Maine micro-market
Healthcare practice financing in Biddeford, Maine
Direct answer
22,370 residents, 315 enumerated clinicians, 140.8 per 10,000, 29 percent of them in physical, occupational, and speech therapy: that is the Biddeford market a funder prices. York County adds 3 healthcare approvals worth $185,000 and 17 miles of distance to Portland-South Portland, ME.
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 Maine, and how many partners see it, is set out on the Maine page.
- Population: 22,370 residents (10K-25K band)1
- Healthcare providers registered here: 315 across 23 fields2
- Median household income: $69,7943
- Largest provider field: Physical, occupational, and speech therapy: 92 registered providers2
- Medicare-certified providers in town: 1 across 1 categories4
- Nearest metro: Portland-South Portland, ME, 17 miles1
The provider census in Biddeford
140.8 providers per 10,000 residents is what 315 enumerations across 23 fields works out to in a town of 22,370
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 92 | 41.1 | NPPES [2] |
| Specialty physician groups | 59 | 26.4 | NPPES [2] |
| Primary care and family medicine | 22 | 9.8 | NPPES [2] |
| General dentistry | 22 | 9.8 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 17 | 7.6 | NPPES [2] |
| Chiropractic | 16 | 7.2 | NPPES [2] |
| Behavioral and mental health group practices | 13 | 5.8 | NPPES [2] |
| Dental specialties | 11 | 4.9 | NPPES [2] |
| Home health | 10 | 4.5 | NPPES [2] |
| Optometry and ophthalmology | 10 | 4.5 | NPPES [2] |
| Non-medical home care | 9 | 4.0 | NPPES [2] |
| Med spa and aesthetics | 8 | 3.6 | NPPES [2] |
| DME and HME suppliers | 6 | 2.7 | NPPES [2] |
| Independent pharmacy | 6 | 2.7 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 4 | 1.8 | NPPES [2] |
| SUD treatment and residential | 2 | 0.9 | NPPES [2] |
| Audiology and hearing centers | 2 | 0.9 | NPPES [2] |
| Podiatry | 1 | 0.4 | NPPES [2] |
| NEMT and ambulance | 1 | 0.4 | NPPES [2] |
| ABA and autism therapy | 1 | 0.4 | NPPES [2] |
| Dialysis and infusion centers | 1 | 0.4 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.4 | NPPES [2] |
| Occupational health and drug testing | 1 | 0.4 | NPPES [2] |
| Medical equipment suppliers | 8 | CMS [4] | |
| Dialysis facilities | 1 | CMS [4] |
Several of the 92 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
The lending record behind Biddeford
With 3 healthcare approvals recorded, York County gives a valuation almost nothing local to lean on
| Measure | Published figure | What sits behind it |
|---|---|---|
| SBA healthcare approvals | 3 | Counted for the fiscal year the SBA publishes [5] |
| Approved dollars | $185,000 | Everything approved to healthcare borrowers, added up [5] |
| Average approval | $61,667 | The dollar column over the approval column [5] |
| Lending establishments in the county | 110 | Places that write credit locally, NAICS 522 [6] |
The consequence of these numbers
Density of 140.8 per 10,000 sets the patient draw a projection can claim without an argument. York County has 3 approvals to compare against, so plan for extra appraisal time and a conservative valuation. A $69,794 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
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
Built from what is enumerated here rather than from a national list, so a field with no presence in Biddeford does not appear. Availability is still a Maine question.
Underwriting by field in Biddeford
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, specialty physician groups, primary care and family medicine
| Practice type | The pages that decide it | Typical capital event |
|---|---|---|
| Physical, occupational, and speech therapy (92) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Specialty physician groups (59) | Ancillary revenue contribution, Provider productivity, Payer contracts | Ancillary build-out |
| Primary care and family medicine (22) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
Column one counts Biddeford clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Biddeford file differently.
Density beside the neighboring Maine towns
The neighboring markets below are the ones a valuation borrows from when Biddeford has too few sales of its own
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Biddeford (current) | 22,370 | 315 | 140.8 | |
| Saco | 21,064 | 242 | 114.9 | 6 |
| South Portland | 26,994 | 522 | 193.4 | 14 |
| Portland | 69,568 | 1,794 | 257.9 | 17 |
| Sanford | 22,497 | 154 | 68.5 | 18 |
| Westbrook | 21,386 | 282 | 131.9 | 19 |
| Auburn | 25,200 | 263 | 104.4 | 45 |
Distance, income, and the wage floor around Biddeford
Distance to Portland-South Portland, ME is 17 miles. Appraisers borrow Portland-South Portland, ME rents, and the 22,370 residents set the ceiling on collections. At $69,794 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from. Higher education here explains why summer looks unlike the rest of the year.
More of Maine
Questions from Biddeford
01How many providers practice in Biddeford, and in what?
Across 23 fields, Biddeford carries 315 enumerated clinicians, 140.8 per 10,000 of the 22,370 people living here. The concentration is in physical, occupational, and speech therapy, 92 of the total, then specialty physician groups at 59. Count practices from that only with care.
02Why does York County show so little SBA activity?
York County shows 3 approvals in the SBA healthcare file, which means an appraiser reaches outside the county for comparables. Few sales, not weak credit, is the usual reason. 110 lending establishments operate locally.
03Is Biddeford underwritten as part of Portland-South Portland, ME?
Comparables and demand split at 17 miles. An appraiser prices the lease and the equipment off Portland-South Portland, ME; the revenue line has to hold up against 22,370 local residents.
04What does York County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on York County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 22,370 residents gets past the question of who would take the job.
05Which fields carry the volume in Biddeford?
Physical, occupational, and speech therapy at 92 providers and specialty physician groups at 59 lead the 23 fields enumerated here. A funder reads that mix as the local competition set and the local hiring pool at once, before it reads a single line of your own numbers.
06How does the college here show up in the numbers?
A campus in town means monthly collections rise and fall with terms. Say so in the projection for Biddeford, because a summer trough that is explained is read as seasonality, and one that is not is read as decline.
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
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