Issue 6 - May 2004

7th Annual Salary and Expense Survey
Measuring the climb to the top
By Linda Segall

Climbing to the top. Most of us are like mountain climbers: We would like to reach the summit, if for no other reason than to see and enjoy the view.

In this issue, we report on our Seventh Annual Salary and Expense Survey. The survey serves as a vantage you can use to assess your practice and compare it with those of other practicing chiropractors. You can see how far you have come — and, if you desire — how far you have to go to “reach the top” in practice management.

As we prepared for this year’s survey, our aim was to gather, analyze and provide information that would be most helpful to you in running your practice. Consequently, we eliminated some questions (and comparisons) from previous years and added others that are more relevant to today’s economy, all with the goal of providing you with the best bench-marking information available.

We invited participants throughout February 2004, primarily through e-mail, to complete the Web-based survey. Participants were not only our readers — they included other doctors of chiropractic. We are pleased that a record number of you — 645 — took us up on the invitation.

We are confident that you will get the answers you want and need to questions, such as:

“How does my practice compare in size and volume with those of my colleagues and competitors?”

"Are group practices growing in popularity?"

“Should I change the focus of my practice to provide integrative healthcare?”

“Do I work more hours than my competitors?”

“Am I spending too much to run my practice?”

You will find the answers to these and other questions on the following pages.
Our thanks to all of you who took the time to respond to the survey.

Linda Segall is editor-in-chief of Chiropractic Economics.

To view the results 7th Annual Salary and Expense Survey,CLICK HERE.

(This Adobe Acrobat PDF file is 12 pages and requires viewing with Acrobat Reader 6.0)