Industry Analysis & Industry Trends
The Primary Care Doctors industry is an integral component of United States healthcare. However, the recession forced many consumers to cut back on doctor visits and restricted health insurance access to an increasing number of unemployed individuals. However, the main factor contributing to fewer visits was a decrease in the number of people with private health insurance, especially in 2009. Nevertheless, the industry is projected to benefit from the healthcare reform laws of 2010 and revenue will increase in the five years to 2019. As more individuals gain health insurance due to the reform, demand for primary care services will increase, growing industry revenue in turn... purchase to read more
Industry Report - Industry Investment Chapter
The Primary Care Doctors industry has a low level of capital intensity; as healthcare is a labor-intensive sector, and much of that labor is highly skilled and highly paid. In 2015, IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.04 in capital investment. Over the past five years, capital intensity has remained relatively unchanged; in 2010, for every dollar spent on wages, industry operators also spent about $0.04 in capital investment.
In 2015, labor costs account for an estimated 38.7% of total revenue, whereas depreciation expenses represent about 1.5% of total revenue. There is a high level of personal care in most healthcare industries, since patient-doctor interaction is necessary in order to improve ones health... purchase to read more