Utah micro-market
Healthcare practice financing in Saratoga Springs, Utah
Direct answer
Density decides a lot here. Saratoga Springs runs 23.3 providers per 10,000 residents, 134 clinicians against 57,411 people, 28 percent of them in physical, occupational, and speech therapy, while Utah County lenders have approved 39 healthcare files worth $25,973,300 and the nearest metro is 16 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 Utah, and how many partners see it, is set out on the Utah page.
- Population: 57,411 residents (50K-100K band)1
- Healthcare providers registered here: 134 across 18 fields2
- Median household income: $123,6193
- Largest provider field: Physical, occupational, and speech therapy: 38 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Provo-Orem-Lehi, UT, 16 miles1
What NPPES records at Saratoga Springs addresses
The NPPES file puts 134 enumerated clinicians inside Saratoga Springs, spread over 18 fields at 23.3 per 10,000 residents
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 38 | 6.6 | NPPES [2] |
| ABA and autism therapy | 21 | 3.7 | NPPES [2] |
| Primary care and family medicine | 15 | 2.6 | NPPES [2] |
| General dentistry | 13 | 2.3 | NPPES [2] |
| Chiropractic | 10 | 1.7 | NPPES [2] |
| Dental specialties | 8 | 1.4 | NPPES [2] |
| Independent pharmacy | 5 | 0.9 | NPPES [2] |
| Optometry and ophthalmology | 5 | 0.9 | NPPES [2] |
| Dermatology | 4 | 0.7 | NPPES [2] |
| DME and HME suppliers | 4 | 0.7 | NPPES [2] |
| Behavioral and mental health group practices | 3 | 0.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 0.3 | NPPES [2] |
| Podiatry | 1 | 0.2 | NPPES [2] |
| Home health | 1 | 0.2 | NPPES [2] |
| ASCs and OBLs | 1 | 0.2 | NPPES [2] |
| NEMT and ambulance | 1 | 0.2 | NPPES [2] |
| Non-medical home care | 1 | 0.2 | NPPES [2] |
| Med spa and aesthetics | 1 | 0.2 | NPPES [2] |
| Medical equipment suppliers | 3 | CMS [4] | |
| Ambulatory surgical centers | 1 | CMS [4] |
Several of the 38 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
What lenders have already approved in Utah County
Lenders in Utah County have already closed 39 healthcare approvals, averaging $665,982, which is the size a new file gets read beside
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 39 | One published fiscal year, healthcare borrowers only [5] |
| Total approved capital | $25,973,300 | Approved, not disbursed, and not net of withdrawals [5] |
| Mean deal size | $665,982 | A mean, so one large approval moves it [5] |
| Lenders sited in the county | 326 | Credit intermediation offices sited in the county [6] |
What the two tables above change about a file
At 23.3 clinicians per 10,000 residents, the catchment radius in a projection has to be defended rather than assumed. A request measured against 39 prior Utah County approvals is priced on precedent, which shortens the questions about valuation. Household income of $123,619 in Saratoga Springs is the number a lender uses to sanity check the self-pay share of a revenue projection.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Expansion, relocation, and build-out
- Equipment financing and leasing
The order comes from Saratoga Springs's own provider mix, which physical, occupational, and speech therapy dominates at 28 percent. What a partner can actually place in Utah is a separate question.
The first pages of a Saratoga Springs file
What a funder opens first depends on the field. In Saratoga Springs that means physical, occupational, and speech therapy, aba and autism therapy, primary care and family medicine.
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (38) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| ABA and autism therapy (21) | Authorized hours against delivered hours, Payer mix stability, Billing compliance history | Working capital against authorization and billing lag |
| Primary care and family medicine (15) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
The first column is Saratoga Springs's own NPPES count. The rest is how the field is generally underwritten, whether the address is Saratoga Springs or anywhere else.
Saratoga Springs against nearby Utah markets
Set Saratoga Springs's 23.3 per 10,000 against the towns an appraiser would reach for next
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Saratoga Springs (current) | 57,411 | 134 | 23.3 | |
| Eagle Mountain | 60,575 | 96 | 15.8 | 5 |
| American Fork | 41,298 | 398 | 96.4 | 7 |
| Bluffdale | 19,393 | 31 | 16.0 | 9 |
| Highland | 21,146 | 68 | 32.2 | 9 |
| Pleasant Grove | 38,127 | 191 | 50.1 | 9 |
| Vineyard | 16,077 | 28 | 17.4 | 9 |
What the geography does to a Saratoga Springs projection
16 miles separate Saratoga Springs from Provo-Orem-Lehi, UT. Lease pricing follows Provo-Orem-Lehi, UT, while revenue stays capped by the 57,411 residents here. At $123,619 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Referral flow comes from outside Saratoga Springs, which a projection needs to state plainly.
More of Utah
- Eagle Mountain 60,575 residents
- American Fork 41,298 residents
- Bluffdale 19,393 residents
- Highland 21,146 residents
- Pleasant Grove 38,127 residents
- Vineyard 16,077 residents
Saratoga Springs owners, answered
01How many providers practice in Saratoga Springs, and in what?
Across 18 fields, Saratoga Springs carries 134 enumerated clinicians, 23.3 per 10,000 of the 57,411 people living here. The concentration is in physical, occupational, and speech therapy, 38 of the total, then aba and autism therapy at 21. Count practices from that only with care.
02What does SBA lending look like around Saratoga Springs?
$25,973,300 went to healthcare borrowers in Utah County across 39 approvals, $665,982 on average. Deals near Saratoga Springs get sized against that record before anything else.
03Is Saratoga Springs underwritten as part of Provo-Orem-Lehi, UT?
Provo-Orem-Lehi, UT sits 16 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Provo-Orem-Lehi, UT; the 57,411 residents set the ceiling a projection can defend.
04What does a $123,619 median income mean for case acceptance?
Median household income in Saratoga Springs runs $123,619. 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 Utah County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Utah County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 57,411 residents gets past the question of who would take the job.
06Is there local lending capacity in Utah County?
County Business Patterns records 326 credit intermediation establishments in Utah County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Saratoga Springs 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
- 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.