Utah micro-market
Healthcare practice financing in Midvale, Utah
Direct answer
A Midvale file is read against 232 local clinicians, 64.1 for every 10,000 of its 36,219 residents, 13 percent of them in general dentistry, plus the 46 SBA healthcare approvals worth $38,190,600 already recorded in Salt Lake County, 11 miles from Salt Lake City-Murray, UT.
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 Utah, and how many partners see it, is set out on the Utah page.
- Population: 36,219 residents (25K-50K band)1
- Healthcare providers registered here: 232 across 22 fields2
- Median household income: $73,0583
- Largest provider field: General dentistry: 29 registered providers2
- Medicare-certified providers in town: 3 across 2 categories4
- Nearest metro: Salt Lake City-Murray, UT, 11 miles1
What NPPES records at Midvale addresses
64.1 providers per 10,000 residents is what 232 enumerations across 22 fields works out to in a town of 36,219
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| General dentistry | 29 | 8.0 | NPPES [2] |
| ABA and autism therapy | 29 | 8.0 | NPPES [2] |
| Physical, occupational, and speech therapy | 26 | 7.2 | NPPES [2] |
| Chiropractic | 24 | 6.6 | NPPES [2] |
| Primary care and family medicine | 21 | 5.8 | NPPES [2] |
| Optometry and ophthalmology | 17 | 4.7 | NPPES [2] |
| DME and HME suppliers | 14 | 3.9 | NPPES [2] |
| Behavioral and mental health group practices | 11 | 3.0 | NPPES [2] |
| Independent pharmacy | 8 | 2.2 | NPPES [2] |
| Non-medical home care | 7 | 1.9 | NPPES [2] |
| Home health | 6 | 1.7 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 6 | 1.7 | NPPES [2] |
| Specialty physician groups | 6 | 1.7 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 6 | 1.7 | NPPES [2] |
| Hospice and palliative | 5 | 1.4 | NPPES [2] |
| SUD treatment and residential | 4 | 1.1 | NPPES [2] |
| Dermatology | 3 | 0.8 | NPPES [2] |
| Dental specialties | 3 | 0.8 | NPPES [2] |
| Podiatry | 2 | 0.6 | NPPES [2] |
| ASCs and OBLs | 2 | 0.6 | NPPES [2] |
| Telehealth and virtual clinics | 2 | 0.6 | NPPES [2] |
| Audiology and hearing centers | 1 | 0.3 | NPPES [2] |
| Medical equipment suppliers | 9 | CMS [4] | |
| Hospice providers | 2 | CMS [4] | |
| Home health agencies | 1 | CMS [4] |
General dentistry carries 29 of the 232 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 Salt Lake County
The published file shows 46 healthcare approvals in Salt Lake County, $38,190,600 in total, and that history is what an appraiser and a credit committee reach for
| What it measures | Value | How to read it |
|---|---|---|
| SBA healthcare approvals | 46 | One published fiscal year, healthcare borrowers only [5] |
| Approved dollars | $38,190,600 | Approved, not disbursed, and not net of withdrawals [5] |
| Average approval | $830,230 | A mean, so one large approval moves it [5] |
| Lending establishments in the county | 920 | Credit intermediation offices sited in the county [6] |
Reading Midvale the way a credit committee does
A file from here opens on 64.1 providers per 10,000 residents, and everything about volume follows from it. 46 approvals worth $38,190,600 in Salt Lake County means the size you are asking for has a local precedent to point at. A $73,058 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
- Expansion, relocation, and build-out
- Working capital term loan
- Equipment financing and leasing
Weighted by how often each of the 22 local fields reaches for a program, not by what is easiest to refer. Utah rules and the partner decide availability.
The first pages of a Midvale file
What a funder opens first depends on the field. In Midvale that means general dentistry, aba and autism therapy, physical, occupational, and speech therapy.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| General dentistry (29) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
| ABA and autism therapy (29) | Authorized hours against delivered hours, Payer mix stability, Billing compliance history | Working capital against authorization and billing lag |
| Physical, occupational, and speech therapy (26) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
Column one counts Midvale clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Midvale file differently.
Midvale against nearby Utah markets
64.1 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Midvale
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Midvale (current) | 36,219 | 232 | 64.1 | |
| Sandy | 92,840 | 691 | 74.4 | 4 |
| Taylorsville | 57,819 | 989 | 171.1 | 4 |
| Cottonwood Heights | 32,437 | 153 | 47.2 | 4 |
| Holladay | 30,588 | 129 | 42.2 | 5 |
| South Salt Lake | 26,561 | 134 | 50.4 | 6 |
| Millcreek | 64,217 | 49 | 7.6 | 6 |
How Midvale sits against the nearest metro
Distance to Salt Lake City-Murray, UT is 11 miles. Appraisers borrow Salt Lake City-Murray, UT rents, and the 36,219 residents set the ceiling on collections. Median household income runs $73,058, which is the number a funder converts into case acceptance on anything elective or cash-pay. Referral flow comes from outside Midvale, which a projection needs to state plainly. A college in Midvale puts a term-shaped curve into monthly collections.
More of Utah
- Sandy 92,840 residents
- Taylorsville 57,819 residents
- Cottonwood Heights 32,437 residents
- Holladay 30,588 residents
- South Salt Lake 26,561 residents
- Millcreek 64,217 residents
What owners in Midvale ask
01How many providers practice in Midvale, and in what?
Across 22 fields, Midvale carries 232 enumerated clinicians, 64.1 per 10,000 of the 36,219 people living here. The concentration is in general dentistry, 29 of the total, then aba and autism therapy at 29. Count practices from that only with care.
02What does SBA lending look like around Midvale?
The county file behind Midvale holds 46 healthcare approvals totaling $38,190,600, an average of $830,230. Those are the loan sizes lenders in Salt Lake County have already carried.
03Is Midvale underwritten as part of Salt Lake City-Murray, UT?
Salt Lake City-Murray, UT sits 11 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Salt Lake City-Murray, UT; the 36,219 residents set the ceiling a projection can defend.
04What does Salt Lake County's shortage designation change?
Salt Lake County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Midvale can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
05Which fields carry the volume in Midvale?
Volume concentrates in general dentistry, 29 of them, ahead of aba and autism therapy at 29, across 22 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
06How does the college here show up in the numbers?
At least one degree-granting institution is based in Midvale, which puts a visible academic calendar into collections: term-time volume against summer troughs. Underwriting reads a seasonal swing better when a pro forma names its cause rather than smoothing it out.
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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