Industry Analysis & Industry Trends
The Physical Therapy Rehabilitation Centers industry left the recession fairly unscathed thanks to industry reliance on Medicare reimbursements. The industry experienced a rapid rate of consolidation as large operators bought out smaller centers and other operators left the industry due to an inability to make up lost revenue. Continued expansion of the aging population, healthcare reform and economic recovery are expected to support industry revenue growth in the next five years.... purchase to read more
Industry Report - Starting a New Business Chapter
Low capital intensity and low market concentration allows new entrants to enter the industry with relative ease. Capital intensity can vary depending on the type of operation, as hospitals tend to require larger amounts of capital, but generally small physical therapy rehabilitation centers require low levels of capital investment. Instead, small operators must hire skilled staff with proper qualifications to compete. In the absence of a dominating major player, entrants can enter the market without being quickly pushed out of the industry based on price or other factors.
There are, however, significant factors that present formidable barriers. While there is a high level of federal assistance, there is also a high level of government regulation... purchase to read more