Tennessee micro-market
Healthcare practice financing in Farragut, Tennessee
Direct answer
Density decides a lot here. Farragut runs 20.6 providers per 10,000 residents, 52 clinicians against 25,242 people, 46 percent of them in physical, occupational, and speech therapy, while Knox County lenders have approved 13 healthcare files worth $11,968,700 and the nearest metro is 15 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 Tennessee, and how many partners see it, is set out on the Tennessee page.
- Population: 25,242 residents (25K-50K band)1
- Healthcare providers registered here: 52 across 12 fields2
- Median household income: $142,4023
- Largest provider field: Physical, occupational, and speech therapy: 24 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Knoxville, TN, 15 miles1
Who is enumerated in Farragut
Counted at the town's own addresses: 52 providers, 12 fields, 20.6 clinicians per 10,000 of the 25,242 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 24 | 9.5 | NPPES [2] |
| Primary care and family medicine | 9 | 3.6 | NPPES [2] |
| General dentistry | 4 | 1.6 | NPPES [2] |
| Independent pharmacy | 4 | 1.6 | NPPES [2] |
| DME and HME suppliers | 3 | 1.2 | NPPES [2] |
| Chiropractic | 2 | 0.8 | NPPES [2] |
| Dental specialties | 1 | 0.4 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.4 | NPPES [2] |
| Non-medical home care | 1 | 0.4 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.4 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.4 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.4 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 24 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Knox County approvals, dollars, and lending establishments
The published file shows 13 healthcare approvals in Knox County, $11,968,700 in total, and that history is what an appraiser and a credit committee reach for
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 13 | Fiscal year published in the SBA file [5] |
| Total approved capital | $11,968,700 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $920,669 | Dollars divided by approvals [5] |
| Lenders sited in the county | 386 | Credit intermediation establishments, NAICS 522 [6] |
How this data lands in an underwriting decision
At 20.6 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A request measured against 13 prior Knox County approvals is priced on precedent, which shortens the questions about valuation. With $142,402 as the median household income, the payer mix in a projection has to match what Farragut households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Expansion, relocation, and build-out
- Equipment financing and leasing
Ranked from the 12 fields that actually practice in Farragut, weighted toward physical, occupational, and speech therapy. Availability still depends on Tennessee and on the funding partner.
Underwriting by field in Farragut
What a funder opens first depends on the field. In Farragut that means physical, occupational, and speech therapy, primary care and family medicine, general dentistry.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (24) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (9) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| General dentistry (4) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
NPPES supplies the Farragut counts. The reading columns describe the field in general, and no partner reviewing a Farragut file is bound by them.
How Farragut prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Farragut has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Farragut (current) | 25,242 | 52 | 20.6 | |
| Oak Ridge | 34,039 | 331 | 97.2 | 9 |
| Alcoa | 13,588 | 130 | 95.7 | 13 |
| Maryville | 32,373 | 531 | 164.0 | 14 |
| Clinton | 10,458 | 117 | 111.9 | 16 |
| Sevierville | 18,231 | 278 | 152.5 | 34 |
| Athens | 15,050 | 241 | 160.1 | 37 |
What the geography does to a Farragut projection
15 miles separate Farragut from Knoxville, TN. Lease pricing follows Knoxville, TN, while revenue stays capped by the 25,242 residents here. At $142,402 median household income, the elective and cash-pay share of a projection is the line that gets tested first. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
Nearby Tennessee towns
Questions from Farragut
01How many providers practice in Farragut, and in what?
Across 12 fields, Farragut carries 52 enumerated clinicians, 20.6 per 10,000 of the 25,242 people living here. The concentration is in physical, occupational, and speech therapy, 24 of the total, then primary care and family medicine at 9. Count practices from that only with care.
02What does Knox County's shortage designation change?
Designated for primary care, dental, mental health, Knox 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.
03Is Farragut underwritten as part of Knoxville, TN?
Partly. Knoxville, TN is 15 miles out, so rent and equipment comparables travel in from there while patients still come from the 25,242 residents around Farragut. Cost side metro, revenue side local.
04Which fields carry the volume in Farragut?
The 12 enumerated fields are led by physical, occupational, and speech therapy at 24, with primary care and family medicine at 9 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
05What does a $142,402 median income mean for case acceptance?
Median household income in Farragut runs $142,402. 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.
06What does SBA lending look like around Farragut?
$11,968,700 went to healthcare borrowers in Knox County across 13 approvals, $920,669 on average. Deals near Farragut get sized against that record before anything else.
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
Our team reviews every request within 1 business day. If a funding partner thinks they can help, a specialist from that partner contacts you to discuss next steps.