New Jersey micro-market
Healthcare practice financing in Elmwood Park, New Jersey
Direct answer
124 healthcare providers hold a Elmwood Park practice address, 57.2 per 10,000 of its 21,680 residents, 19 percent of them in physical, occupational, and speech therapy. Bergen County recorded 39 SBA healthcare approvals worth $19,343,600, and New York-Newark-Jersey City, NY-NJ sits 19 miles out.
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 New Jersey, and how many partners see it, is set out on the New Jersey page.
- Population: 21,680 residents (10K-25K band)1
- Healthcare providers registered here: 124 across 24 fields2
- Median household income: $100,8523
- Largest provider field: Physical, occupational, and speech therapy: 23 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: New York-Newark-Jersey City, NY-NJ, 19 miles1
The clinical base a lender can verify here
Counted at the town's own addresses: 124 providers, 24 fields, 57.2 clinicians per 10,000 of the 21,680 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 23 | 10.6 | NPPES [2] |
| Optometry and ophthalmology | 17 | 7.8 | NPPES [2] |
| General dentistry | 10 | 4.6 | NPPES [2] |
| DME and HME suppliers | 8 | 3.7 | NPPES [2] |
| ABA and autism therapy | 8 | 3.7 | NPPES [2] |
| Behavioral and mental health group practices | 8 | 3.7 | NPPES [2] |
| Home health | 6 | 2.8 | NPPES [2] |
| Specialty physician groups | 6 | 2.8 | NPPES [2] |
| Independent pharmacy | 5 | 2.3 | NPPES [2] |
| Dental specialties | 4 | 1.8 | NPPES [2] |
| NEMT and ambulance | 4 | 1.8 | NPPES [2] |
| Audiology and hearing centers | 4 | 1.8 | NPPES [2] |
| Clinical and toxicology labs | 4 | 1.8 | NPPES [2] |
| Imaging centers | 3 | 1.4 | NPPES [2] |
| Podiatry | 2 | 0.9 | NPPES [2] |
| Primary care and family medicine | 2 | 0.9 | NPPES [2] |
| Non-medical home care | 2 | 0.9 | NPPES [2] |
| Med spa and aesthetics | 2 | 0.9 | NPPES [2] |
| Urgent care | 1 | 0.5 | NPPES [2] |
| Chiropractic | 1 | 0.5 | NPPES [2] |
| ASCs and OBLs | 1 | 0.5 | NPPES [2] |
| Pain management and interventional | 1 | 0.5 | NPPES [2] |
| Mobile diagnostics | 1 | 0.5 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.5 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 23 of the 124 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Bergen County approvals, dollars, and lending establishments
39 healthcare approvals averaging $495,990 set the deal shape lenders in Bergen County have already underwritten
| What it measures | Value | How to read it |
|---|---|---|
| Healthcare files approved | 39 | One published fiscal year, healthcare borrowers only [5] |
| Dollars behind them | $19,343,600 | Approved, not disbursed, and not net of withdrawals [5] |
| Typical approval size | $495,990 | A mean, so one large approval moves it [5] |
| Credit offices operating locally | 598 | Credit intermediation offices sited in the county [6] |
How this data lands in an underwriting decision
Density of 57.2 per 10,000 sets the patient draw a projection can claim without an argument. Because Bergen County already carries $19,343,600 across 39 healthcare approvals, a request near that average moves faster than one well above it. A $100,852 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Expansion, relocation, and build-out
Built from what is enumerated here rather than from a national list, so a field with no presence in Elmwood Park does not appear. Availability is still a New Jersey question.
What a funder reads first in Elmwood Park
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, optometry and ophthalmology, general dentistry
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (23) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Optometry and ophthalmology (17) | Exam volume and optical capture, Vision plan mix, Inventory turns | Cold start or acquisition |
| General dentistry (10) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.
Density beside the neighboring New Jersey towns
Set Elmwood Park's 57.2 per 10,000 against the towns an appraiser would reach for next
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Elmwood Park (current) | 21,680 | 124 | 57.2 | |
| Fair Lawn | 36,489 | 629 | 172.4 | 2 |
| Garfield | 33,530 | 97 | 28.9 | 2 |
| Lodi | 26,358 | 113 | 42.9 | 3 |
| Maywood | 10,221 | 110 | 107.6 | 3 |
| Passaic | 70,722 | 357 | 50.5 | 3 |
| Clifton | 90,322 | 1,120 | 124.0 | 4 |
Distance, income, and the wage floor around Elmwood Park
New York-Newark-Jersey City, NY-NJ lies 19 miles from Elmwood Park, close enough that appraisers price the lease against New York-Newark-Jersey City, NY-NJ rents while 21,680 residents set the revenue ceiling. Median household income runs $100,852, which is the number a funder converts into case acceptance on anything elective or cash-pay. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
More of New Jersey
Questions from Elmwood Park
01How many providers practice in Elmwood Park, and in what?
NPPES lists 124 providers at a Elmwood Park practice address, 57.2 per 10,000 residents across 24 tracked fields. Physical, occupational, and speech therapy accounts for 23 of them, 19 percent of the total, with optometry and ophthalmology next at 17. Read that as clinicians: 124 enumerations, not 124 owners.
02What does SBA lending look like around Elmwood Park?
The county file behind Elmwood Park holds 39 healthcare approvals totaling $19,343,600, an average of $495,990. Those are the loan sizes lenders in Bergen County have already carried.
03Is Elmwood Park underwritten as part of New York-Newark-Jersey City, NY-NJ?
Comparables and demand split at 19 miles. An appraiser prices the lease and the equipment off New York-Newark-Jersey City, NY-NJ; the revenue line has to hold up against 21,680 local residents.
04What does a $100,852 median income mean for case acceptance?
Median household income in Elmwood Park runs $100,852. 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.
05Is there local lending capacity in Bergen County?
County Business Patterns records 598 credit intermediation establishments in Bergen County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Elmwood Park rents and resale before or by somebody working from a screen.
06Which fields carry the volume in Elmwood Park?
Volume concentrates in physical, occupational, and speech therapy, 23 of them, ahead of optometry and ophthalmology at 17, across 24 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
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
Our team reviews every request within 1 business day. If a funding partner thinks they can help, a specialist from that partner contacts you to discuss next steps.