West Virginia micro-market
Healthcare practice financing in Fairmont, West Virginia
Direct answer
18,063 residents, 379 enumerated clinicians, 209.8 per 10,000, 39 percent of them in physical, occupational, and speech therapy: that is the Fairmont market a funder prices. Marion County adds 2 healthcare approvals worth $730,000 and 16 miles of distance to Morgantown, WV.
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 West Virginia, and how many partners see it, is set out on the West Virginia page.
- Population: 18,063 residents (10K-25K band)1
- Healthcare providers registered here: 379 across 30 fields2
- Median household income: $60,7913
- Largest provider field: Physical, occupational, and speech therapy: 146 registered providers2
- Nearest metro: Morgantown, WV, 16 miles1
- Higher education: At least one degree-granting institution is based here4
Fairmont clinicians, by field
Counted at the town's own addresses: 379 providers, 30 fields, 209.8 clinicians per 10,000 of the 18,063 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 146 | 80.8 | NPPES [2] |
| Primary care and family medicine | 26 | 14.4 | NPPES [2] |
| Specialty physician groups | 24 | 13.3 | NPPES [2] |
| DME and HME suppliers | 19 | 10.5 | NPPES [2] |
| General dentistry | 19 | 10.5 | NPPES [2] |
| Optometry and ophthalmology | 19 | 10.5 | NPPES [2] |
| Behavioral and mental health group practices | 19 | 10.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 16 | 8.9 | NPPES [2] |
| Home health | 12 | 6.6 | NPPES [2] |
| Chiropractic | 11 | 6.1 | NPPES [2] |
| Clinical and toxicology labs | 10 | 5.5 | NPPES [2] |
| Independent pharmacy | 8 | 4.4 | NPPES [2] |
| Dental specialties | 7 | 3.9 | NPPES [2] |
| Non-medical home care | 7 | 3.9 | NPPES [2] |
| Audiology and hearing centers | 6 | 3.3 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 6 | 3.3 | NPPES [2] |
| ABA and autism therapy | 3 | 1.7 | NPPES [2] |
| Podiatry | 2 | 1.1 | NPPES [2] |
| Dermatology | 2 | 1.1 | NPPES [2] |
| Urgent care | 2 | 1.1 | NPPES [2] |
| Sleep centers | 2 | 1.1 | NPPES [2] |
| SUD treatment and residential | 2 | 1.1 | NPPES [2] |
| Imaging centers | 2 | 1.1 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.1 | NPPES [2] |
| Dialysis and infusion centers | 2 | 1.1 | NPPES [2] |
| NEMT and ambulance | 1 | 0.6 | NPPES [2] |
| Hospice and palliative | 1 | 0.6 | NPPES [2] |
| Clinical research sites | 1 | 0.6 | NPPES [2] |
| IV hydration and infusion | 1 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.6 | NPPES [2] |
| Medical equipment suppliers | 8 | CMS [5] |
Physical, occupational, and speech therapy carries 146 of the 379 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Marion County approvals, dollars, and lending establishments
2 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 2 | One published fiscal year, healthcare borrowers only [6] |
| Total approved capital | $730,000 | Approved, not disbursed, and not net of withdrawals [6] |
| Mean deal size | $365,000 | A mean, so one large approval moves it [6] |
| Lenders sited in the county | 27 | Credit intermediation offices sited in the county [7] |
The consequence of these numbers
209.8 per 10,000 is the first number a credit analyst converts into a realistic new-patient count. With 2 approvals on record in Marion County, expect a longer appraisal and a wider collateral discount. Household income of $60,791 in Fairmont is the number a lender uses to sanity check the self-pay share of a revenue projection.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Expansion, relocation, and build-out
- Equipment financing and leasing
Built from what is enumerated here rather than from a national list, so a field with no presence in Fairmont does not appear. Availability is still a West Virginia question.
The first pages of a Fairmont file
What a funder opens first depends on the field. In Fairmont that means physical, occupational, and speech therapy, primary care and family medicine, specialty physician groups.
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (146) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (26) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Specialty physician groups (24) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
Column one counts Fairmont clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Fairmont file differently.
Fairmont against nearby West Virginia markets
The neighboring markets below are the ones a valuation borrows from when Fairmont has too few sales of its own
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Fairmont (current) | 18,063 | 379 | 209.8 | |
| Morgantown | 30,490 | 1,442 | 472.9 | 15 |
| Clarksburg | 15,262 | 254 | 166.4 | 18 |
| Wheeling | 26,060 | 485 | 186.1 | 50 |
| Weirton | 18,317 | 179 | 97.7 | 68 |
| Vienna | 10,406 | 128 | 123.0 | 74 |
| Parkersburg | 28,834 | 563 | 195.3 | 76 |
What the geography does to a Fairmont projection
16 miles separate Fairmont from Morgantown, WV. Lease pricing follows Morgantown, WV, while revenue stays capped by the 18,063 residents here. Median household income runs $60,791, which is the number a funder converts into case acceptance on anything elective or cash-pay. With no hospital in town, a projection has to name where referrals and coverage come from. Campus terms, not calendar quarters, set the busy months in Fairmont. Fairmont is the Marion County seat, so county employment steadies the payer mix.
More of West Virginia
- Morgantown 30,490 residents
- Clarksburg 15,262 residents
- Wheeling 26,060 residents
- Weirton 18,317 residents
- Vienna 10,406 residents
- Parkersburg 28,834 residents
What owners in Fairmont ask
01How many providers practice in Fairmont, and in what?
Across 30 fields, Fairmont carries 379 enumerated clinicians, 209.8 per 10,000 of the 18,063 people living here. The concentration is in physical, occupational, and speech therapy, 146 of the total, then primary care and family medicine at 26. Count practices from that only with care.
02Why does Marion County show so little SBA activity?
The published file records 2 7(a) and 504 approvals to healthcare borrowers in Marion County. That tracks how few Marion County practices changed hands that year, not credit quality. 27 credit intermediation establishments operate in Marion County, so the lending capacity is local even where the healthcare history is not.
03What does Marion County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Marion County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 18,063 residents gets past the question of who would take the job.
04What does a $60,791 median income mean for case acceptance?
Median household income in Fairmont runs $60,791. 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.
05Does being the Marion County seat change anything?
Fairmont is the Marion County seat, so county payroll steadies the payer mix and courthouse traffic keeps the daytime population above the 18,063 residents on the census. Both show up as a flatter seasonal curve in a collections history.
06Which fields carry the volume in Fairmont?
Physical, occupational, and speech therapy at 146 providers and primary care and family medicine at 26 lead the 30 fields enumerated here. A funder reads that mix as the local competition set and the local hiring pool at once, before it reads a single line of your own numbers.
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. Department of Education, IPEDS 2023 institutional directory
- 5CMS Care Compare provider datasets
- 6U.S. Small Business Administration, 7(a) and 504 approvals
- 7U.S. Census Bureau, County Business Patterns 2022
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