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Ohio micro-market

Healthcare practice financing in New Philadelphia, Ohio

Direct answer

150 healthcare providers hold a New Philadelphia practice address, 86.3 per 10,000 of its 17,378 residents, 21 percent of them in physical, occupational, and speech therapy. Tuscarawas County recorded 3 SBA healthcare approvals worth $2,990,500, and Canton-Massillon, OH sits 23 miles out.

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: 17,378 residents (10K-25K band)1
  • Healthcare providers registered here: 150 across 22 fields2
  • Median household income: $60,9323
  • Largest provider field: Physical, occupational, and speech therapy: 31 registered providers2
  • Medicare-certified providers in town: 2 across 2 categories4
  • Nearest metro: Canton-Massillon, OH, 23 miles1

New Philadelphia clinicians, by field

86.3 providers per 10,000 residents is what 150 enumerations across 22 fields works out to in a town of 17,378

Providers registered in New Philadelphia
Practice typeCountRate per 10,000 residentsPublished by
Physical, occupational, and speech therapy3117.8NPPES [2]
Behavioral and mental health group practices1810.4NPPES [2]
Optometry and ophthalmology169.2NPPES [2]
Chiropractic148.1NPPES [2]
Home health95.2NPPES [2]
General dentistry95.2NPPES [2]
Dental specialties84.6NPPES [2]
Primary care and family medicine74.0NPPES [2]
Skilled nursing, assisted living, and memory care74.0NPPES [2]
Independent pharmacy52.9NPPES [2]
Specialty physician groups52.9NPPES [2]
DME and HME suppliers42.3NPPES [2]
Non-medical home care42.3NPPES [2]
ABA and autism therapy31.7NPPES [2]
Pain management and interventional21.2NPPES [2]
Audiology and hearing centers21.2NPPES [2]
Podiatry10.6NPPES [2]
SUD treatment and residential10.6NPPES [2]
Hospice and palliative10.6NPPES [2]
Med spa and aesthetics10.6NPPES [2]
Clinical and toxicology labs10.6NPPES [2]
Dialysis and infusion centers10.6NPPES [2]
Medical equipment suppliers7CMS [4]
Dialysis facilities1CMS [4]
Home health agencies1CMS [4]

Several of the 31 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 New Philadelphia

The county file holds 3 healthcare approvals, which is a thin comparable set for anyone pricing collateral

Tuscarawas County credit activity, as published
MeasurePublished figureWhat sits behind it
Approvals on record3Fiscal year published in the SBA file [5]
Total approved capital$2,990,500Sum of approvals to healthcare borrowers [5]
Mean deal size$996,833Dollars divided by approvals [5]
Lenders sited in the county50Credit intermediation establishments, NAICS 522 [6]

Reading New Philadelphia the way a credit committee does

The ratio that matters up front is 86.3 per 10,000, which decides whether a ramp schedule reads as conservative. Tuscarawas County has 3 approvals to compare against, so plan for extra appraisal time and a conservative valuation. Household income of $60,932 in New Philadelphia is the number a lender uses to sanity check the self-pay share of a revenue projection.

The programs this provider mix points at

The 22 fields practicing locally set this order. A funding partner, not this list, decides what is available in Ohio.

Underwriting by field in New Philadelphia

Drawn from the fields that actually practice here: physical, occupational, and speech therapy, behavioral and mental health group practices, optometry and ophthalmology

What each New Philadelphia field turns on
Practice typeThe pages that decide itTypical capital event
Physical, occupational, and speech therapy (31)Visits per case, Referral source concentration, Payer mix and authorization rulesStartup or expansion clinic
Behavioral and mental health group practices (18)Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposureWorking capital through the credentialing lag
Optometry and ophthalmology (16)Exam volume and optical capture, Vision plan mix, Inventory turnsCold start or acquisition

NPPES supplies the New Philadelphia counts. The reading columns describe the field in general, and no partner reviewing a New Philadelphia file is bound by them.

New Philadelphia against nearby Ohio markets

Set New Philadelphia's 86.3 per 10,000 against the towns an appraiser would reach for next

Provider density across nearby Ohio towns
ComparablePeopleEnumerationsPer 10,000 residentsMiles
New Philadelphia (current)17,37815086.3
Dover12,946177136.74
Massillon32,750336102.621
Canton69,2111,797259.622
Coshocton11,114156140.426
North Canton17,677932527.227
Green27,476196.932

How New Philadelphia sits against the nearest metro

23 miles separate New Philadelphia from Canton-Massillon, OH. Lease pricing follows Canton-Massillon, OH, while revenue stays capped by the 17,378 residents here. At $60,932 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from. Campus terms, not calendar quarters, set the busy months in New Philadelphia. New Philadelphia is the Tuscarawas County seat, so county employment steadies the payer mix.

Other Ohio markets

Questions from New Philadelphia

01

How many providers practice in New Philadelphia, and in what?

150 enumerations sit at New Philadelphia addresses in the monthly NPPES file, working out to 86.3 for every 10,000 residents. 21 percent of them are physical, occupational, and speech therapy, and behavioral and mental health group practices follows with 18. An enumeration is a clinician, so the 150 here cover fewer than 150 practices.

02

What does Tuscarawas County's shortage designation change?

Designated for primary care, dental, mental health, Tuscarawas 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.

03

Why does Tuscarawas County show so little SBA activity?

Only 3 healthcare approvals appear for Tuscarawas County in the published 7(a) and 504 file. Thin volume in Tuscarawas County is a transaction count, not a verdict on borrowers here. The county still holds 50 credit intermediation establishments.

04

Which fields carry the volume in New Philadelphia?

Physical, occupational, and speech therapy at 31 providers and behavioral and mental health group practices at 18 lead the 22 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.

05

Is New Philadelphia underwritten as part of Canton-Massillon, OH?

Partly. Canton-Massillon, OH is 23 miles out, so rent and equipment comparables travel in from there while patients still come from the 17,378 residents around New Philadelphia. Cost side metro, revenue side local.

06

Is there local lending capacity in Tuscarawas County?

County Business Patterns records 50 credit intermediation establishments in Tuscarawas County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen New Philadelphia rents and resale before or by somebody working from a screen.

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. 4CMS Care Compare provider datasets
  5. 5U.S. Small Business Administration, 7(a) and 504 approvals
  6. 6U.S. Census Bureau, County Business Patterns 2022

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