Benchmarking in Healthcare

Financial Benchmarking Your Health & Wellness Practice in Alberta

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Wages & Salaries

Business

Financial Performance

Personal

Healthcare Average Wages and Salaries in Alberta

Average healthcare wages and salaries data is provided by Alberta Learning Information Services (ALIS). This information was last updated in August 2019.

Profession Hourly Annual
Average Pharmacist Salary $50.91 $98,037
Average Veterinarian Salary $52.10 $100,080
Average Doctor Salary $41.99 $94,842
Average Dentist Salary $85.25 $154,564
Average Chiropractor Salary N/A N/A
Average Optometrist Salary $46.11 N/A
Average Psychologist Salary $49.13 $98,728
Average Physiotherapist Salary $45.26 $87,885
Average Dietitian Salary $43.41 $85,056
Average Nurse Salary $42.88 $80,129
Average Massage Therapist Salary $36.41 $54,084

Personal

Healthcare Average Wages and Salaries in Edmonton

Average healthcare wages and salaries data for Edmonton is provided by PayScale. This information was last updated in August 2019.

Profession Hourly Annual
Low Average High Low Average High
Average Pharmacist Salary $39.35 $45.34 $52.17 $64,000 $95,000 $121,000
Average Veterinarian Salary $38.76 $44.22 $52.50 $60,000 $85,000 $136,000
Average Doctor Salary $27.50 $71.22 $94.50 $57,000 $171,000 $363,000
Average Dentist Salary $37.50 $80.00 $200.00 $51,000 $104,000 $168,000
Average Chiropractor Salary N/A N/A N/A $40,000 $82,000 $201,000
Average Optometrist Salary $34.78 $50.00 $71.93 $75,000 $97,000 $102,000
Average Psychologist Salary $46.50 $55.00 $100.84 $55,000 $82,000 $147,000
Average Physiotherapist Salary $28.72 $37.26 $56.67 $65,000 $80,000 $95,000
Average Dietitian Salary N/A $39.77 N/A $73,000 $83,000 $96,000
Average Nurse Salary $29.81 $37.87 $47.29 $45,000 $77,000 $112,000
Average Massage Therapist Salary $15.58 $30.09 $51.87 $28,000 $54,000 $63,000

Personal

Healthcare Average Wages and Salaries in Calgary

Average healthcare wages and salaries data for Calgary is provided by PayScale. This information was last updated in August 2019.

Profession Hourly Annual
Low Average High Low Average High
Average Pharmacist Salary $39.10 $46.67 $51.32 $51,000 $97,000 $123,000
Average Veterinarian Salary $40.00 $44.96 $51.25 $70,000 $83,000 $100,000
Average Doctor Salary $68.78 $120.00 $152.60 $101,000 $120,000 $297,000
Average Dentist Salary $22.00 $53.51 N/A $61,000 $144,000 $245,000
Average Chiropractor Salary N/A $43.00 N/A $36,000 $59,000 $201,000
Average Optometrist Salary $26.29 $50.00 $83.85 $51,000 $97,000 $161,000
Average Psychologist Salary $35.48 $70.00 N/A $51,000 $77,000 $123,000
Average Physiotherapist Salary $29.09 $37.06 $43.11 $41,000 $69,000 $95,000
Average Dietitian Salary $30.00 $38.10 $41.48 N/A $74,987 N/A
Average Nurse Salary $29.85 $37.68 $48.11 $44,000 $77,000 $101,000
Average Massage Therapist Salary $24.47 $33.43 $63.62 $43,000 $60,000 $75,000

Business

Healthcare and Medical Financial Benchmarks in Alberta

Financial Performance Data for Alberta is provided by Statistics Canada using Revenue Canada tax returns for both incorporated and unincorporated businesses operating in Canada. Data updated 2017.

Click on the NAICS Code or Industry Category for more information. Enter your email address to download the table.

