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Speech Language Pathologists and Therapists

SIC 8049 | NAICS 621340

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 sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Speech-Language Pathologists  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


ASHA
Information resources available from this organization include:

SLP Health Care Survey
http://www.asha.org/research/
Comprehensive biennial report provides detailed information on practitioner demographics, employment, working conditions, services provided, caseload characteristics, salaries and hourly wages, and practice owner characteristics. Survey summary and individual reports covering specific topics are available online.

Membership Survey: CCC-SLP
http://www.asha.org/research/
Biennial report provides detailed information on member characteristics and practices, with topics covered in the report including demographics, employment status, support personnel, cultural and linguistic diversity, telepractice, and professional development. Survey highlights and summary reports are available online.

Private Practice In SLP
http://www.asha.org/slp/ppresources.htm
Private practice resource section covers various aspects of operating an SLP private practice, with topics covered including knowledge and skills in business practices, billing and reimbursement, service delivery and practice management, and accepting referrals and ethical issues. All information is accessible free online.

Guide to Successful Private Practice In SLP
http://www.asha.org/store/
Practice startup guide takes users through the various aspects of starting a private practice and running it successfully, with topics covered in the guide including feasibility analysis, financing, equipment, managing personnel, billing and reimbursement, professional liability, risk management, marketing, and more.

Practice Management
http://www.asha.org/practice/
Private management section covers various aspects of operating a professional practice, with topics covered including billing and coding for reimbursement, health care reform, promoting professional services, clinical and professional issues, ethical considerations, and state licensure. All information is accessible free online.




Financial Benchmarking Data


Industry Financial Ratios
Speech Pathologists / Speech Therapists
http://www.bizminer.com  Search for "621340"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


RMA Annual Statement Studies
Physical, Occupational, and Speech Therapists and Audiologists
http://www.rmahq.org/  Search for "621340"

Annual financial statement analysis includes common-size income statements, balance sheets, and key financial ratios for firms in this sector. Print edition includes five years of historical data, with the most recent year's data broken down by net sales and total assets size range. Individual NAICS downloads which mirror the print edition format can be purchased online. Sample report can be viewed online.




Compensation Surveys


ASHA
SLP Health Care Survey - Annual Salaries / Hourly and Per Visit Wages
http://asha.org/careers/salary-data/
Biennial salary and wage surveys provide compensation data for speech-language professionals broken out by employment/ownership status, highest degree completed, job function, type of facility, population density, years of experience, and geographic region. Current and prior year surveys are accessible free online.

ADVANCE Healthcare Network for Speech & Hearing
Salary Survey
http://advanceweb.com/    Select "Tools" drop-down menu for most recent edition
Annual salary survey provides compensation data for speech and hearing professionals by job title, gender, education, practice setting (e.g., private, school, preschool, hospital, long-term care, and outpatient), and geographic location and region. Current and prior year surveys can be viewed free online with registration.

U.S. Bureau of Labor Statistics
Information resources available from this organization include:

Occupational Outlook Handbook
http://www.bls.gov/speech-language-pathologists.htm
Information provided for speech-language professionals includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Occupational Employment and Wages
http://www.bls.gov/oes/current/oes291127.htm
Occupational employment and wages survey provides hourly and annual wage data for speech-language professionals on a national, state, and metropolitan area basis, with statistical measures for national wage data including mean, median, and upper/lower quartiles and deciles. All information is available free online.




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