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 - Industry Analysis Chapter
The Physical Rehabilitation Centers industry has fared well in the five years to 2013, despite a faltering economy. Industry revenue growth considerably slowed following the recession, mainly due to consumers scaling back discretionary expenditure coupled with a slowdown in federal funding of Medicare and Medicaid programs. In the five years to 2013, IBISWorld estimates industry revenue grew at an average annual rate of 3.7% to $27.7 billion, including a 1.1% increase in 2013.
Industry profitability, though not immune to the negative effects of the recession, has managed to rebound. Profit margins are estimated to reach 10.6% of industry revenue in 2013, down only slightly from 10.7% in 2008... purchase to read more