NAICS Code Industry Category Total Businesses Bottom Quartile Average Top Quartile
Revenue Cost of Sales Operating Expenses Total Expenses Net Profit Revenue Cost of Sales Operating Expenses Total Expenses Net Profit Revenue Cost of Sales Operating Expenses Total Expenses Net Profit
44611 Pharmacies and Drug Stores 709 78,000 6,800 43,500 50,300 27,700 1,225,400 725,400 377,300 1,102,700 122,700 3,104,800 1,948,800 917,000 2,865,700 239,000
44612 Cosmetics, Beauty Supplies and Perfume Stores 227 36,300 9,600 18,000 27,600 8,700 250,700 91,300 135,900 227,200 23,500 774,600 307,400 434,000 741,400 33,200
44613 Optical Goods Stores 177 115,600 41,200 67,600 108,800 6,800 723,300 282,700 361,900 644,600 78,700 1,679,500 686,400 784,700 1,471,100 208,400
44619 Other Health and Personal Care Stores 718 43,000 8,800 21,700 30,600 12,400 364,700 163,700 159,600 323,300 41,400 1,046,800 502,300 432,500 934,800 112,000
54194 Veterinary Services 707 59,500 3,300 31,900 35,200 24,300 718,100 206,600 390,000 596,600 121,400 1,974,900 669,100 1,042,600 1,711,700 263,200
62111 Offices of Physicians 9,124 122,400 900 54,500 55,400 67,000 503,800 17,300 228,600 246,000 257,900 1,092,900 61,900 517,900 579,700 513,200
62121 Offices of Dentists 2,800 92,900 1,400 45,800 47,200 45,700 797,600 92,400 473,800 566,200 231,400 2,038,200 294,300 1,200,300 1,494,600 543,600
62131 Offices of Chiropractors 824 65,500 1,000 31,500 32,500 33,000 326,200 29,300 181,400 210,700 115,500 780,900 103,100 407,700 510,800 270,000
62132 Offices of Optometrists 671 77,300 2,500 27,900 30,400 47,000 505,400 126,500 241,800 368,300 137,200 1,386,000 432,300 660,600 1,092,900 293,200
62133 Offices of Mental Health Practitioners 920 41,800 200 17,600 17,800 24,100 162,700 2,200 80,800 83,000 79,700 411,100 6,700 225,600 232,300 178,900
62134 Offices of Physical, Occupational, and Speech Therapists 1,152 40,000 700 12,900 13,700 26,300 236,600 17,000 132,700 149,700 86,900 714,100 62,600 438,600 501,200 212,900
62139 Offices of All Other Health Practitioners 2,767 38,400 1,100 14,800 15,900 22,500 202,600 22,200 102,400 124,500 78,100 595,200 77,600 317,200 394,700 200,500
62141 Family Planning Centres 17 55,100 300 42,200 42,500 12,500 501,600 200,100 247,700 447,800 53,800 1,578,100 796,100 738,500 1,534,600 43,600
62142 Out-Patient Mental Health and Substance Abuse Centres 34 39,900 1,100 14,500 15,600 24,300 305,200 3,500 248,600 252,100 53,100 942,800 5,200 857,900 863,000 79,800
62149 Other Out-Patient Care Centres 411 40,400 800 19,700 20,500 20,000 308,200 39,200 174,400 213,600 94,600 942,600 134,100 535,800 669,800 272,800
62151 Medical and Diagnostic Laboratories 267 69,600 4,500 46,000 50,500 19,200 573,800 100,100 352,500 452,600 121,200 1,517,900 350,200 970,800 1,321,100 196,800
62161 Home Health Care Services 262 36,100 2,000 14,300 16,300 19,800 238,500 48,200 129,700 177,900 60,600 767,700 183,600 434,300 618,000 149,600
62331 Community Care Facilities for the Elderly 65 61,800 200 31,100 31,400 30,400 1,373,800 291,000 1,172,100 1,463,100 (89,300) 3,423,200 705,500 3,210,400 3,915,900 (492,700)
62399 Other Residential Care Facilities 87 37,000 3,100 15,600 18,700 18,300 463,100 46,700 370,900 417,600 45,500 1,431,000 144,600 1,184,600 1,329,200 101,800
62411 Child and Youth Services 155 33,800 2,800 12,400 15,200 18,600 183,900 23,800 128,600 152,500 31,500 565,600 86,600 432,500 519,100 46,500
62412 Services for the Elderly and Persons with Disabilities 132 33,800 1,400 10,600 11,900 21,800 525,000 38,700 423,000 461,600 63,400 1,752,700 116,800 1,469,600 1,586,400 166,300
62419 Other Individual and Family Services 326 36,500 1,500 13,200 14,700 21,800 222,000 16,700 134,500 151,200 70,800 692,500 60,900 447,000 507,900 184,600
62441 Child Day-Care Services 3,771 33,800 2,600 11,800 14,300 19,400 152,500 16,900 104,100 121,000 31,500 478,200 57,100 369,100 426,200 52,000
71394 Fitness and Recreational Sports Centres 687 45,600 3,200 33,900 37,100 8,500 318,600 44,700 252,000 296,800 21,900 902,900 145,000 688,400 833,400 69,500
81219 Other Personal Care Services 1,461 37,500 2,900 16,800 19,700 17,800 188,100 42,200 111,600 153,800 34,300 544,700 146,200 329,300 475,400 69,300

