JAVMA news
Business as un-usual
The overall impact of shelter-in-place measures to the veterinary industry is an open question, although bits of economic data gathered from practices…
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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…
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Registration open: 2019 AVMA Economic Summit
Are you ready to learn the latest in consumer behavior trends, financial best practices, and veterinary economic research? Secure your seat to attend…
JAVMA news
Coronavirus stimulus packages to aid workers, small businesses
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security Act—signed into law March 27—are intended to strengthen the…
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…
JAVMA news
Burnout’s economic toll on veterinarians calculated
Researchers found that the veterinary profession is losing around $1 billion annually in revenue because of burnout.
JAVMA news
Busy times, stress for veterinarians during pandemic
The AVMA House of Delegates discussed how busy their practices are now, concerns they have for keeping themselves and their staff healthy, how to…
JAVMA news
HOD passes resolution on workforce issues
AVMA leaders resolved to help address economic, staffing, and morale challenges in the veterinary workforce and they adjusted a series of existing…
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…
JAVMA news
Getting to the root of overworked and burned-out veterinary practices
“We have a very challenging workforce dilemma, one that has significant ramifications to well-being and staff turnover,” says AVMA Chief Economist…
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
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
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…
JAVMA news
Coronavirus emergency law gives paid leave
A new federal law expands the existing paid family medical and leave program from its current form and gives paid sick leave to workers who did not…
JAVMA news
Practice inefficiencies compound veterinary stress
A high number of veterinarians say they are considering leaving their dream job for reasons unrelated to retirement. The surprising trend was one of…
JAVMA news
Veterinary practices receive $2.1 billion in federal relief
More than half of U.S. veterinary practices received Paycheck Protection Program loans totaling an estimated $2.1 billion, according to U.S. Small…
JAVMA news
Veterinary practices find relief in Paycheck Protection Program
In early May, the Trump administration announced that more than 2 million loans totaling $175 billion had been made to small businesses during the…
JAVMA news
Veterinary clinics adapt to new normal
Most jurisdictions recognize veterinary practices as essential and are allowing them to operate during the COVID-19 pandemic sweeping the world, but…
JAVMA news
Are we in a veterinary workforce crisis?
AVMA staff analyze trends in patient volumes, clinic and hospital incomes, and staffing in those businesses.
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…
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Understanding and addressing veterinary workforce challenges
There are many questions circulating about the economics of veterinary practices, stress on the veterinary workforce, and veterinary teams’ wellbeing…
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…
JAVMA news
Finding hope, opportunity in dark times
A bestselling author on championing ideas, facing adversity, and building resilience is delivering lessons on those topics during this year’s…
JAVMA news
Survey finds underuse related to retention for veterinary technicians
A recent survey of veterinary technicians sought to examine barriers to their utilization and the impact of misutilization on job satisfaction and…
JAVMA news
COVID-19 a year later: How the veterinary profession adapted
In this issue, JAVMA News seeks to tell stories of the hard work of veterinary clinicians and researchers, clinic staff members, and students who have…