South Carolina micro-market
Healthcare practice financing in Florence, South Carolina
Direct answer
40,923 residents, 1,223 enumerated clinicians, 298.9 per 10,000, 21 percent of them in physical, occupational, and speech therapy: that is the Florence market a funder prices. Florence County adds 0 healthcare approvals worth $0 and 0 miles of distance to Florence, SC.
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 South Carolina, and how many partners see it, is set out on the South Carolina page.
- Population: 40,923 residents (25K-50K band)1
- Healthcare providers registered here: 1,223 across 33 fields2
- Median household income: $56,4333
- Largest provider field: Physical, occupational, and speech therapy: 256 registered providers2
- Medicare-certified providers in town: 15 across 4 categories4
- Nearest metro: Florence, SC, 0 miles1
Florence clinicians, by field
298.9 providers per 10,000 residents is what 1,223 enumerations across 33 fields works out to in a town of 40,923
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 256 | 62.6 | NPPES [2] |
| Primary care and family medicine | 201 | 49.1 | NPPES [2] |
| Specialty physician groups | 108 | 26.4 | NPPES [2] |
| DME and HME suppliers | 85 | 20.8 | NPPES [2] |
| Behavioral and mental health group practices | 82 | 20.0 | NPPES [2] |
| Home health | 64 | 15.6 | NPPES [2] |
| Chiropractic | 58 | 14.2 | NPPES [2] |
| General dentistry | 48 | 11.7 | NPPES [2] |
| Non-medical home care | 40 | 9.8 | NPPES [2] |
| Optometry and ophthalmology | 39 | 9.5 | NPPES [2] |
| Dental specialties | 31 | 7.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 30 | 7.3 | NPPES [2] |
| Independent pharmacy | 23 | 5.6 | NPPES [2] |
| ABA and autism therapy | 21 | 5.1 | NPPES [2] |
| NEMT and ambulance | 18 | 4.4 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 14 | 3.4 | NPPES [2] |
| Clinical and toxicology labs | 13 | 3.2 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 12 | 2.9 | NPPES [2] |
| Dialysis and infusion centers | 11 | 2.7 | NPPES [2] |
| Telehealth and virtual clinics | 9 | 2.2 | NPPES [2] |
| SUD treatment and residential | 8 | 2.0 | NPPES [2] |
| Med spa and aesthetics | 8 | 2.0 | NPPES [2] |
| Dermatology | 7 | 1.7 | NPPES [2] |
| Audiology and hearing centers | 7 | 1.7 | NPPES [2] |
| Hospice and palliative | 7 | 1.7 | NPPES [2] |
| ASCs and OBLs | 6 | 1.5 | NPPES [2] |
| Podiatry | 5 | 1.2 | NPPES [2] |
| Urgent care | 5 | 1.2 | NPPES [2] |
| Occupational health and drug testing | 3 | 0.7 | NPPES [2] |
| Imaging centers | 1 | 0.2 | NPPES [2] |
| Pain management and interventional | 1 | 0.2 | NPPES [2] |
| IV hydration and infusion | 1 | 0.2 | NPPES [2] |
| Plastic and cosmetic surgery | 1 | 0.2 | NPPES [2] |
| Medical equipment suppliers | 33 | CMS [4] | |
| Dialysis facilities | 6 | CMS [4] | |
| Home health agencies | 5 | CMS [4] | |
| Hospice providers | 3 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] |
Several of the 256 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 Florence
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 | Fiscal year published in the SBA file [5] |
| Dollars behind them | $0 | Sum of approvals to healthcare borrowers [5] |
| Typical approval size | No approvals recorded | Dollars divided by approvals [5] |
| Credit offices operating locally | 135 | Credit intermediation establishments, NAICS 522 [6] |
The consequence of these numbers
Underwriting starts with 298.9 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. A short county record of 0 approvals usually means more documentation and a lower advance against the same collateral. With $56,433 as the median household income, the payer mix in a projection has to match what Florence households actually spend.
The programs this provider mix points at
- Practice acquisition
- Working capital term loan
- Expansion, relocation, and build-out
- Startup and de novo
- Medical receivables factoring
Built from what is enumerated here rather than from a national list, so a field with no presence in Florence does not appear. Availability is still a South Carolina question.
The first pages of a Florence file
physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups account for most of what is enumerated in Florence, so those are the files funders see from this town
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (256) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (201) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Specialty physician groups (108) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
Column one counts Florence clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Florence file differently.
How Florence prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Florence has too few sales of its own
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Florence (current) | 40,923 | 1,223 | 298.9 | |
| Sumter | 42,958 | 696 | 162.0 | 38 |
| Conway | 29,656 | 510 | 172.0 | 49 |
| Myrtle Beach | 40,535 | 1,238 | 305.4 | 61 |
| North Myrtle Beach | 20,798 | 169 | 81.3 | 67 |
| Moncks Corner | 18,359 | 214 | 116.6 | 68 |
| Cayce | 13,645 | 112 | 82.1 | 73 |
Distance, income, and the wage floor around Florence
Florence, SC lies 0 miles from Florence, close enough that appraisers price the lease against Florence, SC rents while 40,923 residents set the revenue ceiling. Households here carry $56,433 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. Because a certified hospital sits inside the town, both the referral path and the pay a clinical hire expects are already observable. Higher education here explains why summer looks unlike the rest of the year. Florence is the Florence County seat, so county employment steadies the payer mix.
Other South Carolina markets
- Sumter 42,958 residents
- Conway 29,656 residents
- Myrtle Beach 40,535 residents
- North Myrtle Beach 20,798 residents
- Moncks Corner 18,359 residents
- Cayce 13,645 residents
What owners in Florence ask
01How many providers practice in Florence, and in what?
1,223 enumerations sit at Florence addresses in the monthly NPPES file, working out to 298.9 for every 10,000 residents. 21 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 201. An enumeration is a clinician, so the 1,223 here cover fewer than 1,223 practices.
02What does Florence County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Florence County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 40,923 residents gets past the question of who would take the job.
03Why does Florence County show so little SBA activity?
Only 0 healthcare approvals appear for Florence County in the published 7(a) and 504 file. Thin volume in Florence County is a transaction count, not a verdict on borrowers here. The county still holds 135 credit intermediation establishments.
04How does the hospital in Florence affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 15 Medicare-certified providers in total. A Florence projection that names the call arrangement reads better than one that assumes it.
05Which fields carry the volume in Florence?
Physical, occupational, and speech therapy at 256 providers and primary care and family medicine at 201 lead the 33 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.
06Is Florence underwritten as part of Florence, SC?
Partly. Florence, SC is 0 miles out, so rent and equipment comparables travel in from there while patients still come from the 40,923 residents around Florence. 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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