Iowa micro-market
Healthcare practice financing in Waverly, Iowa
Direct answer
A Waverly file is read against 220 local clinicians, 208.0 for every 10,000 of its 10,576 residents, 65 percent of them in physical, occupational, and speech therapy, plus the 1 SBA healthcare approvals worth $101,000 already recorded in Bremer County, 17 miles from Waterloo-Cedar Falls, IA.
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 Iowa, and how many partners see it, is set out on the Iowa page.
- Population: 10,576 residents (10K-25K band)1
- Healthcare providers registered here: 220 across 19 fields2
- Median household income: $78,4293
- Largest provider field: Physical, occupational, and speech therapy: 144 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Waterloo-Cedar Falls, IA, 17 miles1
Waverly clinicians, by field
Counted at the town's own addresses: 220 providers, 19 fields, 208.0 clinicians per 10,000 of the 10,576 residents here
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 144 | 136.2 | NPPES [2] |
| Chiropractic | 19 | 18.0 | NPPES [2] |
| Primary care and family medicine | 16 | 15.1 | NPPES [2] |
| Optometry and ophthalmology | 10 | 9.5 | NPPES [2] |
| General dentistry | 8 | 7.6 | NPPES [2] |
| DME and HME suppliers | 4 | 3.8 | NPPES [2] |
| Behavioral and mental health group practices | 4 | 3.8 | NPPES [2] |
| Independent pharmacy | 3 | 2.8 | NPPES [2] |
| Home health | 2 | 1.9 | NPPES [2] |
| Sleep centers | 1 | 0.9 | NPPES [2] |
| SUD treatment and residential | 1 | 0.9 | NPPES [2] |
| Dental specialties | 1 | 0.9 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.9 | NPPES [2] |
| Non-medical home care | 1 | 0.9 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.9 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.9 | NPPES [2] |
| Specialty physician groups | 1 | 0.9 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.9 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.9 | NPPES [2] |
| Medical equipment suppliers | 7 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 144 of the 220 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What lenders have already approved in Bremer County
1 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Line | Amount | Reading and source |
|---|---|---|
| Approvals on record | 1 | One published fiscal year, healthcare borrowers only [5] |
| Total approved capital | $101,000 | Approved, not disbursed, and not net of withdrawals [5] |
| Mean deal size | $101,000 | A mean, so one large approval moves it [5] |
| Lenders sited in the county | 18 | Credit intermediation offices sited in the county [6] |
How this data lands in an underwriting decision
The ratio that matters up front is 208.0 per 10,000, which decides whether a ramp schedule reads as conservative. With 1 approvals on record in Bremer County, expect a longer appraisal and a wider collateral discount. With $78,429 as the median household income, the payer mix in a projection has to match what Waverly households actually spend.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Medical receivables factoring
- Equipment financing and leasing
Built from what is enumerated here rather than from a national list, so a field with no presence in Waverly does not appear. Availability is still a Iowa question.
The first pages of a Waverly file
What a funder opens first depends on the field. In Waverly that means physical, occupational, and speech therapy, chiropractic, primary care and family medicine.
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (144) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (19) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| Primary care and family medicine (16) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
Counts in the first column are Waverly providers from NPPES. The other two columns describe how funders read that field across markets like Waverly, not what any funder will do with your file.
How Waverly prices against its neighbors
Comparables travel. These are the Iowa towns whose density, at 208.0 per 10,000 here, gets weighed beside this one.
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Waverly (current) | 10,576 | 220 | 208.0 | |
| Cedar Falls | 41,417 | 321 | 77.5 | 14 |
| Waterloo | 67,477 | 572 | 84.8 | 17 |
| Marshalltown | 27,886 | 211 | 75.7 | 52 |
| Marion | 42,542 | 161 | 37.8 | 65 |
| Ames | 69,026 | 473 | 68.5 | 76 |
| Newton | 15,709 | 148 | 94.2 | 76 |
What the geography does to a Waverly projection
17 miles separate Waverly from Waterloo-Cedar Falls, IA. Lease pricing follows Waterloo-Cedar Falls, IA, while revenue stays capped by the 10,576 residents here. Median household income runs $78,429, which is the number a funder converts into case acceptance on anything elective or cash-pay. Because a certified hospital sits inside the town, both the referral path and the pay a clinical hire expects are already observable. Campus terms, not calendar quarters, set the busy months in Waverly. Waverly is the Bremer County seat, so county employment steadies the payer mix.
More of Iowa
- Cedar Falls 41,417 residents
- Waterloo 67,477 residents
- Marshalltown 27,886 residents
- Marion 42,542 residents
- Ames 69,026 residents
- Newton 15,709 residents
Waverly owners, answered
01How many providers practice in Waverly, and in what?
Across 19 fields, Waverly carries 220 enumerated clinicians, 208.0 per 10,000 of the 10,576 people living here. The concentration is in physical, occupational, and speech therapy, 144 of the total, then chiropractic at 19. Count practices from that only with care.
02Why does Bremer County show so little SBA activity?
The published file records 1 7(a) and 504 approvals to healthcare borrowers in Bremer County. That tracks how few Bremer County practices changed hands that year, not credit quality. 18 credit intermediation establishments operate in Bremer County, so the lending capacity is local even where the healthcare history is not.
03Is Waverly underwritten as part of Waterloo-Cedar Falls, IA?
Waterloo-Cedar Falls, IA sits 17 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Waterloo-Cedar Falls, IA; the 10,576 residents set the ceiling a projection can defend.
04What does Bremer County's shortage designation change?
Designated for primary care, dental, mental health, Bremer County qualifies its clinicians for federal repayment support. On a file that turns on adding staff, that is the difference between a hiring assumption and a hiring plan.
05How does the hospital in Waverly affect a practice file?
It makes the staffing and referral lines checkable. 1 Medicare-certified providers hold Waverly addresses, and the hospital sets the wage a clinical hire is bid against in a 208.0 per 10,000 market.
06Does being the Bremer County seat change anything?
Waverly is the Bremer County seat, so county payroll steadies the payer mix and courthouse traffic keeps the daytime population above the 10,576 residents on the census. Both show up as a flatter seasonal curve in a collections history.
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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