AT IN THE A GLANCE NEWS
How Does Your O&P Business Compare? The average net sales/billing for an O&P business in 2012 was $4.3 million (median $1.7 million), with prosthetics accounting for 46 percent of gross sales.
O&P Business Net Sales/Billing
Up to $1 million
Over $5 million
Percent of Gross Sales/Billings By Category
Other
Pedorthics
3% 6%
22%
Durable Medical Equipment
1%
16% 28%
44%
34% $2 to $5 million
46% Prosthetics
Orthotics
$1 to $2 million
6%
Average net profit margin (net income before taxes as a percentage of sales) of O&P businesses.
82%
Percentage of O&P companies that use outside central fabrication.
24%
Percentage of O&P facilities with more than 20 employees.
Sources: AOPA’s “2013 Compensation & Benefits Report” and “2013 Operating Performance Report.” 6
O&P Almanac DECEMBER 2013
24
years
Source: AOPA’s “2013 Operating Performance Report.”
Average length of time an O&P business has been in operation.
$52,065 Average compensation for a certified pedorthist at an O&P facility.
$43,000
Average compensation for a practitioner assistant/ extender at an O&P facility.
AOPA’s “2013 Operating Performance Report” and “2013 Compensation & Benefits Report” may be purchased in the AOPA Bookstore at www.aopanetonline.org/store.