AVMA news
FTC to ban most noncompete agreements
The Federal Trade Commission (FTC) issued a final rule on April 23 banning noncompete clauses nationwide. The commission voted to approve the final…
AVMA news
Economic headwinds could impact veterinary practices, says economic futurist
Andrew Busch, an economic futurist, consultant, and speaker, anticipates the U.S. economy bottoming out at the end of 2024 after hitting peak growth…
AVMA news
Leading with lists: How systems boost practice efficiency
Three industry experts shared common roadblocks to improving veterinary practice efficiency during the session “Systems and Processes to Address…
AVMA news
Increasing efficiency, salaries can help practices retain employees
To help mitigate employee attrition and increase retention, Frederic Ouedraogo, PhD, an AVMA senior economist and associate director in the Veterinary…
AVMA news
Veterinary starting salaries rise in 2023, educational debt holds steady
Mean starting salaries for veterinarians rose to just over $124,295 for graduates entering full-time employment in a year that also saw the mean…
AVMA news
Veterinarian salaries struggle to keep up with inflation
Unlike new veterinarians, overall veterinary incomes haven’t quite caught up to prerecession levels, said Charlotte McKay, AVMA associate director for…
AVMA news
New equine practitioners’ salaries see big increase
Average offers for veterinary graduates entering equine practice have jumped from $65,000 in 2021 to $95,000 in 2023. The American Association of…
AVMA news
FTC chair discusses veterinary trends at AVMA economic meeting
Federal Trade Commission (FTC) Chair Lina Khan addressed noncompete agreements, mergers, and private equity acquisitions at the opening of the AVMA…
blog
Just announced: FTC chair to address AVMA business forum
The AVMA will welcome Federal Trade Commission (FTC) Chair Lina M. Khan to open the 2023 AVMA Veterinary Business and Economic Forum with a special…
AVMA news
NIFA, LifeStock partner to promote federal programs addressing veterinary shortages
The U.S. Department of Agriculture’s National Institute of Food and Agriculture has awarded over $111,000 to the nonprofit LifeStock International to…
AVMA news
Telehealth bill advances in California Senate
California Assembly Bill 1399 passed the California Senate Appropriations Committee on September 1. The bill would allow a…
AVMA news
Supreme Court rejects Biden's student debt plan
On June 30, the U.S. Supreme Court struck down the Biden administration's student loan forgiveness plan, which proposed forgiving up to $20,000 in…
AVMA news
For most practices, demand returns to pre-pandemic levels
The revenue spike that many companion animal practices enjoyed during the height of the COVID-19 pandemic is fast becoming a thing of the past as it’s…
AVMA news
Updates from the AVMA feature resource to combat cyberbullying
AVMA leaders shared the latest Association updates during the plenary session of the 2023 AVMA Veterinary Leadership Conference. The announcements…
AVMA news
Treasurer Goldman prepares to end his term, leaving behind a financially healthy Association
With his sixth and final year as AVMA treasurer coming to a close, Dr. Arnold Goldman spoke with AVMA News about the financial health of the…
AVMA news
Turn to data when the decisions get tough
The AVMA Veterinary Business and Economic Forum, held virtually Oct. 24-25, featured the presentation “Morph Your Insights Into Powerful Foresight:…
AVMA news
Economist gives big-picture view of economy, veterinary profession
The U.S. economy is likely heading toward a recession along with much of the world, according to a leading economist, who anticipates a shortage of…
AVMA news
Pet ownership rate stabilizes as spending increases
Highlights from the latest AVMA pet ownership survey show the size of the U.S. pet population stabilizing after an increase in dog ownership in 2020…
AVMA news
Study explores secrets of highly efficient veterinary practices
A study of 60 animal hospitals classified as high, moderate, or low efficiency revealed differences in scheduling, staffing, and other aspects of…
AVMA news
Starting salaries up, debt down for new veterinarians
The mean debt-to-income ratio for new veterinarians is down to 1.4, a figure not seen since 2005, as educational debt decreases and starting salaries…
AVMA news
Veterinarian employers require innovative solutions to attract, retain staff members
To recruit, hire, and retain in this new environment, says Charlotte Hansen, AVMA assistant director for statistical analysis, employers will need to…
blog
President's Column: Let’s share solutions to shape success
The AVMA Veterinary Business and Economic Forum has consistently helped AVMA President Dr. Lori Teller better understand and address the critical…
AVMA news
Advocate for animal hospitals wins AVMA Award
Dr. Link Welborn, owner of six animal hospitals in Tampa, Florida, accepted The AVMA Award on July 30 during the keynote at AVMA Convention 2022. The…
blog
Economic Forum will shed light on today’s practice environment
Looking to make sense of the challenges of running your business in today’s environment? This fall’s AVMA Veterinary Business and Economic Forum will…
AVMA news
Keep in good financial health with sessions from AVMA economics team
Members of the AVMA Veterinary Economics Division will give three presentations on Saturday, July 30, at AVMA Convention 2022 for in-person attendees…