Illinois micro-market
Healthcare practice financing in Beach Park, Illinois
Direct answer
Lake County carries 16 SBA healthcare approvals worth $6,809,300, and inside Beach Park the census shows 21 enumerated clinicians against 14,212 residents, 14.8 per 10,000, 24 percent of them in physical, occupational, and speech therapy. Kenosha, WI lies 10 miles away.
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- Population: 14,212 residents (10K-25K band)1
- Healthcare providers registered here: 21 across 10 fields2
- Median household income: $83,0693
- Largest provider field: Physical, occupational, and speech therapy: 5 registered providers2
- Nearest metro: Kenosha, WI, 10 miles1
- SBA healthcare approvals in the county: 16 approvals totaling $6,809,3004
Fields practicing inside Beach Park
Counted at the town's own addresses: 21 providers, 10 fields, 14.8 clinicians per 10,000 of the 14,212 residents here
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 5 | 3.5 | NPPES [2] |
| Chiropractic | 3 | 2.1 | NPPES [2] |
| General dentistry | 3 | 2.1 | NPPES [2] |
| DME and HME suppliers | 2 | 1.4 | NPPES [2] |
| Non-medical home care | 2 | 1.4 | NPPES [2] |
| Behavioral and mental health group practices | 2 | 1.4 | NPPES [2] |
| Primary care and family medicine | 1 | 0.7 | NPPES [2] |
| NEMT and ambulance | 1 | 0.7 | NPPES [2] |
| ABA and autism therapy | 1 | 0.7 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.7 | NPPES [2] |
| Medical equipment suppliers | 1 | CMS [5] |
A single Beach Park practice can hold more than one of these numbers. 24 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
Lake County approvals, dollars, and lending establishments
16 healthcare approvals averaging $425,581 set the deal shape lenders in Lake County have already underwritten
| Line | Amount | Reading and source |
|---|---|---|
| Approvals on record | 16 | Counted for the fiscal year the SBA publishes [4] |
| Total approved capital | $6,809,300 | Everything approved to healthcare borrowers, added up [4] |
| Mean deal size | $425,581 | The dollar column over the approval column [4] |
| Lenders sited in the county | 318 | Places that write credit locally, NAICS 522 [6] |
How this data lands in an underwriting decision
A file from here opens on 14.8 providers per 10,000 residents, and everything about volume follows from it. 16 approvals worth $6,809,300 in Lake County means the size you are asking for has a local precedent to point at. Household income of $83,069 in Beach Park is the number a lender uses to sanity check the self-pay share of a revenue projection.
Programs the Beach Park mix reaches for
- Practice acquisition
- Startup and de novo
- Equipment financing and leasing
- Working capital term loan
- Medical receivables factoring
Weighted by how often each of the 10 local fields reaches for a program, not by what is easiest to refer. Illinois rules and the partner decide availability.
What a funder reads first in Beach Park
physical, occupational, and speech therapy, chiropractic, general dentistry account for most of what is enumerated in Beach Park, so those are the files funders see from this town
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (5) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (3) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| General dentistry (3) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Counts in the first column are Beach Park providers from NPPES. The other two columns describe how funders read that field across markets like Beach Park, not what any funder will do with your file.
How Beach Park prices against its neighbors
Set Beach Park's 14.8 per 10,000 against the towns an appraiser would reach for next
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Beach Park (current) | 14,212 | 21 | 14.8 | |
| Zion | 24,583 | 91 | 37.0 | 2 |
| Waukegan | 88,570 | 472 | 53.3 | 5 |
| Gurnee | 30,546 | 493 | 161.4 | 6 |
| Lindenhurst | 14,564 | 91 | 62.5 | 8 |
| North Chicago | 30,639 | 238 | 77.7 | 9 |
| Antioch | 15,108 | 104 | 68.8 | 10 |
What the geography does to a Beach Park projection
10 miles separate Beach Park from Kenosha, WI. Lease pricing follows Kenosha, WI, while revenue stays capped by the 14,212 residents here. Households here carry $83,069 in median income, and that ceiling decides how much of a treatment plan gets started rather than deferred. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
More of Illinois
- Zion 24,583 residents
- Waukegan 88,570 residents
- Gurnee 30,546 residents
- Lindenhurst 14,564 residents
- North Chicago 30,639 residents
- Antioch 15,108 residents
What owners in Beach Park ask
01How many providers practice in Beach Park, and in what?
21 enumerations sit at Beach Park addresses in the monthly NPPES file, working out to 14.8 for every 10,000 residents. 24 percent of them are physical, occupational, and speech therapy, and chiropractic follows with 3. An enumeration is a clinician, so the 21 here cover fewer than 21 practices.
02What does Lake County's shortage designation change?
Lake County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Beach Park can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Is Beach Park underwritten as part of Kenosha, WI?
Partly. Kenosha, WI is 10 miles out, so rent and equipment comparables travel in from there while patients still come from the 14,212 residents around Beach Park. Cost side metro, revenue side local.
04What does SBA lending look like around Beach Park?
$6,809,300 went to healthcare borrowers in Lake County across 16 approvals, $425,581 on average. Deals near Beach Park get sized against that record before anything else.
05Is there local lending capacity in Lake County?
County Business Patterns records 318 credit intermediation establishments in Lake County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Beach Park rents and resale before or by somebody working from a screen.
06What does the underserved designation in Lake County support?
Lake 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
- 1U.S. Census Bureau, Population Estimates, vintage 2024
- 2CMS NPPES, monthly full replacement file
- 3U.S. Census Bureau, ACS 5-year 2023, table B19013
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5CMS Care Compare provider datasets
- 6U.S. Census Bureau, County Business Patterns 2022
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