Virginia micro-market
Healthcare practice financing in Colonial Heights, Virginia
Direct answer
A Colonial Heights file is read against 267 local clinicians, 143.0 for every 10,000 of its 18,674 residents, 20 percent of them in physical, occupational, and speech therapy, plus the 0 SBA healthcare approvals worth $0 already recorded in Colonial Heights City County, 19 miles from Richmond, VA.
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. Which programs can be referred from Virginia, and which cannot, is set out on the Virginia page.
- Population: 18,674 residents (10K-25K band)1
- Healthcare providers registered here: 267 across 30 fields2
- Median household income: $76,2503
- Largest provider field: Physical, occupational, and speech therapy: 53 registered providers2
- Medicare-certified providers in town: 2 across 2 categories4
- Nearest metro: Richmond, VA, 19 miles1
Colonial Heights clinicians, by field
267 providers across 30 fields, 143.0 per 10,000 residents, counted at Colonial Heights addresses in the NPPES monthly file
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 53 | 28.4 | NPPES [2] |
| General dentistry | 30 | 16.1 | NPPES [2] |
| Primary care and family medicine | 25 | 13.4 | NPPES [2] |
| Specialty physician groups | 23 | 12.3 | NPPES [2] |
| Optometry and ophthalmology | 20 | 10.7 | NPPES [2] |
| Dental specialties | 16 | 8.6 | NPPES [2] |
| Chiropractic | 12 | 6.4 | NPPES [2] |
| Behavioral and mental health group practices | 12 | 6.4 | NPPES [2] |
| Home health | 9 | 4.8 | NPPES [2] |
| Independent pharmacy | 9 | 4.8 | NPPES [2] |
| DME and HME suppliers | 8 | 4.3 | NPPES [2] |
| Podiatry | 6 | 3.2 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 6 | 3.2 | NPPES [2] |
| Hormone, TRT, and men's health clinics | 5 | 2.7 | NPPES [2] |
| Non-medical home care | 4 | 2.1 | NPPES [2] |
| ABA and autism therapy | 4 | 2.1 | NPPES [2] |
| Med spa and aesthetics | 4 | 2.1 | NPPES [2] |
| Clinical and toxicology labs | 3 | 1.6 | NPPES [2] |
| Dermatology | 2 | 1.1 | NPPES [2] |
| ASCs and OBLs | 2 | 1.1 | NPPES [2] |
| Imaging centers | 2 | 1.1 | NPPES [2] |
| Audiology and hearing centers | 2 | 1.1 | NPPES [2] |
| Clinical research sites | 2 | 1.1 | NPPES [2] |
| Telehealth and virtual clinics | 2 | 1.1 | NPPES [2] |
| Urgent care | 1 | 0.5 | NPPES [2] |
| SUD treatment and residential | 1 | 0.5 | NPPES [2] |
| Hospice and palliative | 1 | 0.5 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.5 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.5 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.5 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 53 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Colonial Heights City County approvals, dollars, and lending establishments
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 | One published fiscal year, healthcare borrowers only [5] |
| Dollars behind them | $0 | Approved, not disbursed, and not net of withdrawals [5] |
| Typical approval size | No approvals recorded | A mean, so one large approval moves it [5] |
| Credit offices operating locally | 27 | Credit intermediation offices sited in the county [6] |
Reading Colonial Heights the way a credit committee does
At 143.0 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A short county record of 0 approvals usually means more documentation and a lower advance against the same collateral. With $76,250 as the median household income, the payer mix in a projection has to match what Colonial Heights households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
Built from what is enumerated here rather than from a national list, so a field with no presence in Colonial Heights does not appear. Availability is still a Virginia question.
What a funder reads first in Colonial Heights
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, general dentistry, primary care and family medicine
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (53) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| General dentistry (30) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
| Primary care and family medicine (25) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
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.
How Colonial Heights prices against its neighbors
Density is the number that moves an appraisal: 143.0 per 10,000 here
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Colonial Heights (current) | 18,674 | 267 | 143.0 | |
| Petersburg | 34,058 | 250 | 73.4 | 4 |
| Hopewell | 22,970 | 128 | 55.7 | 6 |
| Williamsburg | 16,030 | 802 | 500.3 | 38 |
| Poquoson | 12,854 | 45 | 35.0 | 61 |
| Fredericksburg | 29,992 | 1,524 | 508.1 | 72 |
| Charlottesville | 44,767 | 1,990 | 444.5 | 80 |
Distance, income, and the wage floor around Colonial Heights
Richmond, VA lies 19 miles from Colonial Heights, close enough that appraisers price the lease against Richmond, VA rents while 18,674 residents set the revenue ceiling. At $76,250 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. A degree-granting institution here moves volume on the academic calendar.
More of Virginia
- Petersburg 34,058 residents
- Hopewell 22,970 residents
- Williamsburg 16,030 residents
- Poquoson 12,854 residents
- Fredericksburg 29,992 residents
- Charlottesville 44,767 residents
Questions from Colonial Heights
01How many providers practice in Colonial Heights, and in what?
NPPES lists 267 providers at a Colonial Heights practice address, 143.0 per 10,000 residents across 30 tracked fields. Physical, occupational, and speech therapy accounts for 53 of them, 20 percent of the total, with general dentistry next at 30. Read that as clinicians: 267 enumerations, not 267 owners.
02Why does Colonial Heights City County show so little SBA activity?
The published file records 0 7(a) and 504 approvals to healthcare borrowers in Colonial Heights City County. That tracks how few Colonial Heights City County practices changed hands that year, not credit quality. 27 credit intermediation establishments operate in Colonial Heights City County, so the lending capacity is local even where the healthcare history is not.
03Is Colonial Heights underwritten as part of Richmond, VA?
Comparables and demand split at 19 miles. An appraiser prices the lease and the equipment off Richmond, VA; the revenue line has to hold up against 18,674 local residents.
04What does Colonial Heights City County's shortage designation change?
Colonial Heights City County holds a HRSA designation covering dental, mental health. A pro forma for Colonial Heights can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
05Which fields carry the volume in Colonial Heights?
The 30 enumerated fields are led by physical, occupational, and speech therapy at 53, with general dentistry at 30 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
06How does the college here show up in the numbers?
A campus in town means monthly collections rise and fall with terms. Say so in the projection for Colonial Heights, because a summer trough that is explained is read as seasonality, and one that is not is read as decline.
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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