17.3 | NPPES [2] |
| Behavioral and mental health group practices | 29 | 16.7 | NPPES [2] |
| Primary care and family medicine | 24 | 13.8 | NPPES [2] |
| Home health | 20 | 11.5 | NPPES [2] |
| DME and HME suppliers | 18 | 10.4 | NPPES [2] |
| Optometry and ophthalmology | 13 | 7.5 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 12 | 6.9 | NPPES [2] |
| General dentistry | 11 | 6.3 | NPPES [2] |
| Chiropractic | 10 | 5.8 | NPPES [2] |
| Independent pharmacy | 8 | 4.6 | NPPES [2] |
| Non-medical home care | 6 | 3.5 | NPPES [2] |
| Dermatology | 3 | 1.7 | NPPES [2] |
| Audiology and hearing centers | 3 | 1.7 | NPPES [2] |
| Clinical research sites | 3 | 1.7 | NPPES [2] |
| Podiatry | 2 | 1.2 | NPPES [2] |
| ABA and autism therapy | 2 | 1.2 | NPPES [2] |
| Hospice and palliative | 2 | 1.2 | NPPES [2] |
| NEMT and ambulance | 1 | 0.6 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.6 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.6 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Home health agencies | 2 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 45 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
What Stanly County credit files already show
0 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Measure | Published figure | What sits behind it |
|---|---|---|
| Healthcare files approved | 0 | One published fiscal year, healthcare borrowers only [5] |
| Dollars behind them | $0 | Approved, not disbursed, and not net of withdrawals [5] |
| Typical approval size | No approvals recorded | A mean, so one large approval moves it [5] |
| Credit offices operating locally | 32 | Credit intermediation offices sited in the county [6] |
How this data lands in an underwriting decision
160.3 per 10,000 is the first number a credit analyst converts into a realistic new-patient count. Stanly County has 0 approvals to compare against, so plan for extra appraisal time and a conservative valuation. Household income of $52,825 in Albemarle is the number a lender uses to sanity check the self-pay share of a revenue projection.
The programs this provider mix points at
- Practice acquisition
- Working capital term loan
- Expansion, relocation, and build-out
- Startup and de novo
- Equipment financing and leasing
Weighted by how often each of the 23 local fields reaches for a program, not by what is easiest to refer. North Carolina rules and the partner decide availability.
What a funder reads first in Albemarle
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, specialty physician groups, skilled nursing, assisted living, and memory care
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (45) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (33) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Skilled nursing, assisted living, and memory care (30) | Census and occupancy, Staffing reporting, Survey history | Working capital |
NPPES supplies the Albemarle counts. The reading columns describe the field in general, and no partner reviewing a Albemarle file is bound by them.
How Albemarle prices against its neighbors
Set Albemarle's 160.3 per 10,000 against the towns an appraiser would reach for next
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Albemarle (current) | 17,344 | 278 | 160.3 | |
| Harrisburg | 20,335 | 166 | 81.6 | 26 |
| Kannapolis | 60,521 | 307 | 50.7 | 27 |
| Salisbury | 36,579 | 747 | 204.2 | 27 |
| Mint Hill | 28,825 | 178 | 61.8 | 29 |
| Lexington | 19,904 | 362 | 181.9 | 31 |
| Asheboro | 27,928 | 411 | 147.2 | 32 |
Distance, income, and the wage floor around Albemarle
Charlotte-Concord-Gastonia, NC-SC lies 38 miles from Albemarle, close enough for rent comparables to travel and far enough that patient draw does not. At $52,825 median household income, the elective and cash-pay share of a projection is the line that gets tested first. A Medicare-certified hospital operates here, so referral flow is verifiable and the clinical wage floor is already set. A college in Albemarle puts a term-shaped curve into monthly collections. Albemarle is the Stanly County seat, so county employment steadies the payer mix.
More of North Carolina
- Harrisburg 20,335 residents
- Kannapolis 60,521 residents
- Salisbury 36,579 residents
- Mint Hill 28,825 residents
- Lexington 19,904 residents
- Asheboro 27,928 residents
What owners in Albemarle ask
01How many providers practice in Albemarle, and in what?
NPPES lists 278 providers at a Albemarle practice address, 160.3 per 10,000 residents across 23 tracked fields. Physical, occupational, and speech therapy accounts for 45 of them, 16 percent of the total, with specialty physician groups next at 33. Read that as clinicians: 278 enumerations, not 278 owners.
02What does Stanly County's shortage designation change?
Designated for primary care, dental, mental health, Stanly 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 Stanly County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Stanly County. That tracks how few Stanly County practices changed hands that year, not credit quality. 32 credit intermediation establishments operate in Stanly County, so the lending capacity is local even where the healthcare history is not.
04How does the hospital in Albemarle affect a practice file?
It makes the staffing and referral lines checkable. 4 Medicare-certified providers hold Albemarle addresses, and the hospital sets the wage a clinical hire is bid against in a 160.3 per 10,000 market.
05Which fields carry the volume in Albemarle?
Volume concentrates in physical, occupational, and speech therapy, 45 of them, ahead of specialty physician groups at 33, across 23 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
06Is Albemarle underwritten as part of Charlotte-Concord-Gastonia, NC-SC?
Partly. Charlotte-Concord-Gastonia, NC-SC is 38 miles out, so rent and equipment comparables travel in from there while patients still come from the 17,344 residents around Albemarle. Cost side metro, revenue side local.
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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