Washington micro-market
Healthcare practice financing in Bainbridge Island, Washington
Direct answer
24,618 residents, 235 enumerated clinicians, 95.5 per 10,000, 44 percent of them in physical, occupational, and speech therapy: that is the Bainbridge Island market a funder prices. Kitsap County adds 2 healthcare approvals worth $420,000 and 7 miles of distance to Seattle-Tacoma-Bellevue, WA.
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 Washington, and how many partners see it, is set out on the Washington page.
- Population: 24,618 residents (10K-25K band)1
- Healthcare providers registered here: 235 across 20 fields2
- Median household income: $159,8823
- Largest provider field: Physical, occupational, and speech therapy: 103 registered providers2
- Nearest metro: Seattle-Tacoma-Bellevue, WA, 7 miles1
- SBA healthcare approvals in the county: 2 approvals totaling $420,0004
The clinical base a lender can verify here
The NPPES file puts 235 enumerated clinicians inside Bainbridge Island, spread over 20 fields at 95.5 per 10,000 residents
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 103 | 41.8 | NPPES [2] |
| Primary care and family medicine | 30 | 12.2 | NPPES [2] |
| Chiropractic | 20 | 8.1 | NPPES [2] |
| General dentistry | 15 | 6.1 | NPPES [2] |
| Behavioral and mental health group practices | 9 | 3.7 | NPPES [2] |
| ABA and autism therapy | 8 | 3.2 | NPPES [2] |
| Specialty physician groups | 8 | 3.2 | NPPES [2] |
| Optometry and ophthalmology | 8 | 3.2 | NPPES [2] |
| Dental specialties | 6 | 2.4 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 6 | 2.4 | NPPES [2] |
| DME and HME suppliers | 4 | 1.6 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 4 | 1.6 | NPPES [2] |
| Dermatology | 3 | 1.2 | NPPES [2] |
| NEMT and ambulance | 3 | 1.2 | NPPES [2] |
| Independent pharmacy | 2 | 0.8 | NPPES [2] |
| Audiology and hearing centers | 2 | 0.8 | NPPES [2] |
| Urgent care | 1 | 0.4 | NPPES [2] |
| Clinical and toxicology labs | 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 | 4 | CMS [5] |
Several of the 103 physical, occupational, and speech therapy enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Kitsap County approvals, dollars, and lending establishments
2 healthcare approvals sit in the county file, so an appraiser here works from a short comparable set
| Measure | Published figure | What sits behind it |
|---|---|---|
| Approvals on record | 2 | Fiscal year published in the SBA file [4] |
| Total approved capital | $420,000 | Sum of approvals to healthcare borrowers [4] |
| Mean deal size | $210,000 | Dollars divided by approvals [4] |
| Lenders sited in the county | 118 | Credit intermediation establishments, NAICS 522 [6] |
The consequence of these numbers
95.5 per 10,000 is the first number a credit analyst converts into a realistic new-patient count. Kitsap County has 2 approvals to compare against, so plan for extra appraisal time and a conservative valuation. Household income of $159,882 in Bainbridge Island 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
Weighted by how often each of the 20 local fields reaches for a program, not by what is easiest to refer. Washington rules and the partner decide availability.
What a funder reads first in Bainbridge Island
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, primary care and family medicine, chiropractic
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (103) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Primary care and family medicine (30) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
| Chiropractic (20) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
Counts in the first column are Bainbridge Island providers from NPPES. The other two columns describe how funders read that field across markets like Bainbridge Island, not what any funder will do with your file.
Bainbridge Island against nearby Washington markets
Comparables travel. These are the Washington towns whose density, at 95.5 per 10,000 here, gets weighed beside this one.
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Bainbridge Island (current) | 24,618 | 235 | 95.5 | |
| Port Orchard | 19,122 | 334 | 174.7 | 9 |
| Poulsbo | 12,562 | 311 | 247.6 | 9 |
| Shoreline | 66,251 | 511 | 77.1 | 11 |
| Bremerton | 45,291 | 1,053 | 232.5 | 12 |
| Lake Forest Park | 13,276 | 30 | 22.6 | 13 |
| Burien | 52,046 | 462 | 88.8 | 14 |
What the geography does to a Bainbridge Island projection
7 miles separate Bainbridge Island from Seattle-Tacoma-Bellevue, WA. Lease pricing follows Seattle-Tacoma-Bellevue, WA, while revenue stays capped by the 24,618 residents here. At $159,882 median household income, the elective and cash-pay share of a projection is the line that gets tested first. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
Other Washington markets
- Port Orchard 19,122 residents
- Poulsbo 12,562 residents
- Shoreline 66,251 residents
- Bremerton 45,291 residents
- Lake Forest Park 13,276 residents
- Burien 52,046 residents
What owners in Bainbridge Island ask
01How many providers practice in Bainbridge Island, and in what?
NPPES lists 235 providers at a Bainbridge Island practice address, 95.5 per 10,000 residents across 20 tracked fields. Physical, occupational, and speech therapy accounts for 103 of them, 44 percent of the total, with primary care and family medicine next at 30. Read that as clinicians: 235 enumerations, not 235 owners.
02What does Kitsap County's shortage designation change?
Kitsap County holds a HRSA designation covering primary care, dental, mental health. A pro forma for Bainbridge Island can cite it as the reason a vacancy is fillable, which is usually the weakest line in a ramp schedule.
03Why does Kitsap County show so little SBA activity?
Only 2 healthcare approvals appear for Kitsap County in the published 7(a) and 504 file. Thin volume in Kitsap County is a transaction count, not a verdict on borrowers here. The county still holds 118 credit intermediation establishments.
04Is Bainbridge Island underwritten as part of Seattle-Tacoma-Bellevue, WA?
Seattle-Tacoma-Bellevue, WA sits 7 miles away, close enough that appraisers reach into that market for rent and resale comparables while your patient draw stays local. The comparables read Seattle-Tacoma-Bellevue, WA; the 24,618 residents set the ceiling a projection can defend.
05What does a $159,882 median income mean for case acceptance?
Median household income in Bainbridge Island runs $159,882. 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.
06Is there local lending capacity in Kitsap County?
County Business Patterns records 118 credit intermediation establishments in Kitsap County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Bainbridge Island 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
- 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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