Offices of other health practitioners (NAICS 621399) industry trends
The offices of other health practitioners industry comprises the firms of independent health practitioners with the exceptions of physician and dentist offices. Included in this industry are the offices of chiropractors, optometrists, mental health practitioners, physical, occupational and speech therapists, and audiologists and podiatrists. Chiropractors manipulate and adjust the spinal column and extremities. Optometrists prescribe and provide eyeglasses, contact lenses, low vision aids and vision therapy. Mental health practitioners diagnose and treat mental, emotional and behavioral disorders. Physical, occupational and speech therapists and audiologists provide physical therapy, administer recreational activities to help disabled patients as well as diagnose and treat speech, language or hearing problems. Podiatrists diagnose and treat diseases and deformities of the foot. Also included in this industry are the offices of dietitians, midwives, acupuncturists and registered or licensed nurses.
The Census Bureau’s most recent data indicates that there are approximately 125,063 firms within this industry. The majority of firms within this industry are the offices of chiropractors.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 13.51 percent. During this same time, the average gross profit margin was 86.41 percent.
The graph below shows business statistics for the average company in the offices of other health practitioners industry.