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
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…
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…
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…
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
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
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 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…
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
Client feedback can be a boon instead of a bane—yes, even complaints
An up-and-coming practice manager, a longtime practice consultant, and an AVMA economics expert discuss how practices can use surveys, social media,…
AVMA news
Environmental sustainability resources for veterinary workplaces sought by delegates
The AVMA House of Delegates (HOD) has asked the Board of Directors (BOD) to consider having the AVMA develop resources for its members that promote…
AVMA news
Idea of midlevel practitioner rejected in favor of better support, engagement of credentialed veterinary technicians
Many members of the AVMA House of Delegates who spoke at the HOD’s Veterinary Information Forum and during an HOD committee meeting said that…
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…
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
AAEP develops resources to recruit, retain equine veterinarians
The American Association of Equine Practitioners (AAEP) is taking steps to address the future of equine practice by improving compensation, emergency…
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
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
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
James E. Nave wins AVMA Advocacy Award
The AVMA presented Dr. James E. Nave, of Las Vegas, with the AVMA Advocacy Award July 14 during the AVMA House of Delegates (HOD) regular annual…
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
Carlson chosen as next AVMA president-elect
Dr. Rena Carlson prevailed in an election by the AVMA House of Delegates over Dr. Grace Bransford to become 2022-23 AVMA president-elect.
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
Addressing burnout, building belonging in the workplace
A workplace with an emotional culture, where emotions are recognized as signals about employee well-being, can reduce burnout and retain staff…