NSCHBC Annual Statistics Report

July 23, 2014

The National Society of Certified Healthcare Business Consultants’ (NSCHBC) annual statistics report on key cost and revenue components of medical and dental practices is now available. Every year NSCHBC and the Academy of Dental CPAs collaborate to inform more than 60 dental and medical specialties of important factors affecting their business. The data in this report is pulled directly from actual practice data and tax returns, it is not a survey. Key findings of the report include:

  • Net income for all primary care practices increased in the last five years (2009-2013), but family practice without OB increased the most at 144 percent
  • Cardiology, OB/GYN and plastic surgery net income decreased over the same period by 46 percent, two percent and 12 percent, respectively
    OB/GYN and plastic surgery practice incomes were on a track to greater loss from 2009 to 2011 but have experienced an upswing in the last two years
  • During the same five-year period, general dentistry and orthodontics have stayed relatively even with just a small increase in practice income
    Periodontics, however, saw relatively steady growth until 2012 when there was a drop; overall, however, periodontics is up 22 percent over the last five years
  • General surgery practices have had the most consistent income in the last five years
  • Plastic surgery practice income dropped in 2009 by more than 32 percent but has slowly increased in the last two years to a net 12 percent loss

If you are interested in purchasing the survey, or would like more information please view the press release located on the NSCHBC website:
http://www.nschbc.org/statistics/

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