Benchmarks

Med Spas financial benchmarks

How does your med spa practice compare? Key metrics cited to specialty association data and cross-checked against Sorso client engagements.

Reviewed by Stanislav Sukhinin, CFALast re-verified 2026-04-10

Benchmarks are published industry ranges and Sorso-observed ranges from our client engagements. They are directional, not prescriptive — use them as a starting point for diagnosis, not a target.

Data reflects 2024 reporting cycles where available, with 2023 data used when a newer survey has not yet been published.

Profit Margin

22%

Range: 18%–30%

Overhead Ratio

75%

Range: 65%–82%

Revenue / Provider

$400K–$800K

Annual range

Collection Rate

96%

Range: 95%–98%

Denial Rate

4%

Range: 3%–5%

A/R Days

10 days

Range: 518 days

Source: Industry benchmarks compiled from MGMA, specialty association surveys, and practice management databases. Updated 2026.

How your practice compares

Where the money goes

Category%Description
staffing45%Clinical and administrative staff wages, benefits, and payroll taxes
rent11%Facility lease, utilities, and maintenance costs
supplies15%Clinical supplies, office supplies, and consumables
equipment8%Equipment leases, maintenance, and depreciation
marketing10%Digital advertising, website, patient acquisition
insurance3%Malpractice, general liability, and property insurance
Other8%IT, professional fees, continuing education, miscellaneous

Payer mix

Typical payer distribution for med spas practices. A balanced payer mix reduces dependency on any single source and improves revenue predictability.

Collection rates by payer

What top performers look like

Profit Margin

42%+ (AmSpa State of the Industry, 2024)

Collection Rate

99%+ (AmSpa State of the Industry, 2024)

Denial Rate

< 2% (AmSpa State of the Industry, 2024)

A/R Days

< 5 days (AmSpa State of the Industry, 2024)

KPIs specific to med spas

KPIBenchmarkDescription
Revenue per Treatment Room per Day$1,500–$3,000 (AmSpa State of the Industry, 2024)Daily revenue generated per active treatment room; measures space utilization
Product Cost as % of Revenue15–22% (Allergan Aesthetics practice data, 2024)Cost of injectables, skincare products, and consumables relative to revenue
Client Retention Rate60–75% (AmSpa State of the Industry, 2024)Percentage of clients returning within 12 months; repeat business drives profitability
Average Ticket per Visit$350–$800 (AmSpa State of the Industry, 2024)Average revenue per client visit; upselling and bundling increase this metric

From Sorso

In med spa clients Sorso works with, the spread between top-quartile and median margin is almost entirely product COGS discipline and injector compensation structure — not marketing spend.

Sources

  • American Med Spa Association (AmSpa) — State of the Industry Report (2024)
  • Allergan Aesthetics — Practice Economics data (2024)
  • Aesthetic Society — Cosmetic Surgery National Data Bank (2024)

Data reflects the latest available specialty association and MGMA reports through 2025; re-verified April 2026.

SS
Stanislav Sukhinin, CFA

Founder of Sorso. 18 years in corporate finance. Managed a $450M loan portfolio before building a fractional CFO firm exclusively for healthcare clinics.

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