Tennessee micro-market
Healthcare practice financing in Lakeland, Tennessee
Direct answer
Shelby County carries 6 SBA healthcare approvals worth $3,941,000, and inside Lakeland the census shows 35 enumerated clinicians against 14,416 residents, 24.3 per 10,000, 40 percent of them in physical, occupational, and speech therapy. Memphis, TN-MS-AR lies 17 miles away.
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- Population: 14,416 residents (10K-25K band)1
- Healthcare providers registered here: 35 across 11 fields2
- Median household income: $113,8433
- Largest provider field: Physical, occupational, and speech therapy: 14 registered providers2
- Medicare-certified providers in town: 2 across 1 categories4
- Nearest metro: Memphis, TN-MS-AR, 17 miles1
What NPPES records at Lakeland addresses
Counted at the town's own addresses: 35 providers, 11 fields, 24.3 clinicians per 10,000 of the 14,416 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 14 | 9.7 | NPPES [2] |
| Chiropractic | 5 | 3.5 | NPPES [2] |
| General dentistry | 3 | 2.1 | NPPES [2] |
| Telehealth and virtual clinics | 3 | 2.1 | NPPES [2] |
| ABA and autism therapy | 2 | 1.4 | NPPES [2] |
| Optometry and ophthalmology | 2 | 1.4 | NPPES [2] |
| Dialysis and infusion centers | 2 | 1.4 | NPPES [2] |
| DME and HME suppliers | 1 | 0.7 | NPPES [2] |
| Home health | 1 | 0.7 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.7 | NPPES [2] |
| Specialty physician groups | 1 | 0.7 | NPPES [2] |
| Dialysis facilities | 2 | CMS [4] | |
| Medical equipment suppliers | 1 | CMS [4] |
A single Lakeland practice can hold more than one of these numbers. 40 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
Loan activity in Shelby County
6 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Line | Amount | Reading and source |
|---|---|---|
| SBA healthcare approvals | 6 | Fiscal year published in the SBA file [5] |
| Approved dollars | $3,941,000 | Sum of approvals to healthcare borrowers [5] |
| Average approval | $656,833 | Dollars divided by approvals [5] |
| Lending establishments in the county | 593 | Credit intermediation establishments, NAICS 522 [6] |
How this data lands in an underwriting decision
At 24.3 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. With 6 approvals on record in Shelby County, expect a longer appraisal and a wider collateral discount. Household income of $113,843 in Lakeland is the number a lender uses to sanity check the self-pay share of a revenue projection.
Programs the Lakeland mix reaches for
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Expansion, relocation, and build-out
The order comes from Lakeland's own provider mix, which physical, occupational, and speech therapy dominates at 40 percent. What a partner can actually place in Tennessee is a separate question.
What a funder reads first in Lakeland
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, chiropractic, general dentistry
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (14) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (5) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| General dentistry (3) | 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 Lakeland counts. The reading columns describe the field in general, and no partner reviewing a Lakeland file is bound by them.
How Lakeland prices against its neighbors
24.3 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Lakeland
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Lakeland (current) | 14,416 | 35 | 24.3 | |
| Arlington | 15,550 | 122 | 78.5 | 4 |
| Bartlett | 56,708 | 430 | 75.8 | 6 |
| Millington | 11,486 | 88 | 76.6 | 11 |
| Oakland | 10,769 | 44 | 40.9 | 11 |
| Atoka | 10,624 | 46 | 43.3 | 12 |
| Germantown | 40,128 | 638 | 159.0 | 13 |
How Lakeland sits against the nearest metro
Distance to Memphis, TN-MS-AR is 17 miles. Appraisers borrow Memphis, TN-MS-AR rents, and the 14,416 residents set the ceiling on collections. Median household income runs $113,843, which is the number a funder converts into case acceptance on anything elective or cash-pay. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
Nearby Tennessee towns
- Arlington 15,550 residents
- Bartlett 56,708 residents
- Millington 11,486 residents
- Oakland 10,769 residents
- Atoka 10,624 residents
- Germantown 40,128 residents
Lakeland owners, answered
01How many providers practice in Lakeland, and in what?
35 enumerations sit at Lakeland addresses in the monthly NPPES file, working out to 24.3 for every 10,000 residents. 40 percent of them are physical, occupational, and speech therapy, and chiropractic follows with 5. An enumeration is a clinician, so the 35 here cover fewer than 35 practices.
02What does a $113,843 median income mean for case acceptance?
Median household income in Lakeland runs $113,843. 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.
03What does Shelby County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Shelby County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 14,416 residents gets past the question of who would take the job.
04Why does Shelby County show so little SBA activity?
Only 6 healthcare approvals appear for Shelby County in the published 7(a) and 504 file. Thin volume in Shelby County is a transaction count, not a verdict on borrowers here. The county still holds 593 credit intermediation establishments.
05Is Lakeland underwritten as part of Memphis, TN-MS-AR?
Partly. Memphis, TN-MS-AR is 17 miles out, so rent and equipment comparables travel in from there while patients still come from the 14,416 residents around Lakeland. Cost side metro, revenue side local.
06Which fields carry the volume in Lakeland?
Volume concentrates in physical, occupational, and speech therapy, 14 of them, ahead of chiropractic at 5, across 11 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
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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