Offices of Physicians (except Mental Health Specialists) in Maryland

Revenue benchmarks for offices of physicians (except mental health specialists) businesses operating in Maryland.

#32 of 50 states-12.1% vs national avg

Average Revenue

$3.2M

per year

💰

Businesses

2,776

in Maryland

🏢

Revenue / Employee

$195K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

13.0%

industry average

📈

Market Saturation

44.9

firms per 100K in MD

🎯

Total Revenue

$9.0B

all firms in MD

💵

Total Employees

46,339

in MD

👷

How Maryland Compares

National Average$3.7M

Maryland$3.2M

Difference$447K (-12.1%)