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Chiropractors and Chiropractic Practices

SIC 8041  /  NAICS 621310 

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following page sections or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends, and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Chiropractors
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


National Board of Chiropractic Examiners
Practice Analysis of Chiropractic
http://www.nbce.org/publication/job-analysis.html
Comprehensive practice survey provides an in-depth look at various aspects of the chiropractic profession, and provides a detailed breakdown of the characteristics of chiropractors and their patients, patient conditions, and management of these conditions. Individual chapters from the practice survey can be viewed free online.

Chiropractic Economics
Chiropractic Economics Magazine
http://www.chiroeco.com/
Trade publication provides news and information for the chiropractic professionals, with topics covered including practice management, marketing, patient relations, and more. "Annual Fees & Reimbursement Survey" and "Annual Salary & Expense Survey" are included in respective issues of this publication, with all issues available free online.

Chiropractors
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry growth forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:

Sample industry report is available free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Chiropractors
http://www.bls.gov/chiropractors.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Industry Market Research Reports
Chiropractors
http://www.marketresearch.com  Search for specific terms or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Chiropractors
http://www.bizminer.com  Search for "621310"
Industry statistics for chiropractic practices include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia Group, Euromonitor, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Chiropractors
http://www.bizminer.com  Search for "621310"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for chiropractic practices. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports with detailed financial ratio analysis can be viewed free online.

Chiropractic Economics
Information resources available from this organization include:

Annual Fees & Reimbursement Survey
http://www.chiroeco.com/
Annual practice survey provides average fee, reimbursement, and reimbursement percentage by type of procedure or care on a national and regional basis, and also includes additional information on participant demographics, practice characteristics, and payment options. Survey results are published in Chiropractic Economics Magazine and can be viewed free online.

Annual Salary & Expense Survey
http://www.chiroeco.com/
Annual practice survey provides information on average billings and collections, salaries and total compensation, and selected major expenses on a national and regional basis, and also includes additional information on participant demographics and practice characteristics. Survey results are published in Chiropractic Economics Magazine and can be viewed free online.


More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.





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Compensation and Salary Surveys


Chiropractic Economics
Annual Salary & Expense Survey
http://www.chiroeco.com/
Annual practice survey provides information on average billings and collections, salaries and total compensation, and selected major expenses on a national and regional basis, and also includes additional information on participant demographics and practice characteristics. Survey results are published in Chiropractic Economics Magazine and can be viewed free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Chiropractors
http://www.bls.gov/chiropractors.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.





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Business Valuation Resources


The Health Care Group
Goodwill Registry
http://www.thehealthcaregroup.com/  Select "Products - Annual Surveys"
The Goodwill Registry compiles transaction data on the intangible values of medical, dental, and other health care practices. Each reported transaction includes location, purpose, gross income, overhead percentage, and goodwill value in both dollars and as a percentage of gross income. Individual specialty information is also available for purchase online in "Products - Goodwill Registry Online" section.

Small Business Valuation Formula Multiples
Chiropractic Practices
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for chiropractic practices and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, Mergerstat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.




Related Industries:
Doctors, Physicians, and Medical Practices
Massage Therapists and Massage Therapy Services
Nursing Homes and Assisted Living Facilities
Physical Therapists and Physical Therapy Practices

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