Want to download the Healthcare Financial Benchmarks table?

Benchmarking in Healthcare Methodology

Canadian Industry Statistics (CIS) analyzes industry data on many economic indicators using the most recent data from Statistics Canada. This allows you to conduct benchmarking in healthcare and market research for your business.

The financial performance datasets on this page provide access to 25 industries related to healthcare, medical, health and wellness businesses in Alberta. The table and charts feature the number of businesses, detailed financial data on revenues and expenses, and industry averages.

This data can help you complete the financial component of your business plan by providing an accurate sense of the cost structure of similar businesses in your industry. Conducting research provides valuable insights for your business plan.

By examining the differences in expense categories for businesses within different revenue levels you can get more accurate insights of expected costs for businesses that match your anticipated revenue level. You can also project how the cost structure for your business may change as your business grows and revenue levels increase.

This data can help you identify areas in which your business deviates from the relevant industry average, identifying opportunities to make changes to your cost structure that may help you to grow your business.

Benchmarking Your Healthcare Business

NAICS 44611: Pharmacies and Drug Stores

This industry comprises establishments, known as pharmacies and drug stores, primarily engaged in retailing prescription or non-prescription drugs and medicines. These establishments also typically retail snacks, cosmetics, personal hygiene products, greeting cards and stationery, and health aids, and may also retail confectionery, tobacco products, novelties and giftware, and cameras and photographic supplies.

Examples:

  • Dispensary
  • Drug store
  • Patent medicines
  • Pharmaceuticals
  • Pharmacies
  • Proprietary medicines
NAICS 44612: Cosmetics, Beauty Supplies and Perfume Stores

This industry comprises establishments primarily engaged in retailing cosmetics, perfumes, toiletries and personal grooming products.

Examples:

  • Beauty supplies retail
  • Perfume and cosmetics
NAICS 44613: Optical Goods Stores

This industry comprises establishments primarily engaged in retailing and fitting prescription eyeglasses and contact lenses. These establishments may or may not grind lenses to order on the premises.

Examples:

  • Contact lenses
  • Eyeglasses, spectacles and frames
  • Optical goods stores
  • Opticians
  • Prescription eyeglasses and contact lenses
  • Spectacle and eyeglass accessories
NAICS 44619: Other Health and Personal Care Stores

This industry comprises establishments, not classified to any other industry, primarily engaged in: retailing health and personal care items, such as vitamin supplements, hearing aids, and medical equipment and supplies are included.

