Private Clinics Are Apparently More Profitable Now, Though Nobody Will Say How They Know

A 2024 market note claims turnover and profit both rose across a small batch of private healthcare businesses, though nobody named a survey, a sample or a source. This includes practices like yours if you run a clinic, a therapy service or a healing business.

Clinics and therapy practices watching their own margins might take heart from this, but the arithmetic behind it is anyone's guess.

Original ResearchAn unattributed industry note claiming turnover and profit rises across 110 private healthcare businesses in the year to May 2024.
Sourcehttps://verilo.co.uk/insights/market-update-may-2024-private-healthcare-sector/
OverviewVerilo, a business brokerage, published this as part of a wider sector note but attached no survey, methodology or original source to the figures.
Year2024
PublisherBrand, Verilo
Relevance to WellbeingPhysiotherapy, osteopathy, aesthetic medicine, podiatry and psychological services sit squarely within clinical and therapy practice, so the numbers are on-topic even if the sourcing isn't.
Our VerdictToo early to tell The figures might be accurate, but there's no way to check them, so treat this as marketing colour rather than fact.
Our Summary
  • The direction of travel, up rather than down, is unlikely to be wildly wrong even if the exact figure is.
  • No sample details, method or original report are given, so the number can't be checked against anything.
  • The 110 businesses aren't named, sized or broken down by sector, so 'average' could mean almost anything.
  • It at least confirms a market with money moving through it, which is worth knowing even without the receipts.
Our Geo ViewUK-specific figures in GBP, tied to the UK private healthcare market, so the numbers won't translate directly to other countries' regulatory or fee structures.
Abstract of wellbeing niches and revenue flow
Recognise how this might impact your practice

Why this might matter to you

  • Coaching: This matters because coaches sometimes borrow other sectors' growth stats to sound credible, and this one won't survive a follow-up question.
  • Therapy: This matters because talking therapies are named in the data, so a client or buyer might reasonably ask a therapist whether their own numbers hold up.
  • Training: This matters because training businesses eyeing acquisition trends elsewhere in wellness should know this particular trend isn't proven, just claimed.
  • Alternative Healing: This matters because healing practices adjacent to aesthetic medicine could get asked about valuations they had nothing to do with.
  • Clinical: This matters because podiatry, osteopathy and physiotherapy sit right inside this dataset, making clinics the most likely to be quoted at.
  • Retreat/Centre: This matters because centres bundling clinical services under one roof could see this figure used to justify fee rises nobody has actually verified.

Where this came from

Verilo's own note on the UK private healthcare market claims turnover and profit both climbed across a small batch of businesses in the year to May 2024.

Verilo, published May 2024. The page could not be independently verified when checked, and no separate survey or report is cited anywhere on it.

Credibility flags: no methodology disclosed. Sample size stated as 110 businesses, otherwise not broken down. Publisher is a business brokerage reporting on its own market, not an independent research body.

How we scored this

A relevance score out of 100, built from three things: how well it fits the six practice types, how recent it is, and how solid the methodology behind it is.

70%
Practice fit, 100How new, 100How solid, 0

Marked down hard on how solid the method is, since nothing is attributed to anyone, kept strong on practice fit because the businesses named sit squarely in clinical and therapy work, and scored well on recency given the May 2024 date.

Faces of satisfied clients
It's worth considering changes to your marketing practices

What this means for your marketing

  • Don't quote the £488,485 figure as fact; call it "one industry estimate" if you use it at all.
  • Brief your team not to cite this in proposals or pitches without the caveat attached.
  • Say the sample size, 110 businesses, undisclosed detail, before a client or buyer asks.
  • Hold off using this to justify a valuation or a fee rise until a properly sourced version turns up.
  • Put a line in your pricing conversations that market averages like this one are unverified, not gospel.

Who this is most useful for

Practice typeRelevanceRecommended action
Clinical PracticesHighMention only with the caveat attached, and watch for a properly sourced version.
TherapyMediumUseful background for psychological services pricing chats, flagged as unverified.
Retreat/CentreMediumHandy for multi-service centres discussing fees, with the same caveat attached.
CoachingLowSkip it, this isn't your sector.
TrainingLowSkip it, this isn't your sector.
Alternative HealingLowSkip it unless you also offer aesthetic medicine services.

Best before

Best before: revisit once Verilo or anyone else publishes a properly sourced version of this data; until then, treat it as provisional.

What next?

Every practice owner has wondered whether their margins measure up to some invisible industry average, and this is exactly the sort of number that gets waved about without anyone checking it first.

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