Utah micro-market
Healthcare practice financing in Farmington, Utah
Direct answer
Davis County carries 22 SBA healthcare approvals worth $16,130,900, and inside Farmington the census shows 155 enumerated clinicians against 26,163 residents, 59.2 per 10,000, 29 percent of them in physical, occupational, and speech therapy. Salt Lake City-Murray, UT lies 14 miles away.
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- Population: 26,163 residents (25K-50K band)1
- Healthcare providers registered here: 155 across 22 fields2
- Median household income: $120,4323
- Largest provider field: Physical, occupational, and speech therapy: 45 registered providers2
- Nearest metro: Salt Lake City-Murray, UT, 14 miles1
- County seat: Farmington is the seat of Davis County4
What NPPES records at Farmington addresses
Counted at the town's own addresses: 155 providers, 22 fields, 59.2 clinicians per 10,000 of the 26,163 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 45 | 17.2 | NPPES [2] |
| Primary care and family medicine | 14 | 5.4 | NPPES [2] |
| Dental specialties | 13 | 5.0 | NPPES [2] |
| Behavioral and mental health group practices | 13 | 5.0 | NPPES [2] |
| General dentistry | 12 | 4.6 | NPPES [2] |
| Chiropractic | 10 | 3.8 | NPPES [2] |
| ABA and autism therapy | 8 | 3.1 | NPPES [2] |
| Optometry and ophthalmology | 6 | 2.3 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 5 | 1.9 | NPPES [2] |
| Specialty physician groups | 5 | 1.9 | NPPES [2] |
| Independent pharmacy | 4 | 1.5 | NPPES [2] |
| Audiology and hearing centers | 4 | 1.5 | NPPES [2] |
| Dermatology | 3 | 1.1 | NPPES [2] |
| DME and HME suppliers | 3 | 1.1 | NPPES [2] |
| ASCs and OBLs | 2 | 0.8 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 0.8 | NPPES [2] |
| Podiatry | 1 | 0.4 | NPPES [2] |
| Home health | 1 | 0.4 | NPPES [2] |
| SUD treatment and residential | 1 | 0.4 | NPPES [2] |
| NEMT and ambulance | 1 | 0.4 | NPPES [2] |
| Hospice and palliative | 1 | 0.4 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.4 | NPPES [2] |
| Medical equipment suppliers | 2 | CMS [5] |
Physical, occupational, and speech therapy carries 45 of the 155 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Loan activity in Davis County
The published file shows 22 healthcare approvals in Davis County, $16,130,900 in total, and that history is what an appraiser and a credit committee reach for
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 22 | Counted for the fiscal year the SBA publishes [6] |
| Total approved capital | $16,130,900 | Everything approved to healthcare borrowers, added up [6] |
| Mean deal size | $733,223 | The dollar column over the approval column [6] |
| Lenders sited in the county | 204 | Places that write credit locally, NAICS 522 [7] |
Reading Farmington the way a credit committee does
At 59.2 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A request measured against 22 prior Davis County approvals is priced on precedent, which shortens the questions about valuation. Household income of $120,432 in Farmington is the number a lender uses to sanity check the self-pay share of a revenue projection.
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 Farmington does not appear. Availability is still a Utah question.
What a funder reads first in Farmington
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, dental specialties
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (45) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (14) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Dental specialties (13) | Collections concentrated in the selling doctor, Referral source concentration, Contract receivables on payment plans | Specialty practice acquisition |
Counts in the first column are Farmington providers from NPPES. The other two columns describe how funders read that field across markets like Farmington, not what any funder will do with your file.
Farmington against nearby Utah markets
Set Farmington's 59.2 per 10,000 against the towns an appraiser would reach for next
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Farmington (current) | 26,163 | 155 | 59.2 | |
| Centerville | 16,560 | 79 | 47.7 | 4 |
| Kaysville | 33,252 | 127 | 38.2 | 4 |
| Layton | 84,348 | 693 | 82.2 | 7 |
| Bountiful | 45,024 | 531 | 117.9 | 8 |
| Woods Cross | 11,493 | 49 | 42.6 | 8 |
| Clearfield | 34,778 | 186 | 53.5 | 10 |
What the geography does to a Farmington projection
14 miles separate Farmington from Salt Lake City-Murray, UT. Lease pricing follows Salt Lake City-Murray, UT, while revenue stays capped by the 26,163 residents here. At $120,432 median household income, the elective and cash-pay share of a projection is the line that gets tested first. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed. Farmington is the Davis County seat, so county employment steadies the payer mix.
Nearby Utah towns
- Centerville 16,560 residents
- Kaysville 33,252 residents
- Layton 84,348 residents
- Bountiful 45,024 residents
- Woods Cross 11,493 residents
- Clearfield 34,778 residents
Farmington owners, answered
01How many providers practice in Farmington, and in what?
NPPES lists 155 providers at a Farmington practice address, 59.2 per 10,000 residents across 22 tracked fields. Physical, occupational, and speech therapy accounts for 45 of them, 29 percent of the total, with primary care and family medicine next at 14. Read that as clinicians: 155 enumerations, not 155 owners.
02Is Farmington underwritten as part of Salt Lake City-Murray, UT?
Partly. Salt Lake City-Murray, UT is 14 miles out, so rent and equipment comparables travel in from there while patients still come from the 26,163 residents around Farmington. Cost side metro, revenue side local.
03What does SBA lending look like around Farmington?
Healthcare borrowers in Davis County took 22 approvals worth $16,130,900 in the published fiscal year, averaging $733,223. That is the comparable set an appraiser near Farmington reaches for first.
04What does a $120,432 median income mean for case acceptance?
Median household income in Farmington runs $120,432. 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.
05What does Davis County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Davis County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 26,163 residents gets past the question of who would take the job.
06Is there local lending capacity in Davis County?
County Business Patterns records 204 credit intermediation establishments in Davis County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Farmington 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
- 4Census county subdivision and Wikidata county-seat records
- 5CMS Care Compare provider datasets
- 6U.S. Small Business Administration, 7(a) and 504 approvals
- 7U.S. Census Bureau, County Business Patterns 2022
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