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 SWOT Analysis Chapter
The Physical Therapy Rehabilitation Centers industry is in the mature phase of its lifecycle. During the 10 years to 2018, the industry's contribution to the economy (measured as industry value added) is projected to grow 3.4% per year on average; in contrast, US GDP is forecast to grow by 2.1% annually during the same period. Although strong growth indicates a growing industry, an aggressive trend of consolidation indicates the industry is mature.
During the past five years to 2013, the industry contended with a dismal economy that caused disposable incomes to contract and the unemployment rate to skyrocket. Consequently, the number of people with private health insurance experienced significant contraction... purchase to read more