Michigan micro-market
Healthcare practice financing in South Lyon, Michigan
Direct answer
Oakland County carries 53 SBA healthcare approvals worth $30,622,600, and inside South Lyon the census shows 213 enumerated clinicians against 12,219 residents, 174.3 per 10,000, 34 percent of them in physical, occupational, and speech therapy. Ann Arbor, MI lies 13 miles away.
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 Michigan, and how many partners see it, is set out on the Michigan page.
- Population: 12,219 residents (10K-25K band)1
- Healthcare providers registered here: 213 across 19 fields2
- Median household income: $83,8223
- Largest provider field: Physical, occupational, and speech therapy: 73 registered providers2
- Nearest metro: Ann Arbor, MI, 13 miles1
- SBA healthcare approvals in the county: 53 approvals totaling $30,622,6004
What NPPES records at South Lyon addresses
174.3 providers per 10,000 residents is what 213 enumerations across 19 fields works out to in a town of 12,219
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 73 | 59.7 | NPPES [2] |
| Primary care and family medicine | 35 | 28.6 | NPPES [2] |
| General dentistry | 24 | 19.6 | NPPES [2] |
| Chiropractic | 13 | 10.6 | NPPES [2] |
| Optometry and ophthalmology | 11 | 9.0 | NPPES [2] |
| Behavioral and mental health group practices | 10 | 8.2 | NPPES [2] |
| Dental specialties | 9 | 7.4 | NPPES [2] |
| DME and HME suppliers | 7 | 5.7 | NPPES [2] |
| Podiatry | 5 | 4.1 | NPPES [2] |
| ABA and autism therapy | 5 | 4.1 | NPPES [2] |
| Independent pharmacy | 4 | 3.3 | NPPES [2] |
| Non-medical home care | 4 | 3.3 | NPPES [2] |
| Home health | 3 | 2.5 | NPPES [2] |
| Dermatology | 2 | 1.6 | NPPES [2] |
| SUD treatment and residential | 2 | 1.6 | NPPES [2] |
| Specialty physician groups | 2 | 1.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 1.6 | NPPES [2] |
| Pain management and interventional | 1 | 0.8 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.8 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [5] |
Several of the 73 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
What lenders have already approved in Oakland County
Lenders in Oakland County have already closed 53 healthcare approvals, averaging $577,785, which is the size a new file gets read beside
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 53 | Counted for the fiscal year the SBA publishes [4] |
| Total approved capital | $30,622,600 | Everything approved to healthcare borrowers, added up [4] |
| Mean deal size | $577,785 | The dollar column over the approval column [4] |
| Lenders sited in the county | 814 | Places that write credit locally, NAICS 522 [6] |
How this data lands in an underwriting decision
Density of 174.3 per 10,000 sets the patient draw a projection can claim without an argument. Because Oakland County already carries $30,622,600 across 53 healthcare approvals, a request near that average moves faster than one well above it. With $83,822 as the median household income, the payer mix in a projection has to match what South Lyon households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Expansion, relocation, and build-out
- Equipment financing and leasing
Weighted by how often each of the 19 local fields reaches for a program, not by what is easiest to refer. Michigan rules and the partner decide availability.
Underwriting by field in South Lyon
physical, occupational, and speech therapy, primary care and family medicine, general dentistry account for most of what is enumerated in South Lyon, so those are the files funders see from this town
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (73) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (35) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| General dentistry (24) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
NPPES supplies the South Lyon counts. The reading columns describe the field in general, and no partner reviewing a South Lyon file is bound by them.
How South Lyon prices against its neighbors
Density is the number that moves an appraisal: 174.3 per 10,000 here
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| South Lyon (current) | 12,219 | 213 | 174.3 | |
| Wixom | 17,486 | 77 | 44.0 | 8 |
| Farmington | 11,547 | 165 | 142.9 | 14 |
| Ypsilanti | 20,150 | 1,155 | 573.2 | 15 |
| Westland | 82,745 | 545 | 65.9 | 17 |
| Wayne | 17,129 | 218 | 127.3 | 19 |
| Dearborn Heights | 61,040 | 436 | 71.4 | 20 |
What the geography does to a South Lyon projection
13 miles separate South Lyon from Ann Arbor, MI. Lease pricing follows Ann Arbor, MI, while revenue stays capped by the 12,219 residents here. At $83,822 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from.
Nearby Michigan towns
- Wixom 17,486 residents
- Farmington 11,547 residents
- Ypsilanti 20,150 residents
- Westland 82,745 residents
- Wayne 17,129 residents
- Dearborn Heights 61,040 residents
Questions from South Lyon
01How many providers practice in South Lyon, and in what?
Across 19 fields, South Lyon carries 213 enumerated clinicians, 174.3 per 10,000 of the 12,219 people living here. The concentration is in physical, occupational, and speech therapy, 73 of the total, then primary care and family medicine at 35. Count practices from that only with care.
02What does Oakland County's shortage designation change?
Designated for primary care, dental, mental health, Oakland 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.
03Which fields carry the volume in South Lyon?
Physical, occupational, and speech therapy at 73 providers and primary care and family medicine at 35 lead the 19 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.
04What does SBA lending look like around South Lyon?
Healthcare borrowers in Oakland County took 53 approvals worth $30,622,600 in the published fiscal year, averaging $577,785. That is the comparable set an appraiser near South Lyon reaches for first.
05Is South Lyon underwritten as part of Ann Arbor, MI?
Ann Arbor, MI sits 13 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Ann Arbor, MI; the 12,219 residents set the ceiling a projection can defend.
06Is there local lending capacity in Oakland County?
County Business Patterns records 814 credit intermediation establishments in Oakland County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen South Lyon rents and resale before or by somebody working from a screen.
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. Small Business Administration, 7(a) and 504 approvals
- 5CMS Care Compare provider datasets
- 6U.S. Census Bureau, County Business Patterns 2022
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