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South Carolina micro-market

Healthcare practice financing in Myrtle Beach, South Carolina

Direct answer

1,238 healthcare providers hold a Myrtle Beach practice address, 305.4 per 10,000 of its 40,535 residents, 26 percent of them in physical, occupational, and speech therapy. Horry County recorded 8 SBA healthcare approvals worth $3,694,500, and Myrtle Beach-Conway-North Myrtle Beach, SC sits 0 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 South Carolina, and how many partners see it, is set out on the South Carolina page.

  • Population: 40,535 residents (25K-50K band)1
  • Healthcare providers registered here: 1,238 across 32 fields2
  • Median household income: $53,6793
  • Largest provider field: Physical, occupational, and speech therapy: 321 registered providers2
  • Medicare-certified providers in town: 19 across 4 categories4
  • Nearest metro: Myrtle Beach-Conway-North Myrtle Beach, SC, 0 miles1

The provider census in Myrtle Beach

The NPPES file puts 1,238 enumerated clinicians inside Myrtle Beach, spread over 32 fields at 305.4 per 10,000 residents

Enumerated clinicians at Myrtle Beach addresses
Practice typeCountRate per 10,000 residentsPublished by
Physical, occupational, and speech therapy32179.2NPPES [2]
Primary care and family medicine14235.0NPPES [2]
Specialty physician groups13032.1NPPES [2]
Chiropractic8320.5NPPES [2]
General dentistry7318.0NPPES [2]
Optometry and ophthalmology6716.5NPPES [2]
Behavioral and mental health group practices4711.6NPPES [2]
DME and HME suppliers409.9NPPES [2]
Dental specialties399.6NPPES [2]
Non-medical home care379.1NPPES [2]
ABA and autism therapy358.6NPPES [2]
Dermatology297.2NPPES [2]
Independent pharmacy286.9NPPES [2]
Ketamine, TMS, and interventional psychiatry245.9NPPES [2]
Med spa and aesthetics184.4NPPES [2]
Home health174.2NPPES [2]
Occupational health and drug testing153.7NPPES [2]
Hormone, TRT, and men's health clinics123.0NPPES [2]
Skilled nursing, assisted living, and memory care112.7NPPES [2]
Audiology and hearing centers102.5NPPES [2]
Hospice and palliative92.2NPPES [2]
Imaging centers82.0NPPES [2]
Clinical and toxicology labs82.0NPPES [2]
ASCs and OBLs71.7NPPES [2]
NEMT and ambulance61.5NPPES [2]
Podiatry51.2NPPES [2]
Telehealth and virtual clinics51.2NPPES [2]
Plastic and cosmetic surgery41.0NPPES [2]
Dialysis and infusion centers30.7NPPES [2]
Urgent care20.5NPPES [2]
SUD treatment and residential20.5NPPES [2]
Mobile diagnostics10.2NPPES [2]
Medical equipment suppliers39CMS [4]
Ambulatory surgical centers6CMS [4]
Hospice providers6CMS [4]
Home health agencies4CMS [4]
Dialysis facilities3CMS [4]

Several of the 321 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners

Loan activity in Horry County

The county file holds 8 healthcare approvals, which is a thin comparable set for anyone pricing collateral

Horry County credit activity, as published
MeasurePublished figureWhat sits behind it
Approvals on record8Fiscal year published in the SBA file [5]
Total approved capital$3,694,500Sum of approvals to healthcare borrowers [5]
Mean deal size$461,813Dollars divided by approvals [5]
Lenders sited in the county259Credit intermediation establishments, NAICS 522 [6]

How this data lands in an underwriting decision

A file from here opens on 305.4 providers per 10,000 residents, and everything about volume follows from it. Horry County has 8 approvals to compare against, so plan for extra appraisal time and a conservative valuation. Household income of $53,679 in Myrtle Beach 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 order comes from Myrtle Beach's own provider mix, which physical, occupational, and speech therapy dominates at 26 percent. What a partner can actually place in South Carolina is a separate question.

What a funder reads first in Myrtle Beach

Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups

Underwriting focus by field in Myrtle Beach
SpecialtyRead first in underwritingWhy the money is usually needed
Physical, occupational, and speech therapy (321)Visits per case, Referral source concentration, Payer mix and authorization rulesStartup or expansion clinic
Primary care and family medicine (142)Panel size, Value-based contract exposure, Provider productivityAcquisition
Specialty physician groups (130)Ancillary revenue contribution, Provider productivity, Payer contractsAncillary build-out

Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.

Myrtle Beach against nearby South Carolina markets

305.4 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Myrtle Beach

Myrtle Beach and its nearest South Carolina comparables
TownResidentsProvidersPer 10,000Miles away
Myrtle Beach (current)40,5351,238305.4
Conway29,656510172.013
North Myrtle Beach20,79816981.313
Florence40,9231,223298.961
Moncks Corner18,359214116.672
Goose Creek50,35229759.081
Hanahan21,9837132.384

What the geography does to a Myrtle Beach projection

0 miles separate Myrtle Beach from Myrtle Beach-Conway-North Myrtle Beach, SC. Lease pricing follows Myrtle Beach-Conway-North Myrtle Beach, SC, while revenue stays capped by the 40,535 residents here. At $53,679 median household income, the elective and cash-pay share of a projection is the line that gets tested first. A Medicare-certified hospital operates here, so referral flow is verifiable and the clinical wage floor is already set. A degree-granting institution here moves volume on the academic calendar.

Other South Carolina markets

What owners in Myrtle Beach ask

01

How many providers practice in Myrtle Beach, and in what?

1,238 enumerations sit at Myrtle Beach addresses in the monthly NPPES file, working out to 305.4 for every 10,000 residents. 26 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 142. An enumeration is a clinician, so the 1,238 here cover fewer than 1,238 practices.

02

What does Horry County's shortage designation change?

Designated for primary care, dental, mental health, Horry 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 Horry County show so little SBA activity?

Only 8 healthcare approvals appear for Horry County in the published 7(a) and 504 file. Thin volume in Horry County is a transaction count, not a verdict on borrowers here. The county still holds 259 credit intermediation establishments.

04

Which fields carry the volume in Myrtle Beach?

The 32 enumerated fields are led by physical, occupational, and speech therapy at 321, with primary care and family medicine at 142 behind it. Those two counts double as the competition you are entering and the bench you would hire from.

05

How many Medicare-certified providers are based in Myrtle Beach?

19 Medicare-certified providers hold an address in the town across the Care Compare categories. Certified volume this close matters on a working-capital file, because it shows the payer-mix and the reimbursement lag a funder will price into a 40,535 resident market.

06

Is Myrtle Beach underwritten as part of Myrtle Beach-Conway-North Myrtle Beach, SC?

Comparables and demand split at 0 miles. An appraiser prices the lease and the equipment off Myrtle Beach-Conway-North Myrtle Beach, SC; the revenue line has to hold up against 40,535 local residents.

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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