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Utah micro-market

Healthcare practice financing in Riverton, Utah

Direct answer

46,680 residents, 297 enumerated clinicians, 63.6 per 10,000, 21 percent of them in physical, occupational, and speech therapy: that is the Riverton market a funder prices. Salt Lake County adds 46 healthcare approvals worth $38,190,600 and 18 miles of distance to 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: 46,680 residents (25K-50K band)1
  • Healthcare providers registered here: 297 across 27 fields2
  • Median household income: $119,0933
  • Largest provider field: Physical, occupational, and speech therapy: 62 registered providers2
  • Medicare-certified providers in town: 1 across 1 categories4
  • Nearest metro: Salt Lake City-Murray, UT, 18 miles1

The provider census in Riverton

63.6 providers per 10,000 residents is what 297 enumerations across 27 fields works out to in a town of 46,680

Providers registered in Riverton
SpecialtyEnumerated cliniciansDensity per 10,000Where it comes from
Physical, occupational, and speech therapy6213.3NPPES [2]
General dentistry377.9NPPES [2]
Primary care and family medicine347.3NPPES [2]
Chiropractic234.9NPPES [2]
Dental specialties194.1NPPES [2]
ABA and autism therapy183.9NPPES [2]
Optometry and ophthalmology183.9NPPES [2]
Specialty physician groups173.6NPPES [2]
Behavioral and mental health group practices132.8NPPES [2]
Independent pharmacy91.9NPPES [2]
Audiology and hearing centers71.5NPPES [2]
Occupational health and drug testing61.3NPPES [2]
Skilled nursing, assisted living, and memory care61.3NPPES [2]
Telehealth and virtual clinics51.1NPPES [2]
Podiatry30.6NPPES [2]
DME and HME suppliers30.6NPPES [2]
Med spa and aesthetics30.6NPPES [2]
Dermatology20.4NPPES [2]
ASCs and OBLs20.4NPPES [2]
SUD treatment and residential20.4NPPES [2]
Ketamine, TMS, and interventional psychiatry20.4NPPES [2]
Urgent care10.2NPPES [2]
Hospice and palliative10.2NPPES [2]
Clinical research sites10.2NPPES [2]
Clinical and toxicology labs10.2NPPES [2]
Plastic and cosmetic surgery10.2NPPES [2]
Dialysis and infusion centers10.2NPPES [2]
Medical equipment suppliers5CMS [4]
Dialysis facilities1CMS [4]

Several of the 62 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners

Salt Lake County approvals, dollars, and lending establishments

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

Salt Lake County credit activity, as published
MeasurePublished figureWhat sits behind it
SBA healthcare approvals46One published fiscal year, healthcare borrowers only [5]
Approved dollars$38,190,600Approved, not disbursed, and not net of withdrawals [5]
Average approval$830,230A mean, so one large approval moves it [5]
Lending establishments in the county920Credit intermediation offices sited in the county [6]

What the two tables above change about a file

Underwriting starts with 63.6 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Because Salt Lake County already carries $38,190,600 across 46 healthcare approvals, a request near that average moves faster than one well above it. With $119,093 as the median household income, the payer mix in a projection has to match what Riverton households actually spend.

The programs this provider mix points at

Built from what is enumerated here rather than from a national list, so a field with no presence in Riverton does not appear. Availability is still a Utah question.

What a funder reads first in Riverton

What a funder opens first depends on the field. In Riverton that means physical, occupational, and speech therapy, general dentistry, primary care and family medicine.

What each Riverton field turns on
FieldWhat the file turns onThe capital event behind most requests
Physical, occupational, and speech therapy (62)Visits per case, Referral source concentration, Payer mix and authorization rulesStartup or expansion clinic
General dentistry (37)Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backsAcquisition of an established practice
Primary care and family medicine (34)Panel size, Value-based contract exposure, Provider productivityAcquisition

Column one counts Riverton clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Riverton file differently.

How Riverton prices against its neighbors

The neighboring markets below are the ones a valuation borrows from when Riverton has too few sales of its own

Riverton and its nearest Utah comparables
ComparablePeopleEnumerationsPer 10,000 residentsMiles
Riverton (current)46,68029763.6
Bluffdale19,3933116.03
Herriman62,3529715.63
South Jordan86,15650058.03
Draper50,166610121.65
Sandy92,84069174.47
Midvale36,21923264.18

How Riverton sits against the nearest metro

Distance to Salt Lake City-Murray, UT is 18 miles. Appraisers borrow Salt Lake City-Murray, UT rents, and the 46,680 residents set the ceiling on collections. At $119,093 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Because a certified hospital sits inside the town, both the referral path and the pay a clinical hire expects are already observable.

More of Utah

Questions from Riverton

01

How many providers practice in Riverton, and in what?

Across 27 fields, Riverton carries 297 enumerated clinicians, 63.6 per 10,000 of the 46,680 people living here. The concentration is in physical, occupational, and speech therapy, 62 of the total, then general dentistry at 37. Count practices from that only with care.

02

What does Salt Lake County's shortage designation change?

HRSA designates Salt Lake County for primary care, dental, mental health. That opens loan repayment programs for clinicians recruited into Riverton and evidences a staffing ramp in a 46,680 resident market.

03

What does SBA lending look like around Riverton?

$38,190,600 went to healthcare borrowers in Salt Lake County across 46 approvals, $830,230 on average. Deals near Riverton get sized against that record before anything else.

04

Is Riverton underwritten as part of Salt Lake City-Murray, UT?

Salt Lake City-Murray, UT sits 18 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 46,680 residents set the ceiling a projection can defend.

05

What does a $119,093 median income mean for case acceptance?

Median household income in Riverton runs $119,093. 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.

06

Is there local lending capacity in Salt Lake County?

County Business Patterns records 920 credit intermediation establishments in Salt Lake County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Riverton rents and resale before or by somebody working from a screen.

Sources

  1. 1U.S. Census Bureau, Population Estimates, vintage 2024
  2. 2CMS NPPES, monthly full replacement file
  3. 3U.S. Census Bureau, ACS 5-year 2023, table B19013
  4. 4CMS Care Compare provider datasets
  5. 5U.S. Small Business Administration, 7(a) and 504 approvals
  6. 6U.S. Census Bureau, County Business Patterns 2022

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