Psychiatric and Substance Abuse Hospitals - 2022 U.S. Market Research Report with Updated COVID-19 Forecasts
The 2022 Psychiatric and Substance Abuse Hospitals Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2013-2026.
This Kentley Insights report includes historical and forecasted market size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, locations, employees, payroll, and much more.
The Psychiatric and Substance Abuse Hospitals industry includes companies known and licensed as psychiatric and substance abuse hospitals primarily engaged in providing diagnostic, medical treatment, and monitoring services for inpatients who suffer from mental illness or substance abuse disorders. The treatment often requires an extended stay in the hospital. These companies maintain inpatient beds and provide patients with food services that meet their nutritional requirements. They have an organized staff of physicians and other medical staff to provide patient care services. Psychiatric, psychological, and social work services are available at the facility. These hospitals usually provide other services, such as outpatient services, clinical laboratory services, diagnostic X-ray services, and electroencephalograph services.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:
INDUSTRY SIZE
In 2021, industry sales were $31.1 billion
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INDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 3.2%
The report has historical, annual and forecasted growth rates
COMPANY GROWTH
There are 456 companies in the industry
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SALES PER COMPANY
In 2021, the average sales per company was $68.1 million
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INFLATION & PRICING
2020 inflation was 7.7%
The report has historicals (2013-2021), 4 years of monthly figures, and 2022 & 5-year forecast
PROFITABILITY
For unprofitable companies, the average net loss is -9.2%
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RIGHTSIZING ANALYSIS
Employee productivity is $115,640
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EXPENSE BENCHMARKING
4.6% of expenses is spent on health insurance
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OPERATING EXPENSES
In 2021, industry operating expenses grew 2%
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PAYROLL
In 2021, payroll per employee was $56,704
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PAYROLL BY STATE
California averages $69,301 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
3.6% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $20.77
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The above stats represent a small fraction of what you will find in this report.
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