Illinois micro-market
Healthcare practice financing in Wauconda, Illinois
Direct answer
70 healthcare providers hold a Wauconda practice address, 49.8 per 10,000 of its 14,055 residents, 36 percent of them in physical, occupational, and speech therapy. Lake County recorded 16 SBA healthcare approvals worth $6,809,300, and Kenosha, WI sits 25 miles out.
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- Population: 14,055 residents (10K-25K band)1
- Healthcare providers registered here: 70 across 14 fields2
- Median household income: $112,4383
- Largest provider field: Physical, occupational, and speech therapy: 25 registered providers2
- Nearest metro: Kenosha, WI, 25 miles1
- SBA healthcare approvals in the county: 16 approvals totaling $6,809,3004
What NPPES records at Wauconda addresses
70 providers across 14 fields, 49.8 per 10,000 residents, counted at Wauconda addresses in the NPPES monthly file
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 25 | 17.8 | NPPES [2] |
| DME and HME suppliers | 8 | 5.7 | NPPES [2] |
| General dentistry | 8 | 5.7 | NPPES [2] |
| Primary care and family medicine | 7 | 5.0 | NPPES [2] |
| Chiropractic | 5 | 3.6 | NPPES [2] |
| Podiatry | 3 | 2.1 | NPPES [2] |
| NEMT and ambulance | 2 | 1.4 | NPPES [2] |
| Independent pharmacy | 2 | 1.4 | NPPES [2] |
| ABA and autism therapy | 2 | 1.4 | NPPES [2] |
| Specialty physician groups | 2 | 1.4 | NPPES [2] |
| Optometry and ophthalmology | 2 | 1.4 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 1.4 | NPPES [2] |
| SUD treatment and residential | 1 | 0.7 | NPPES [2] |
| Clinical research sites | 1 | 0.7 | NPPES [2] |
| Medical equipment suppliers | 3 | CMS [5] |
A single Wauconda practice can hold more than one of these numbers. 36 percent sit in physical, occupational, and speech therapy, counted as clinicians rather than as owners.
What Lake County credit files already show
Lenders in Lake County have already closed 16 healthcare approvals, averaging $425,581, which is the size a new file gets read beside
| 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] |
The consequence of these numbers
Density of 49.8 per 10,000 sets the patient draw a projection can claim without an argument. Because Lake County already carries $6,809,300 across 16 healthcare approvals, a request near that average moves faster than one well above it. Household income of $112,438 in Wauconda is the number a lender uses to sanity check the self-pay share of a revenue projection.
Programs the Wauconda mix reaches for
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Expansion, relocation, and build-out
The 14 fields practicing locally set this order. A funding partner, not this list, decides what is available in Illinois.
The first pages of a Wauconda file
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, dme and hme suppliers, general dentistry
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (25) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| DME and HME suppliers (8) | Accreditation and surety bond status, Rental versus sale revenue split, Denial rate and documentation quality | Inventory and rental fleet |
| General dentistry (8) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Local counts come from NPPES. What a file turns on is drawn from how the field is generally reviewed, not from any decision about your practice.
Wauconda against nearby Illinois markets
49.8 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Wauconda
| Town | Residents | Providers | Per 10,000 | Miles away |
|---|---|---|---|---|
| Wauconda (current) | 14,055 | 70 | 49.8 | |
| Round Lake | 18,654 | 44 | 23.6 | 5 |
| Mundelein | 32,641 | 192 | 58.8 | 6 |
| Lake Zurich | 19,960 | 230 | 115.2 | 6 |
| Grayslake | 21,262 | 305 | 143.4 | 7 |
| Cary | 18,031 | 104 | 57.7 | 7 |
| Round Lake Beach | 27,091 | 62 | 22.9 | 8 |
How Wauconda sits against the nearest metro
25 miles separate Wauconda from Kenosha, WI. Rent comparables cross that gap; patients mostly do not. Median household income runs $112,438, which is the number a funder converts into case acceptance on anything elective or cash-pay. Referral flow comes from outside Wauconda, which a projection needs to state plainly.
Nearby Illinois towns
- Round Lake 18,654 residents
- Mundelein 32,641 residents
- Lake Zurich 19,960 residents
- Grayslake 21,262 residents
- Cary 18,031 residents
- Round Lake Beach 27,091 residents
What owners in Wauconda ask
01How many providers practice in Wauconda, and in what?
NPPES lists 70 providers at a Wauconda practice address, 49.8 per 10,000 residents across 14 tracked fields. Physical, occupational, and speech therapy accounts for 25 of them, 36 percent of the total, with dme and hme suppliers next at 8. Read that as clinicians: 70 enumerations, not 70 owners.
02What does Lake County's shortage designation change?
Designated for primary care, dental, mental health, Lake 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.
03Is Wauconda underwritten as part of Kenosha, WI?
Partly. Kenosha, WI is 25 miles out, so rent and equipment comparables travel in from there while patients still come from the 14,055 residents around Wauconda. Cost side metro, revenue side local.
04Which fields carry the volume in Wauconda?
Volume concentrates in physical, occupational, and speech therapy, 25 of them, ahead of dme and hme suppliers at 8, across 14 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
05What does a $112,438 median income mean for case acceptance?
Median household income in Wauconda runs $112,438. 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.
06What does SBA lending look like around Wauconda?
The county file behind Wauconda holds 16 healthcare approvals totaling $6,809,300, an average of $425,581. Those are the loan sizes lenders in Lake County have already carried.
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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