Wisconsin micro-market
Healthcare practice financing in Elkhorn, Wisconsin
Direct answer
10,122 residents, 166 enumerated clinicians, 164.0 per 10,000, 43 percent of them in physical, occupational, and speech therapy: that is the Elkhorn market a funder prices. Walworth County adds 2 healthcare approvals worth $584,000 and 24 miles of distance to Janesville-Beloit, WI.
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 Wisconsin, and how many partners see it, is set out on the Wisconsin page.
- Population: 10,122 residents (10K-25K band)1
- Healthcare providers registered here: 166 across 16 fields2
- Median household income: $73,0523
- Largest provider field: Physical, occupational, and speech therapy: 72 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Janesville-Beloit, WI, 24 miles1
Fields practicing inside Elkhorn
166 providers across 16 fields, 164.0 per 10,000 residents, counted at Elkhorn addresses in the NPPES monthly file
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 72 | 71.1 | NPPES [2] |
| Primary care and family medicine | 24 | 23.7 | NPPES [2] |
| Chiropractic | 14 | 13.8 | NPPES [2] |
| General dentistry | 11 | 10.9 | NPPES [2] |
| Behavioral and mental health group practices | 11 | 10.9 | NPPES [2] |
| Optometry and ophthalmology | 7 | 6.9 | NPPES [2] |
| DME and HME suppliers | 6 | 5.9 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 5 | 4.9 | NPPES [2] |
| Specialty physician groups | 4 | 4.0 | NPPES [2] |
| Independent pharmacy | 3 | 3.0 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 3 | 3.0 | NPPES [2] |
| Audiology and hearing centers | 2 | 2.0 | NPPES [2] |
| Home health | 1 | 1.0 | NPPES [2] |
| NEMT and ambulance | 1 | 1.0 | NPPES [2] |
| ABA and autism therapy | 1 | 1.0 | NPPES [2] |
| Clinical research sites | 1 | 1.0 | NPPES [2] |
| Medical equipment suppliers | 3 | CMS [4] | |
| Home health agencies | 1 | CMS [4] |
A single Elkhorn practice can hold more than one of these numbers. 43 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
The lending record behind Elkhorn
The county file holds 2 healthcare approvals, which is a thin comparable set for anyone pricing collateral
| Measure | Published figure | What sits behind it |
|---|---|---|
| Healthcare files approved | 2 | Fiscal year published in the SBA file [5] |
| Dollars behind them | $584,000 | Sum of approvals to healthcare borrowers [5] |
| Typical approval size | $292,000 | Dollars divided by approvals [5] |
| Credit offices operating locally | 49 | Credit intermediation establishments, NAICS 522 [6] |
The consequence of these numbers
The ratio that matters up front is 164.0 per 10,000, which decides whether a ramp schedule reads as conservative. A short county record of 2 approvals usually means more documentation and a lower advance against the same collateral. A $73,052 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Programs the Elkhorn mix reaches for
- 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 Elkhorn does not appear. Availability is still a Wisconsin question.
The first pages of a Elkhorn file
What a funder opens first depends on the field. In Elkhorn that means physical, occupational, and speech therapy, primary care and family medicine, chiropractic.
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (72) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (24) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Chiropractic (14) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
NPPES supplies the Elkhorn counts. The reading columns describe the field in general, and no partner reviewing a Elkhorn file is bound by them.
Elkhorn against nearby Wisconsin markets
Set Elkhorn's 164.0 per 10,000 against the towns an appraiser would reach for next
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Elkhorn (current) | 10,122 | 166 | 164.0 | |
| Burlington | 10,939 | 205 | 187.4 | 13 |
| Whitewater | 16,076 | 67 | 41.7 | 15 |
| Fort Atkinson | 12,377 | 181 | 146.2 | 23 |
| Janesville | 66,428 | 623 | 93.8 | 24 |
| Muskego | 25,759 | 126 | 48.9 | 25 |
| Beloit | 36,633 | 243 | 66.3 | 26 |
Distance, income, and the wage floor around Elkhorn
Janesville-Beloit, WI lies 24 miles from Elkhorn, close enough that appraisers price the lease against Janesville-Beloit, WI rents while 10,122 residents set the revenue ceiling. Households here carry $73,052 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. The Medicare-certified hospital in Elkhorn sets the local wage floor before you hire against it. A degree-granting institution here moves volume on the academic calendar. Elkhorn is the Walworth County seat, so county employment steadies the payer mix.
Other Wisconsin markets
- Burlington 10,939 residents
- Whitewater 16,076 residents
- Fort Atkinson 12,377 residents
- Janesville 66,428 residents
- Muskego 25,759 residents
- Beloit 36,633 residents
Elkhorn owners, answered
01How many providers practice in Elkhorn, and in what?
166 enumerations sit at Elkhorn addresses in the monthly NPPES file, working out to 164.0 for every 10,000 residents. 43 percent of them are physical, occupational, and speech therapy, and primary care and family medicine follows with 24. An enumeration is a clinician, so the 166 here cover fewer than 166 practices.
02What does Walworth County's shortage designation change?
Walworth County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Elkhorn can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Why does Walworth County show so little SBA activity?
Only 2 healthcare approvals appear for Walworth County in the published 7(a) and 504 file. Thin volume in Walworth County is a transaction count, not a verdict on borrowers here. The county still holds 49 credit intermediation establishments.
04How does the hospital in Elkhorn affect a practice file?
Referral flow, coverage, and the local pay scale all trace back to it. The town carries 1 Medicare-certified providers in total. A Elkhorn projection that names the call arrangement reads better than one that assumes it.
05Which fields carry the volume in Elkhorn?
The 16 enumerated fields are led by physical, occupational, and speech therapy at 72, with primary care and family medicine at 24 behind it. Those two counts double as the competition you are entering and the bench you would hire from.
06Is Elkhorn underwritten as part of Janesville-Beloit, WI?
Janesville-Beloit, WI sits 24 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Janesville-Beloit, WI; the 10,122 residents set the ceiling a projection can defend.
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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