Washington micro-market
Healthcare practice financing in Edgewood, Washington
Direct answer
Density decides a lot here. Edgewood runs 12.6 providers per 10,000 residents, 17 clinicians against 13,496 people, 24 percent of them in chiropractic, while Pierce County lenders have approved 28 healthcare files worth $8,450,400 and the nearest metro is 27 miles out.
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: 13,496 residents (10K-25K band)1
- Healthcare providers registered here: 17 across 10 fields2
- Median household income: $114,3423
- Largest provider field: Chiropractic: 4 registered providers2
- Nearest metro: Seattle-Tacoma-Bellevue, WA, 27 miles1
- SBA healthcare approvals in the county: 28 approvals totaling $8,450,4004
What NPPES records at Edgewood addresses
Counted at the town's own addresses: 17 providers, 10 fields, 12.6 clinicians per 10,000 of the 13,496 residents here
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Chiropractic | 4 | 3.0 | NPPES [2] |
| General dentistry | 3 | 2.2 | NPPES [2] |
| DME and HME suppliers | 2 | 1.5 | NPPES [2] |
| Primary care and family medicine | 2 | 1.5 | NPPES [2] |
| Home health | 1 | 0.7 | NPPES [2] |
| SUD treatment and residential | 1 | 0.7 | NPPES [2] |
| NEMT and ambulance | 1 | 0.7 | NPPES [2] |
| Non-medical home care | 1 | 0.7 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.7 | NPPES [2] |
| Physical, occupational, and speech therapy | 1 | 0.7 | NPPES [2] |
| Medical equipment suppliers | 1 | CMS [5] |
Several of the 4 chiropractic enumerations can belong to one practice, so the column counts clinicians rather than businesses or owners
Pierce County approvals, dollars, and lending establishments
Lenders in Pierce County have already closed 28 healthcare approvals, averaging $301,800, which is the size a new file gets read beside
| Measure | Published figure | What sits behind it |
|---|---|---|
| Healthcare files approved | 28 | Counted for the fiscal year the SBA publishes [4] |
| Dollars behind them | $8,450,400 | Everything approved to healthcare borrowers, added up [4] |
| Typical approval size | $301,800 | The dollar column over the approval column [4] |
| Credit offices operating locally | 396 | Places that write credit locally, NAICS 522 [6] |
The consequence of these numbers
Density of 12.6 per 10,000 sets the patient draw a projection can claim without an argument. Because Pierce County already carries $8,450,400 across 28 healthcare approvals, a request near that average moves faster than one well above it. With $114,342 as the median household income, the payer mix in a projection has to match what Edgewood households actually spend.
The programs this provider mix points at
- Practice acquisition
- Startup and de novo
- Equipment financing and leasing
- Expansion, relocation, and build-out
- Working capital term loan
Ranked from the 10 fields that actually practice in Edgewood, weighted toward chiropractic. Availability still depends on Washington and on the funding partner.
Underwriting by field in Edgewood
Drawn from the fields that actually practice here: chiropractic, general dentistry, dme and hme suppliers
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Chiropractic (4) | 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 |
| DME and HME suppliers (2) | Accreditation and surety bond status, Rental versus sale revenue split, Denial rate and documentation quality | Inventory and rental fleet |
NPPES supplies the Edgewood counts. The reading columns describe the field in general, and no partner reviewing a Edgewood file is bound by them.
How Edgewood prices against its neighbors
The neighboring markets below are the ones a valuation borrows from when Edgewood has too few sales of its own
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Edgewood (current) | 13,496 | 17 | 12.6 | |
| Sumner | 10,885 | 86 | 79.0 | 2 |
| Fife | 11,077 | 55 | 49.7 | 3 |
| Puyallup | 42,552 | 1,391 | 326.9 | 4 |
| Bonney Lake | 22,145 | 205 | 92.6 | 6 |
| Des Moines | 33,207 | 185 | 55.7 | 11 |
| Covington | 21,567 | 190 | 88.1 | 12 |
Distance, income, and the wage floor around Edgewood
Seattle-Tacoma-Bellevue, WA lies 27 miles from Edgewood, close enough for rent comparables to travel and far enough that patient draw does not. At $114,342 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.
Nearby Washington towns
- Sumner 10,885 residents
- Fife 11,077 residents
- Puyallup 42,552 residents
- Bonney Lake 22,145 residents
- Des Moines 33,207 residents
- Covington 21,567 residents
What owners in Edgewood ask
01How many providers practice in Edgewood, and in what?
NPPES lists 17 providers at a Edgewood practice address, 12.6 per 10,000 residents across 10 tracked fields. Chiropractic accounts for 4 of them, 24 percent of the total, with general dentistry next at 3. Read that as clinicians: 17 enumerations, not 17 owners.
02What does SBA lending look like around Edgewood?
The county file behind Edgewood holds 28 healthcare approvals totaling $8,450,400, an average of $301,800. Those are the loan sizes lenders in Pierce County have already carried.
03Is Edgewood underwritten as part of Seattle-Tacoma-Bellevue, WA?
Seattle-Tacoma-Bellevue, WA sits 27 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 13,496 residents set the ceiling a projection can defend.
04What does a $114,342 median income mean for case acceptance?
Median household income in Edgewood runs $114,342. 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.
05What does Pierce County's shortage designation change?
Designated for primary care, dental, mental health, Pierce 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.
06Is there local lending capacity in Pierce County?
County Business Patterns records 396 credit intermediation establishments in Pierce County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Edgewood 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
Our team reviews every request within 1 business day. If a funding partner thinks they can help, a specialist from that partner contacts you to discuss next steps.