Powered by LevrNAICS 622210: Psychiatric and substance abuse hospitals
NAICS 622210 is the industry code for psychiatric and substance abuse hospitals. Use it on loan applications, tax forms and registrations. Explore financing for medical and dental and start your application when you are ready.
What 622210 covers
These hospitals provide inpatient diagnosis and treatment for mental health conditions and substance use disorders, with physicians and nursing on site.
Included in this code
- Psychiatric hospitals
- Inpatient detox hospitals
- Behavioral health hospitals
- Substance use treatment hospitals
Not this code
- Residential treatment facilities: see 623220 Residential mental health and substance abuse facilities
- Outpatient treatment centers: see 621420 Outpatient mental health and substance abuse centers
Businesses that use 622210
Financing for this trade
Behavioral hospitals finance with HUD 242 and conventional mortgages, sale leasebacks, receivables lines and equipment loans. Lenders look at licensing, census, payer contracts and survey history.
Apply for funding with AIIs 622210 the right code for a psychiatric or substance abuse hospital?
Yes, if you operate a licensed hospital providing inpatient psychiatric or substance use treatment with medical staff. Residential programs that are not hospitals use 623220. Outpatient programs use 621420. Inpatient detox hospitals licensed as hospitals belong here too. The license type, not the program name, usually decides between 622210 and 623220.
What is the SBA size standard for 622210?
SBA sets the size standard for 622210 at $47 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Psychiatric and substance abuse hospitals at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent psychiatric and substance abuse hospitals fall well inside the limit, so size is rarely what decides an SBA application.
How are behavioral health hospitals financed?
Common sources are HUD insured mortgages, conventional real estate loans, sale leasebacks and receivables lines against insurer and Medicaid payments. Lenders look at occupancy, payer contracts, licensing, accreditation and the operator's track record. Sale leasebacks can free up capital for expansion.
What does NAICS 622210 cover?
Psychiatric and substance abuse hospitals. Industry level code in NAICS 2022, under 62 Health care and social assistance, 622 Hospitals, 6222 Psychiatric and substance abuse hospitals, 62221 Psychiatric and substance abuse hospitals.
What financing do NAICS 622210 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for medical and dental businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 622210?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.