Speech Language Pathologists – Industry Analysis, Statistics, Trends, and Forecasts

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Industry Analysis, Statistics, Trends, and Forecasts

• Market size and major product and service segments
• Key industry statistics, trends, and financial ratios
• Operating conditions and current performance
• Competitive landscape and environment
• Major company profiles and market shares
• Five-year outlook and growth forecasts

ASHA
Resources available from this organization include:

SLP Health Care Survey
https://www.asha.org/
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
https://www.asha.org/
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
https://www.asha.org/
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
https://www.asha.org/
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
https://www.asha.org/
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.

BizMiner Market Analysis Reports
Speech Pathologists / Speech Therapists
https://www.bizminer.com  Search for "621340" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Speech Pathologists / Speech Therapists
https://www.bizminer.com  Search for "621340" to see available reports

• Income and expenses in dollars and percentages
• Balance sheets in dollars and percentages
• Profitability and return on investment ratios
• Liquidity and working capital ratios
• Asset turnover and efficiency ratios
• Capital structure and debt service ratios

IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

RMA Annual Statement Studies
Physical, Occupational, and Speech Therapists and Audiologists
https://www.rmahq.org/

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 and Salary Surveys

ASHA
SLP Health Care Survey - Annual Salaries / Hourly and Per Visit Wages
https://www.asha.org/
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.

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

Occupational Outlook Handbook
https://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
https://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.

BV Guides and Databases

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