New Jersey micro-market
Healthcare practice financing in Woodland Park, New Jersey
Direct answer
Passaic County carries 13 SBA healthcare approvals worth $5,305,700, and inside Woodland Park the census shows 82 enumerated clinicians against 13,477 residents, 60.8 per 10,000, 24 percent of them in physical, occupational, and speech therapy. New York-Newark-Jersey City, NY-NJ lies 21 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 New Jersey, and how many partners see it, is set out on the New Jersey page.
- Population: 13,477 residents (10K-25K band)1
- Healthcare providers registered here: 82 across 25 fields2
- Median household income: $85,6383
- Largest provider field: Physical, occupational, and speech therapy: 20 registered providers2
- Medicare-certified providers in town: 6 across 4 categories4
- Nearest metro: New York-Newark-Jersey City, NY-NJ, 21 miles1
The clinical base a lender can verify here
The NPPES file puts 82 enumerated clinicians inside Woodland Park, spread over 25 fields at 60.8 per 10,000 residents
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 20 | 14.8 | NPPES [2] |
| Specialty physician groups | 9 | 6.7 | NPPES [2] |
| Chiropractic | 8 | 5.9 | NPPES [2] |
| Optometry and ophthalmology | 8 | 5.9 | NPPES [2] |
| Primary care and family medicine | 4 | 3.0 | NPPES [2] |
| ASCs and OBLs | 3 | 2.2 | NPPES [2] |
| General dentistry | 3 | 2.2 | NPPES [2] |
| NEMT and ambulance | 3 | 2.2 | NPPES [2] |
| Med spa and aesthetics | 3 | 2.2 | NPPES [2] |
| Podiatry | 2 | 1.5 | NPPES [2] |
| DME and HME suppliers | 2 | 1.5 | NPPES [2] |
| Home health | 2 | 1.5 | NPPES [2] |
| Imaging centers | 2 | 1.5 | NPPES [2] |
| Independent pharmacy | 2 | 1.5 | NPPES [2] |
| Dermatology | 1 | 0.7 | NPPES [2] |
| SUD treatment and residential | 1 | 0.7 | NPPES [2] |
| Dental specialties | 1 | 0.7 | NPPES [2] |
| ABA and autism therapy | 1 | 0.7 | NPPES [2] |
| Hospice and palliative | 1 | 0.7 | NPPES [2] |
| Behavioral and mental health group practices | 1 | 0.7 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.7 | NPPES [2] |
| Plastic and cosmetic surgery | 1 | 0.7 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.7 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.7 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 1 | 0.7 | NPPES [2] |
| Ambulatory surgical centers | 3 | CMS [4] | |
| Medical equipment suppliers | 1 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] | |
| Home health agencies | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 20 of the 82 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
What Passaic County credit files already show
13 healthcare approvals averaging $408,131 set the deal shape lenders in Passaic County have already underwritten
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 13 | Fiscal year published in the SBA file [5] |
| Total approved capital | $5,305,700 | Sum of approvals to healthcare borrowers [5] |
| Mean deal size | $408,131 | Dollars divided by approvals [5] |
| Lenders sited in the county | 242 | Credit intermediation establishments, NAICS 522 [6] |
How this data lands in an underwriting decision
The ratio that matters up front is 60.8 per 10,000, which decides whether a ramp schedule reads as conservative. A request measured against 13 prior Passaic County approvals is priced on precedent, which shortens the questions about valuation. A $85,638 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
- Equipment financing and leasing
- Working capital term loan
- Expansion, relocation, and build-out
Built from what is enumerated here rather than from a national list, so a field with no presence in Woodland Park does not appear. Availability is still a New Jersey question.
Underwriting by field in Woodland Park
What a funder opens first depends on the field. In Woodland Park that means physical, occupational, and speech therapy, specialty physician groups, chiropractic.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (20) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (9) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Chiropractic (8) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
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
Density is the number that moves an appraisal: 60.8 per 10,000 here
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Woodland Park (current) | 13,477 | 82 | 60.8 | |
| Totowa | 11,064 | 184 | 166.3 | 2 |
| Clifton | 90,322 | 1,120 | 124.0 | 3 |
| Elmwood Park | 21,680 | 124 | 57.2 | 4 |
| Passaic | 70,722 | 357 | 50.5 | 4 |
| Fair Lawn | 36,489 | 629 | 172.4 | 5 |
| Garfield | 33,530 | 97 | 28.9 | 5 |
What the geography does to a Woodland Park projection
21 miles separate Woodland Park from New York-Newark-Jersey City, NY-NJ. Lease pricing follows New York-Newark-Jersey City, NY-NJ, while revenue stays capped by the 13,477 residents here. At $85,638 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. A degree-granting institution here moves volume on the academic calendar.
Other New Jersey markets
Woodland Park owners, answered
01How many providers practice in Woodland Park, and in what?
82 enumerations sit at Woodland Park addresses in the monthly NPPES file, working out to 60.8 for every 10,000 residents. 24 percent of them are physical, occupational, and speech therapy, and specialty physician groups follows with 9. An enumeration is a clinician, so the 82 here cover fewer than 82 practices.
02What does Passaic County's shortage designation change?
Passaic County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Woodland Park can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Is Woodland Park underwritten as part of New York-Newark-Jersey City, NY-NJ?
New York-Newark-Jersey City, NY-NJ sits 21 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read New York-Newark-Jersey City, NY-NJ; the 13,477 residents set the ceiling a projection can defend.
04Is there local lending capacity in Passaic County?
County Business Patterns records 242 credit intermediation establishments in Passaic County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Woodland Park rents and resale before or by somebody working from a screen.
05What does SBA lending look like around Woodland Park?
Healthcare borrowers in Passaic County took 13 approvals worth $5,305,700 in the published fiscal year, averaging $408,131. That is the comparable set an appraiser near Woodland Park reaches for first.
06What does the underserved designation in Passaic County support?
Passaic County carries a medically underserved designation. It evidences unmet demand behind a capacity build, and it opens recruitment programs that make a staffing line in a projection easier to defend than local wage data alone would.
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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