NAICS 54194: Veterinary Services

This industry comprises establishments of licensed veterinary practitioners primarily engaged in the practice of veterinary medicine, dentistry, or surgery for animals. This industry also includes veterinary laboratories.

Examples:

  • Animal hospitals
  • Herd inspecting and testing services
  • Veterinary practices
  • Veterinary testing laboratories
NAICS 62111: Offices of Physicians

This industry comprises establishments of licensed physicians primarily engaged in the private or group practice of general or specialized medicine or surgery. Offices of physicians, especially walk-in centres that accept patients without appointment and that often have extended office hours, are sometimes called clinics or medical centres.

Examples:

  • Anesthesiologists offices
  • Doctors’ clinics, general practice
  • Group practice, physicians
  • Medical offices, specialists, physicians and surgeons
  • Obstetricians offices
  • Osteopaths offices
  • Paediatricians offices
  • Plastic surgeons offices
  • Surgeons offices
NAICS 62121: Offices of Dentists

This industry comprises establishments of licensed dentists primarily engaged in the private or group practice of general or specialized dentistry or dental surgery. Offices of dentists, especially walk-in centres that accept patients without appointment and that often have extended office hours, are sometimes called clinics or dental centres.

Examples:

  • Dental surgeons offices
  • Dentists offices and clinics
  • Group practices, general dentist
  • Orthodontists offices
  • Periodontists offices
  • Prosthodontists offices
NAICS 62131: Offices of Chiropractors

This industry comprises establishments primarily engaged in the private or group practice of chiropractic medicine. These practitioners provide diagnostic and therapeutic treatment of neuro-musculoskeletal and related disorders through the manipulation and adjustment of the spinal column and extremities.

NAICS 62132: Offices of Optometrists

This industry comprises establishments primarily engaged in the private or group practice of optometry. These practitioners provide eye examinations to determine visual acuity or the presence of vision problems and to prescribe eyeglasses, contact lenses and eye exercises. They may also perform those services provided by an optician such as selling and fitting prescription eyeglasses and contact lenses.

NAICS 62133: Offices of Mental Health Practitioners

This industry comprises establishments primarily engaged in providing mental health services. Clinical psychologists, psychiatric social workers and other mental health practitioners, who do not hold a doctorate degree in medicine, are included.

Examples:

  • Psychiatric social workers offices
  • Psychologists offices
  • Psychotherapists (except M.D.) offices
NAICS 62134: Offices of Physical, Occupational, and Speech Therapists

This industry comprises establishments primarily engaged in administering medically-prescribed physical therapy treatment; planning and administering educational, recreational and social activities designed to help patients with disabilities regain physical or mental functioning or to adapt to their disabilities; and diagnosing and treating speech, language or hearing problems.

Examples:

  • Audiologists offices
  • Occupational therapists offices
  • Physiotherapists offices, private practice
  • Speech pathologists offices
  • Speech therapy clinics
NAICS 62139: Offices of All Other Health Practitioners

This industry comprises establishments of health practitioners, not classified to any other industry, primarily engaged in providing health services.

Examples:

  • Acupuncturists offices
  • Dental hygienists offices
  • Denturists offices
  • Dietitians offices
  • Naturopaths offices
  • Nutritionists offices
  • Podiatrists offices and clinics
  • Registered nurses offices
NAICS 62141: Family Planning Centres

This industry comprises establishments, with medical staff, primarily engaged in providing a range of family planning services, such as contraceptive services, genetic and prenatal counselling, voluntary sterilization, and therapeutic and medically-indicated termination of pregnancy, on an out-patient basis.

NAICS 62142: Out-Patient Mental Health and Substance Abuse Centres

This industry comprises establishments, with medical staff, primarily engaged in providing out-patient services related to the diagnosis and treatment of mental health disorders, and alcohol and other substance abuse.

