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Utah micro-market

Healthcare practice financing in Springville, Utah

Direct answer

Utah County carries 39 SBA healthcare approvals worth $25,973,300, and inside Springville the census shows 206 enumerated clinicians against 36,027 residents, 57.2 per 10,000, 39 percent of them in behavioral and mental health group practices. Provo-Orem-Lehi, UT lies 6 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 Utah, and how many partners see it, is set out on the Utah page.

  • Population: 36,027 residents (25K-50K band)1
  • Healthcare providers registered here: 206 across 24 fields2
  • Median household income: $88,5163
  • Largest provider field: Behavioral and mental health group practices: 80 registered providers2
  • Medicare-certified providers in town: 4 across 2 categories4
  • Nearest metro: Provo-Orem-Lehi, UT, 6 miles1

Who is enumerated in Springville

206 providers across 24 fields, 57.2 per 10,000 residents, counted at Springville addresses in the NPPES monthly file

Springville field counts and density
SpecialtyEnumerated cliniciansDensity per 10,000Where it comes from
Behavioral and mental health group practices8022.2NPPES [2]
Primary care and family medicine205.6NPPES [2]
Physical, occupational, and speech therapy195.3NPPES [2]
General dentistry164.4NPPES [2]
Dental specialties123.3NPPES [2]
Chiropractic92.5NPPES [2]
Independent pharmacy61.7NPPES [2]
Ketamine, TMS, and interventional psychiatry61.7NPPES [2]
Optometry and ophthalmology61.7NPPES [2]
SUD treatment and residential51.4NPPES [2]
DME and HME suppliers41.1NPPES [2]
Skilled nursing, assisted living, and memory care41.1NPPES [2]
Home health30.8NPPES [2]
Audiology and hearing centers20.6NPPES [2]
Non-medical home care20.6NPPES [2]
Hospice and palliative20.6NPPES [2]
Med spa and aesthetics20.6NPPES [2]
Specialty physician groups20.6NPPES [2]
Dermatology10.3NPPES [2]
NEMT and ambulance10.3NPPES [2]
ABA and autism therapy10.3NPPES [2]
Clinical and toxicology labs10.3NPPES [2]
Plastic and cosmetic surgery10.3NPPES [2]
Occupational health and drug testing10.3NPPES [2]
Medical equipment suppliers3CMS [4]
Hospice providers3CMS [4]
Home health agencies1CMS [4]

Several of the 80 behavioral and mental health group practices enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners

What lenders have already approved in Utah County

The published file shows 39 healthcare approvals in Utah County, $25,973,300 in total, and that history is what an appraiser and a credit committee reach for

Utah County credit activity, as published
MeasurePublished figureWhat sits behind it
Approvals on record39Fiscal year published in the SBA file [5]
Total approved capital$25,973,300Sum of approvals to healthcare borrowers [5]
Mean deal size$665,982Dollars divided by approvals [5]
Lenders sited in the county326Credit intermediation establishments, NAICS 522 [6]

Reading Springville the way a credit committee does

A file from here opens on 57.2 providers per 10,000 residents, and everything about volume follows from it. 39 approvals worth $25,973,300 in Utah County means the size you are asking for has a local precedent to point at. A $88,516 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.

The programs this provider mix points at

Ranked from the 24 fields that actually practice in Springville, weighted toward behavioral and mental health group practices. Availability still depends on Utah and on the funding partner.

The first pages of a Springville file

behavioral and mental health group practices, primary care and family medicine, physical, occupational, and speech therapy account for most of what is enumerated in Springville, so those are the files funders see from this town

What each Springville field turns on
FieldWhat the file turns onThe capital event behind most requests
Behavioral and mental health group practices (80)Clinician retention and productivity, Payer mix and Medicaid concentration, Re-authorization and session limit exposureWorking capital through the credentialing lag
Primary care and family medicine (20)Panel size, Value-based contract exposure, Provider productivityAcquisition
Physical, occupational, and speech therapy (19)Visits per case, Referral source concentration, Payer mix and authorization rulesStartup or expansion clinic

Counts in the first column are Springville providers from NPPES. The other two columns describe how funders read that field across markets like Springville, not what any funder will do with your file.

Density beside the neighboring Utah towns

Comparables travel. These are the Utah towns whose density, at 57.2 per 10,000 here, gets weighed beside this one.

Residents, providers, and distance across nearby towns
TownResidentsProvidersPer 10,000Miles away
Springville (current)36,02720657.2
Mapleton14,8123120.94
Spanish Fork47,80925954.24
Salem11,2835952.38
Payson24,66614157.211
Vineyard16,0772817.412
Lindon12,0187461.613

What the geography does to a Springville projection

6 miles separate Springville from Provo-Orem-Lehi, UT. Lease pricing follows Provo-Orem-Lehi, UT, while revenue stays capped by the 36,027 residents here. At $88,516 median household income, the elective and cash-pay share of a projection is the line that gets tested first. Referral flow comes from outside Springville, which a projection needs to state plainly.

Other Utah markets

Springville owners, answered

01

How many providers practice in Springville, and in what?

Across 24 fields, Springville carries 206 enumerated clinicians, 57.2 per 10,000 of the 36,027 people living here. The concentration is in behavioral and mental health group practices, 80 of the total, then primary care and family medicine at 20. Count practices from that only with care.

02

What does Utah County's shortage designation change?

Designated for primary care, dental, mental health, Utah County qualifies its clinicians for federal repayment support. On a file that turns on adding staff, that is the difference between a hiring assumption and a hiring plan.

03

What does SBA lending look like around Springville?

The county file behind Springville holds 39 healthcare approvals totaling $25,973,300, an average of $665,982. Those are the loan sizes lenders in Utah County have already carried.

04

Is Springville underwritten as part of Provo-Orem-Lehi, UT?

Comparables and demand split at 6 miles. An appraiser prices the lease and the equipment off Provo-Orem-Lehi, UT; the revenue line has to hold up against 36,027 local residents.

05

Is 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 Springville rents and resale before or by somebody working from a screen.

06

What does the underserved designation in Utah County support?

Utah 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

  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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