Washington micro-market
Healthcare practice financing in Lake Stevens, Washington
Direct answer
A Lake Stevens file is read against 149 local clinicians, 36.0 for every 10,000 of its 41,350 residents, 44 percent of them in physical, occupational, and speech therapy, plus the 15 SBA healthcare approvals worth $12,546,400 already recorded in Snohomish County, 29 miles from 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: 41,350 residents (25K-50K band)1
- Healthcare providers registered here: 149 across 16 fields2
- Median household income: $118,2903
- Largest provider field: Physical, occupational, and speech therapy: 66 registered providers2
- Nearest metro: Seattle-Tacoma-Bellevue, WA, 29 miles1
- SBA healthcare approvals in the county: 15 approvals totaling $12,546,4004
The provider census in Lake Stevens
36.0 providers per 10,000 residents is what 149 enumerations across 16 fields works out to in a town of 41,350
| Practice type | Count | Rate per 10,000 residents | Published by |
|---|---|---|---|
| Physical, occupational, and speech therapy | 66 | 16.0 | NPPES [2] |
| Chiropractic | 20 | 4.8 | NPPES [2] |
| General dentistry | 10 | 2.4 | NPPES [2] |
| Optometry and ophthalmology | 9 | 2.2 | NPPES [2] |
| Dental specialties | 8 | 1.9 | NPPES [2] |
| Behavioral and mental health group practices | 7 | 1.7 | NPPES [2] |
| DME and HME suppliers | 6 | 1.5 | NPPES [2] |
| Independent pharmacy | 5 | 1.2 | NPPES [2] |
| Primary care and family medicine | 4 | 1.0 | NPPES [2] |
| ABA and autism therapy | 4 | 1.0 | NPPES [2] |
| Home health | 2 | 0.5 | NPPES [2] |
| Specialty physician groups | 2 | 0.5 | NPPES [2] |
| Occupational health and drug testing | 2 | 0.5 | NPPES [2] |
| Skilled nursing, assisted living, and memory care | 2 | 0.5 | NPPES [2] |
| NEMT and ambulance | 1 | 0.2 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.2 | NPPES [2] |
| Medical equipment suppliers | 6 | CMS [5] |
Physical, occupational, and speech therapy carries 66 of the 149 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
Snohomish County approvals, dollars, and lending establishments
Lenders in Snohomish County have already closed 15 healthcare approvals, averaging $836,427, which is the size a new file gets read beside
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 15 | Counted for the fiscal year the SBA publishes [4] |
| Total approved capital | $12,546,400 | Everything approved to healthcare borrowers, added up [4] |
| Mean deal size | $836,427 | The dollar column over the approval column [4] |
| Lenders sited in the county | 361 | Places that write credit locally, NAICS 522 [6] |
The consequence of these numbers
Underwriting starts with 36.0 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Because Snohomish County already carries $12,546,400 across 15 healthcare approvals, a request near that average moves faster than one well above it. Household income of $118,290 in Lake Stevens is the number a lender uses to sanity check the self-pay share of a revenue projection.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Working capital term loan
- Equipment financing and leasing
- Medical receivables factoring
Weighted by how often each of the 16 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 Lake Stevens
Drawn from the fields that actually practice here: physical, occupational, and speech therapy, chiropractic, general dentistry
| Field | What the file turns on | The capital event behind most requests |
|---|---|---|
| Physical, occupational, and speech therapy (66) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| Chiropractic (20) | Cash plan revenue, Personal injury receivable age, Visit volume | Startup or acquisition |
| General dentistry (10) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
Column one counts Lake Stevens clinicians from the federal file. Columns two and three describe how the field is usually underwritten, and a partner can read a Lake Stevens file differently.
Lake Stevens against nearby Washington markets
36.0 per 10,000 is the figure a neighboring town gets compared against when an appraiser prices Lake Stevens
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Lake Stevens (current) | 41,350 | 149 | 36.0 | |
| Snohomish | 10,534 | 208 | 197.5 | 5 |
| Marysville | 76,209 | 401 | 52.6 | 6 |
| Mill Creek | 20,993 | 281 | 133.9 | 11 |
| Monroe | 19,927 | 196 | 98.4 | 11 |
| Mukilteo | 21,299 | 179 | 84.0 | 11 |
| Arlington | 21,959 | 273 | 124.3 | 12 |
What the geography does to a Lake Stevens projection
29 miles separate Lake Stevens from Seattle-Tacoma-Bellevue, WA. Rent comparables cross that gap; patients mostly do not. Median household income runs $118,290, which is the number a funder converts into case acceptance on anything elective or cash-pay. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
Nearby Washington towns
- Snohomish 10,534 residents
- Marysville 76,209 residents
- Mill Creek 20,993 residents
- Monroe 19,927 residents
- Mukilteo 21,299 residents
- Arlington 21,959 residents
Questions from Lake Stevens
01How many providers practice in Lake Stevens, and in what?
149 enumerations sit at Lake Stevens addresses in the monthly NPPES file, working out to 36.0 for every 10,000 residents. 44 percent of them are physical, occupational, and speech therapy, and chiropractic follows with 20. An enumeration is a clinician, so the 149 here cover fewer than 149 practices.
02What does Snohomish County's shortage designation change?
The primary care, dental, mental health designation HRSA carries on Snohomish County is a recruiting instrument: it puts repayment incentives in front of candidates, which is how a hiring plan for 41,350 residents gets past the question of who would take the job.
03Is Lake Stevens underwritten as part of Seattle-Tacoma-Bellevue, WA?
Seattle-Tacoma-Bellevue, WA sits 29 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 41,350 residents set the ceiling a projection can defend.
04What does a $118,290 median income mean for case acceptance?
Median household income in Lake Stevens runs $118,290. 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 SBA lending look like around Lake Stevens?
Healthcare borrowers in Snohomish County took 15 approvals worth $12,546,400 in the published fiscal year, averaging $836,427. That is the comparable set an appraiser near Lake Stevens reaches for first.
06Is there local lending capacity in Snohomish County?
County Business Patterns records 361 credit intermediation establishments in Snohomish County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Lake Stevens 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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