Examples:

  • Outpatient mental health clinics
  • Out-patient treatment clinics for alcoholism and drug addiction
  • Rehabilitation clinics, out-patient
NAICS 62149: Other Out-Patient Care Centres

This industry comprises establishments, with medical staff, not classified to any other industry, primarily engaged in general out-patient care, which provides the services of a variety of health practitioners within the same establishment, and specialized out-patient services, such as dialysis.

NAICS 62151: Medical and Diagnostic Laboratories

This industry comprises establishments primarily engaged in providing analytic or diagnostic services. These services are generally provided to the medical profession, or to the patient on referral from a health practitioner.

Examples:

  • Bacteriological laboratories, diagnostic
  • Biological laboratories
  • Dental laboratory, analysis and diagnostic
  • Medical laboratories (clinical)
  • Medical pathology laboratories
  • X-ray laboratories, medical
NAICS 62161: Home Health Care Services

This industry comprises establishments primarily engaged in providing skilled nursing services in the home, combined with a range of other home services, such as personal care services, homemaker and companion services, physical therapy, medical social services, counselling, occupational and vocational therapy, dietary and nutritional services, speech therapy, audiology, medical equipment and supplies, medications and intravenous therapy.

NAICS 62331: Community Care Facilities for the Elderly

This industry comprises establishments primarily engaged in providing residential and personal care services for the elderly and persons who are unable to fully care for themselves or who do not desire to live independently. The care typically includes room, board, supervision and assistance in daily living by providing services such as housekeeping.

NAICS 62399: Other Residential Care Facilities

This industry comprises establishments, not classified to any other industry, primarily engaged in providing residential care, such as transition homes for women, homes for emotionally disturbed children, camps for delinquent youth, group foster homes, halfway group homes for delinquents and offenders, and orphanages.

NAICS 62411: Child and Youth Services

This industry comprises establishments primarily engaged in providing non-residential social assistance services for children and youth.

Examples:

  • Adoption services
  • Big Brother services
  • Big Sister services
  • Child support services
  • Friendship and counselling offered to young people
NAICS 62412: Services for the Elderly and Persons with Disabilities

This industry comprises establishments primarily engaged in providing non-residential social assistance services to improve the quality of life for the elderly, the developmentally handicapped or persons with disabilities. These establishments provide for the welfare of these individuals in such areas as day care, non-medical home care, social activities, group support and companionship.

Examples:

  • Adult day care centres
  • Home-maker services
  • Senior citizen centres
NAICS 62419: Other Individual and Family Services

This industry comprises establishments, not classified to any other industry, primarily engaged in: providing non-residential, individual and family, social assistance services.

Examples:

  • Alcoholic and drug addiction self-help organizations
  • Crises intervention centres
  • Friendship centres
NAICS 62441: Child Day-Care Services

This industry comprises establishments primarily engaged in providing day care services for infants or children. These establishments may care for older children when they are not in school and may also offer pre-kindergarten educational programs.

Examples:

  • Child care centres
  • Nursery schools
  • Pre-kindergarten
NAICS 71394: Fitness and Recreational Sports Centres

This industry comprises establishments primarily engaged in operating health clubs and similar facilities featuring exercise and other active physical fitness conditioning, or recreational sport activities, such as swimming, skating or racquet sports.

Examples:

  • Gymnasiums
  • Physical fitness centres
  • Skating rinks, ice or roller
  • Squash clubs
  • Swimming pools
  • Tennis clubs
NAICS 81219: Other Personal Care Services

This industry comprises establishments, not classified to any other industry, primarily engaged in: pronging personal care services.

Examples:

  • Hair removal (i.e. electrolysis)
  • Hair replacement services
  • Massage therapists, parlours
  • Scalp treatment services
  • Turkish baths
  • Weight reduction centres (non-medical)

Do you have any questions for how to benchmark your healthcare business?

Healthcare Financial Benchmarks

Click on the table below to open the document as a PDF file.

Download the Healthcare Financial Benchmarks table

Benchmark your health and wellness practice with your industry in Alberta.

Financial Benchmarking Healthcare Medical Practice Average Salary Edmonton Calgary Alberta

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