Ohio micro-market
Healthcare practice financing in Worthington, Ohio
Direct answer
14,649 residents, 474 enumerated clinicians, 323.6 per 10,000, 25 percent of them in physical, occupational, and speech therapy: that is the Worthington market a funder prices. Franklin County adds 66 healthcare approvals worth $33,316,600 and 8 miles of distance to Columbus, OH.
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: 14,649 residents (10K-25K band)1
- Healthcare providers registered here: 474 across 24 fields2
- Median household income: $124,7343
- Largest provider field: Physical, occupational, and speech therapy: 120 registered providers2
- Medicare-certified providers in town: 8 across 2 categories4
- Nearest metro: Columbus, OH, 8 miles1
What NPPES records at Worthington addresses
474 providers across 24 fields, 323.6 per 10,000 residents, counted at Worthington addresses in the NPPES monthly file
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 120 | 81.9 | NPPES [2] |
| Primary care and family medicine | 51 | 34.8 | NPPES [2] |
| ABA and autism therapy | 48 | 32.8 | NPPES [2] |
| General dentistry | 42 | 28.7 | NPPES [2] |
| Home health | 41 | 28.0 | NPPES [2] |
| Behavioral and mental health group practices | 33 | 22.5 | NPPES [2] |
| Chiropractic | 27 | 18.4 | NPPES [2] |
| Dental specialties | 26 | 17.7 | NPPES [2] |
| Non-medical home care | 15 | 10.2 | NPPES [2] |
| Podiatry | 11 | 7.5 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 11 | 7.5 | NPPES [2] |
| Optometry and ophthalmology | 10 | 6.8 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 7 | 4.8 | NPPES [2] |
| DME and HME suppliers | 6 | 4.1 | NPPES [2] |
| Independent pharmacy | 6 | 4.1 | NPPES [2] |
| Specialty physician groups | 6 | 4.1 | NPPES [2] |
| Hospice and palliative | 3 | 2.0 | NPPES [2] |
| Med spa and aesthetics | 3 | 2.0 | NPPES [2] |
| SUD treatment and residential | 2 | 1.4 | NPPES [2] |
| Occupational health and drug testing | 2 | 1.4 | NPPES [2] |
| NEMT and ambulance | 1 | 0.7 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.7 | NPPES [2] |
| Plastic and cosmetic surgery | 1 | 0.7 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.7 | NPPES [2] |
| Home health agencies | 7 | CMS [4] | |
| Medical equipment suppliers | 6 | CMS [4] | |
| Hospice providers | 1 | CMS [4] |
Several of the 120 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
What Franklin County credit files already show
Lenders in Franklin County have already closed 66 healthcare approvals, averaging $504,797, which is the size a new file gets read beside
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 66 | One published fiscal year, healthcare borrowers only [5] |
| Total approved capital | $33,316,600 | Approved, not disbursed, and not net of withdrawals [5] |
| Mean deal size | $504,797 | A mean, so one large approval moves it [5] |
| Lenders sited in the county | 658 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
At 323.6 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A request measured against 66 prior Franklin County approvals is priced on precedent, which shortens the questions about valuation. A $124,734 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
The programs this provider mix points at
- Practice acquisition
- Working capital term loan
- Startup and de novo
- Expansion, relocation, and build-out
- Medical receivables factoring
Built from what is enumerated here rather than from a national list, so a field with no presence in Worthington does not appear. Availability is still a Ohio question.
The first pages of a Worthington file
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, aba and autism therapy
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (120) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (51) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| ABA and autism therapy (48) | Authorized hours against delivered hours, Payer mix stability, Billing compliance history | Working capital against authorization and billing lag |
The first column is Worthington's own NPPES count. The rest is how the field is generally underwritten, whether the address is Worthington or anywhere else.
Density beside the neighboring Ohio towns
The neighboring markets below are the ones a valuation borrows from when Worthington has too few sales of its own
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Worthington (current) | 14,649 | 474 | 323.6 | |
| Upper Arlington | 36,140 | 158 | 43.7 | 5 |
| Powell | 14,613 | 318 | 217.6 | 6 |
| Westerville | 38,612 | 1,227 | 317.8 | 6 |
| Dublin | 49,456 | 1,153 | 233.1 | 7 |
| Gahanna | 35,544 | 548 | 154.2 | 8 |
| Hilliard | 38,832 | 527 | 135.7 | 8 |
What the geography does to a Worthington projection
8 miles separate Worthington from Columbus, OH. Lease pricing follows Columbus, OH, while revenue stays capped by the 14,649 residents here. At $124,734 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Referral flow comes from outside Worthington, which a projection needs to state plainly.
More of Ohio
- Upper Arlington 36,140 residents
- Powell 14,613 residents
- Westerville 38,612 residents
- Dublin 49,456 residents
- Gahanna 35,544 residents
- Hilliard 38,832 residents
Questions from Worthington
01How many providers practice in Worthington, and in what?
Across 24 fields, Worthington carries 474 enumerated clinicians, 323.6 per 10,000 of the 14,649 people living here. The concentration is in physical, occupational, and speech therapy, 120 of the total, then primary care and family medicine at 51. Count practices from that only with care.
02What does Franklin County's shortage designation change?
Franklin County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Worthington can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Which fields carry the volume in Worthington?
The 24 enumerated fields are led by physical, occupational, and speech therapy at 120, with primary care and family medicine at 51 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
04What does SBA lending look like around Worthington?
$33,316,600 went to healthcare borrowers in Franklin County across 66 approvals, $504,797 on average. Deals near Worthington get sized against that record before anything else.
05Is Worthington underwritten as part of Columbus, OH?
Comparables and demand split at 8 miles. An appraiser prices the lease and the equipment off Columbus, OH; the revenue line has to hold up against 14,649 local residents.
06What does a $124,734 median income mean for case acceptance?
Median household income in Worthington runs $124,734. 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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