Ohio micro-market
Healthcare practice financing in Conneaut, Ohio
Direct answer
12,357 residents, 65 enumerated clinicians, 52.6 per 10,000, 20 percent of them in physical, occupational, and speech therapy: that is the Conneaut market a funder prices. Ashtabula County adds 2 healthcare approvals worth $535,000 and 29 miles of distance to Erie, PA.
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 Ohio, and how many partners see it, is set out on the Ohio page.
- Population: 12,357 residents (10K-25K band)1
- Healthcare providers registered here: 65 across 16 fields2
- Median household income: $50,5853
- Largest provider field: Physical, occupational, and speech therapy: 13 registered providers2
- Nearest metro: Erie, PA, 29 miles1
- Hospital: A Medicare-certified hospital operates in the town4
The provider census in Conneaut
Counted at the town's own addresses: 65 providers, 16 fields, 52.6 clinicians per 10,000 of the 12,357 residents here
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 13 | 10.5 | NPPES [2] |
| Primary care and family medicine | 12 | 9.7 | NPPES [2] |
| Specialty physician groups | 8 | 6.5 | NPPES [2] |
| Home health | 5 | 4.0 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 5 | 4.0 | NPPES [2] |
| Chiropractic | 3 | 2.4 | NPPES [2] |
| Non-medical home care | 3 | 2.4 | NPPES [2] |
| Optometry and ophthalmology | 3 | 2.4 | NPPES [2] |
| Podiatry | 2 | 1.6 | NPPES [2] |
| DME and HME suppliers | 2 | 1.6 | NPPES [2] |
| General dentistry | 2 | 1.6 | NPPES [2] |
| Independent pharmacy | 2 | 1.6 | NPPES [2] |
| Behavioral and mental health group practices | 2 | 1.6 | NPPES [2] |
| Urgent care | 1 | 0.8 | NPPES [2] |
| NEMT and ambulance | 1 | 0.8 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.8 | NPPES [2] |
| Medical equipment suppliers | 2 | CMS [4] |
Physical, occupational, and speech therapy carries 13 of the 65 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
The lending record behind Conneaut
With 2 healthcare approvals recorded, Ashtabula County gives a valuation almost nothing local to lean on
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 2 | Fiscal year published in the SBA file [5] |
| Total approved capital | $535,000 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $267,500 | Dollars divided by approvals [5] |
| Lenders sited in the county | 44 | Credit intermediation establishments, NAICS 522 [6] |
Reading Conneaut the way a credit committee does
A file from here opens on 52.6 providers per 10,000 residents, and everything about volume follows from it. Ashtabula County has 2 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $50,585 as the median household income, the payer mix in a projection has to match what Conneaut households actually spend.
Where a file from this town usually lands
- Practice acquisition
- Working capital term loan
- Expansion, relocation, and build-out
- Startup and de novo
- Equipment financing and leasing
The order comes from Conneaut's own provider mix, which physical, occupational, and speech therapy dominates at 20 percent. What a partner can actually place in Ohio is a separate question.
The first pages of a Conneaut file
What a funder opens first depends on the field. In Conneaut that means physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups.
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (13) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (12) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Specialty physician groups (8) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
Counts in the first column are Conneaut providers from NPPES. The other two columns describe how funders read that field across markets like Conneaut, not what any funder will do with your file.
How Conneaut prices against its neighbors
Density is the number that moves an appraisal: 52.6 per 10,000 here
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Conneaut (current) | 12,357 | 65 | 52.6 | |
| Ashtabula | 17,775 | 279 | 157.0 | 12 |
| Painesville | 20,660 | 208 | 100.7 | 38 |
| Mentor | 47,113 | 641 | 136.1 | 43 |
| Eastlake | 17,423 | 33 | 18.9 | 48 |
| Willoughby | 24,208 | 343 | 141.7 | 48 |
| Warren | 38,683 | 782 | 202.2 | 49 |
What the geography does to a Conneaut projection
29 miles separate Conneaut from Erie, PA. Rent comparables cross that gap; patients mostly do not. At $50,585 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 Ohio markets
- Ashtabula 17,775 residents
- Painesville 20,660 residents
- Mentor 47,113 residents
- Eastlake 17,423 residents
- Willoughby 24,208 residents
- Warren 38,683 residents
Conneaut owners, answered
01How many providers practice in Conneaut, and in what?
65 enumerations sit at Conneaut addresses in the monthly NPPES file, working out to 52.6 for every 10,000 residents. 20 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 12. An enumeration is a clinician, so the 65 here cover fewer than 65 practices.
02What does Ashtabula County's shortage designation change?
Designated for primary care, dental, mental health, Ashtabula 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 Ashtabula County show so little SBA activity?
Only 2 healthcare approvals appear for Ashtabula County in the published 7(a) and 504 file. Thin volume in Ashtabula County is a transaction count, not a verdict on borrowers here. The county still holds 44 credit intermediation establishments.
04Is Conneaut underwritten as part of Erie, PA?
Partly. Erie, PA is 29 miles out, so rent and equipment comparables travel in from there while patients still come from the 12,357 residents around Conneaut. Cost side metro, revenue side local.
05How does the hospital in Conneaut affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. A Conneaut projection that names the call arrangement reads better than one that assumes it.
06What does a $50,585 median income mean for case acceptance?
Median household income in Conneaut runs $50,585. On elective and cash-pay work that is the number a funder converts into case acceptance, and it sets how much of a treatment plan a projection can assume gets started rather than deferred.
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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