Tennessee micro-market
Healthcare practice financing in Red Bank, Tennessee
Direct answer
9 healthcare providers hold a Red Bank practice address, 7.5 per 10,000 of its 12,073 residents, 33 percent of them in physical, occupational, and speech therapy. Hamilton County recorded 7 SBA healthcare approvals worth $6,730,600, and Chattanooga, TN-GA sits 4 miles out.
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- Population: 12,073 residents (10K-25K band)1
- Healthcare providers registered here: 9 across 6 fields2
- Median household income: $61,7883
- Largest provider field: Physical, occupational, and speech therapy: 3 registered providers2
- Nearest metro: Chattanooga, TN-GA, 4 miles1
- SBA healthcare approvals in the county: 7 approvals totaling $6,730,6004
The provider census in Red Bank
Counted at the town's own addresses: 9 providers, 6 fields, 7.5 clinicians per 10,000 of the 12,073 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 3 | 2.5 | NPPES [2] |
| DME and HME suppliers | 2 | 1.7 | NPPES [2] |
| Urgent care | 1 | 0.8 | NPPES [2] |
| SUD treatment and residential | 1 | 0.8 | NPPES [2] |
| Independent pharmacy | 1 | 0.8 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.8 | NPPES [2] |
| Medical equipment suppliers | 2 | CMS [5] |
Several of the 3 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 Red Bank
With 7 healthcare approvals recorded, Hamilton County gives a valuation almost nothing local to lean on
| Measure | Published figure | What sits behind it |
|---|---|---|
| SBA healthcare approvals | 7 | One published fiscal year, healthcare borrowers only [4] |
| Approved dollars | $6,730,600 | Approved, not disbursed, and not net of withdrawals [4] |
| Average approval | $961,514 | A mean, so one large approval moves it [4] |
| Lending establishments in the county | 288 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
At 7.5 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. Hamilton County has 7 approvals to compare against, so plan for extra appraisal time and a conservative valuation. With $61,788 as the median household income, the payer mix in a projection has to match what Red Bank households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Medical receivables factoring
- Equipment financing and leasing
The 6 fields practicing locally set this order. A funding partner, not this list, decides what is available in Tennessee.
What a funder reads first in Red Bank
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, dme and hme suppliers, urgent care
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (3) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| DME and HME suppliers (2) | Accreditation and surety bond status, Rental versus sale revenue split, Denial rate and documentation quality | Inventory and rental fleet |
| Urgent care (1) | Visits per day against the site model, Payer mix and contracted rates, Credentialing status at open | De novo center build |
The first column is Red Bank's own NPPES count. The rest is how the field is generally underwritten, whether the address is Red Bank or anywhere else.
Density beside the neighboring Tennessee towns
7.5 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Red Bank
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Red Bank (current) | 12,073 | 9 | 7.5 | |
| East Ridge | 21,970 | 51 | 23.2 | 9 |
| Cleveland | 50,232 | 551 | 109.7 | 24 |
| Athens | 15,050 | 241 | 160.1 | 46 |
| Winchester | 10,251 | 136 | 132.7 | 46 |
| McMinnville | 14,032 | 146 | 104.0 | 48 |
| Manchester | 13,484 | 145 | 107.5 | 50 |
How Red Bank sits against the nearest metro
Distance to Chattanooga, TN-GA is 4 miles. Appraisers borrow Chattanooga, TN-GA rents, and the 12,073 residents set the ceiling on collections. At $61,788 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Referral flow comes from outside Red Bank, which a projection needs to state plainly.
More of Tennessee
- East Ridge 21,970 residents
- Cleveland 50,232 residents
- Athens 15,050 residents
- Winchester 10,251 residents
- McMinnville 14,032 residents
- Manchester 13,484 residents
Questions from Red Bank
01How many providers practice in Red Bank, and in what?
9 enumerations sit at Red Bank addresses in the monthly NPPES file, working out to 7.5 for every 10,000 residents. 33 percent of them are physical, occupational, and speech therapy, and dme and hme suppliers follows with 2. An enumeration is a clinician, so the 9 here cover fewer than 9 practices.
02What does Hamilton County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Hamilton County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 12,073 residents gets past the question of who would take the job.
03Why does Hamilton County show so little SBA activity?
The published file records 7 7(a) and 504 approvals to healthcare borrowers in Hamilton County. That tracks how few Hamilton County practices changed hands that year, not credit quality. 288 credit intermediation establishments operate in Hamilton County, so the lending capacity is local even where the healthcare history is not.
04Is Red Bank underwritten as part of Chattanooga, TN-GA?
Partly. Chattanooga, TN-GA is 4 miles out, so rent and equipment comparables travel in from there while patients still come from the 12,073 residents around Red Bank. Cost side metro, revenue side local.
05Is there local lending capacity in Hamilton County?
County Business Patterns records 288 credit intermediation establishments in Hamilton County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Red Bank rents and resale before or by somebody working from a screen.
06What does a $61,788 median income mean for case acceptance?
Median household income in Red Bank runs $61,788. 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
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5CMS Care Compare provider datasets
- 6U.S. Census Bureau, County Business Patterns 2022
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