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North Carolina micro-market

Healthcare practice financing in Elon, North Carolina

Direct answer

26 healthcare providers hold a Elon practice address, 23.0 per 10,000 of its 11,282 residents, 38 percent of them in primary care and family medicine. Alamance County recorded 4 SBA healthcare approvals worth $2,574,000, and Burlington, NC sits 3 miles out.

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  • Population: 11,282 residents (10K-25K band)1
  • Healthcare providers registered here: 26 across 7 fields2
  • Median household income: $82,7173
  • Largest provider field: Primary care and family medicine: 10 registered providers2
  • Nearest metro: Burlington, NC, 3 miles1
  • Higher education: At least one degree-granting institution is based here4

What NPPES records at Elon addresses

23.0 providers per 10,000 residents is what 26 enumerations across 7 fields works out to in a town of 11,282

Enumerated clinicians at Elon addresses
FieldProvidersPer 10,000 residentsSource
Primary care and family medicine108.9NPPES [2]
Physical, occupational, and speech therapy65.3NPPES [2]
Skilled nursing, assisted living, and memory care43.5NPPES [2]
Med spa and aesthetics21.8NPPES [2]
Specialty physician groups21.8NPPES [2]
ABA and autism therapy10.9NPPES [2]
Telehealth and virtual clinics10.9NPPES [2]

Primary care and family medicine carries 10 of the 26 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.

Alamance County approvals, dollars, and lending establishments

4 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set

Approvals recorded in Alamance County
What it measuresValueHow to read it
Approvals on record4Counted for the fiscal year the SBA publishes [5]
Total approved capital$2,574,000Everything approved to healthcare borrowers, added up [5]
Mean deal size$643,500The dollar column over the approval column [5]
Lenders sited in the county76Places that write credit locally, NAICS 522 [6]

What the two tables above change about a file

23.0 per 10,000 is the first number a credit analyst converts into a realistic new-patient count. With 4 approvals on record in Alamance County, expect a longer appraisal and a wider collateral discount. Household income of $82,717 in Elon is the number a lender uses to sanity check the self-pay share of a revenue projection.

Where a file from this town usually lands

The order comes from Elon's own provider mix, which primary care and family medicine dominates at 38 percent. What a partner can actually place in North Carolina is a separate question.

The first pages of a Elon file

primary care and family medicine, physical, occupational, and speech therapy, skilled nursing, assisted living, and memory care account for most of what is enumerated in Elon, so those are the files funders see from this town

Fields, files, and capital events in Elon
FieldWhat the file turns onThe capital event behind most requests
Primary care and family medicine (10)Panel size, Value-based contract exposure, Provider productivityAcquisition
Physical, occupational, and speech therapy (6)Visits per case, Referral source concentration, Payer mix and authorization rulesStartup or expansion clinic
Skilled nursing, assisted living, and memory care (4)Census and occupancy, Staffing reporting, Survey historyWorking capital

The first column is Elon's own NPPES count. The rest is how the field is generally underwritten, whether the address is Elon or anywhere else.

Elon against nearby North Carolina markets

Density is the number that moves an appraisal: 23.0 per 10,000 here

Residents, providers, and distance across nearby towns
TownResidentsProvidersPer 10,000Miles away
Elon (current)11,2822623.0
Burlington61,365762124.23
Graham19,31110855.97
Mebane20,65413665.813
Reidsville14,646227155.019
Summerfield11,3335346.823
Carrboro21,07915573.526

What the geography does to a Elon projection

3 miles separate Elon from Burlington, NC. Lease pricing follows Burlington, NC, while revenue stays capped by the 11,282 residents here. Median household income runs $82,717, which is the number a funder converts into case acceptance on anything elective or cash-pay. Referral flow comes from outside Elon, which a projection needs to state plainly. A degree-granting institution here moves volume on the academic calendar.

More of North Carolina

What owners in Elon ask

01

How many providers practice in Elon, and in what?

NPPES lists 26 providers at a Elon practice address, 23.0 per 10,000 residents across 7 tracked fields. Primary care and family medicine accounts for 10 of them, 38 percent of the total, with physical, occupational, and speech therapy next at 6. Read that as clinicians: 26 enumerations, not 26 owners.

02

Why does Alamance County show so little SBA activity?

Alamance County shows 4 approvals in the SBA healthcare file, which means an appraiser reaches outside the county for comparables. Few sales, not weak credit, is the usual reason. 76 lending establishments operate locally.

03

Is Elon underwritten as part of Burlington, NC?

Comparables and demand split at 3 miles. An appraiser prices the lease and the equipment off Burlington, NC; the revenue line has to hold up against 11,282 local residents.

04

What does Alamance County's shortage designation change?

HRSA designates Alamance County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Elon and evidences a staffing ramp in a 11,282 resident market.

05

How does the college here show up in the numbers?

At least one degree-granting institution is based in Elon, which puts a visible academic calendar into collections: term-time volume against summer troughs. Underwriting reads a seasonal swing better when a pro forma names its cause rather than smoothing it out.

06

Which fields carry the volume in Elon?

The 7 enumerated fields are led by primary care and family medicine at 10, with physical, occupational, and speech therapy at 6 behind it. Those two counts double as the competition you are entering and the bench you would hire from.

Sources

  1. 1U.S. Census Bureau, Population Estimates, vintage 2024
  2. 2CMS NPPES, monthly full replacement file
  3. 3U.S. Census Bureau, ACS 5-year 2023, table B19013
  4. 4U.S. Department of Education, IPEDS 2023 institutional directory
  5. 5U.S. Small Business Administration, 7(a) and 504 approvals
  6. 6U.S. Census Bureau, County Business Patterns 2022

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