Benchmarking in Healthcare
Financial Benchmarking Your Health & Wellness Practice in Alberta
Healthcare Average Wages and Salaries in Alberta
|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|
Healthcare Average Wages and Salaries in Edmonton
|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|
Healthcare Average Wages and Salaries in Calgary
|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|
Healthcare and Medical Financial Benchmarks in Alberta
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|
|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.
- Drug store
- Patent medicines
- 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.
- 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.
- Contact lenses
- Eyeglasses, spectacles and frames
- Optical goods stores
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Child care centres
- Nursery schools
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.
- 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.
- Hair removal (i.e. electrolysis)
- Hair replacement services
- Massage therapists, parlours
- Scalp treatment services
- Turkish baths
- Weight reduction centres (non-medical)