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
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…
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
Fierce competition over veterinary labor
Veterinary practices are competing over a highly sought-after workforce for which work-life balance is more important than practice ownership
JAVMA news
Don’t let cybercriminals hack your practice
Hackers aren’t picky about whom they target. They’re trying to infiltrate your company’s computer network and shut down your business until you pay…
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.
JAVMA news
More pet owners are shopping online
So strong is the trend toward online shopping that a market research company projects e-commerce will account for half of all spending on pet food and…
JAVMA news
Clinics see annual growth in revenue, visits
As of March 1, year-over-year revenue increased, on average, 9.1% for practices, and patient visits increased 3.0%, according to the Veterinary…
JAVMA news
A blueprint for veterinary spaces
JAVMA News spoke with several architects and veterinarians about hospital and clinic design trends and how the COVID-19 pandemic may have accelerated…
JAVMA news
AVMA, VetSuccess partner to bring profession greater economic insights
The Veterinary Industry Tracker from VetSuccess will now be available on the AVMA’s website, along with the Association’s other economic tools,…
JAVMA news
AVMA creates practice management tools for members
The AVMA has released two resources to help simplify financial and back-office operations for veterinarians: a business plan template and a profit and…
JAVMA news
COVID relief package fixes tax on Paycheck Protection Program
The federal COVID-19 relief package and omnibus spending bill improves on parts of the Paycheck Protection Program, funds the nation’s animal health…
JAVMA news
Regulatory standards on pet health insurance being developed
There were nearly 2.82 million dogs and cats with pet health insurance at the end of 2019 in the United States and Canada. A new model law will likely…
JAVMA news
Make ready for a post-COVID economy
Macroeconomist Dambisa Moyo says problems within the global economy, exacerbated during the pandemic, will reshape the geopolitical landscape for the…
JAVMA news
Study finds strong correlation between revenue, annual visits per patient
Having patients visit more freqeuntly throughout the year more than makes up for any small decrease in revenue from each visit, according to recent…
JAVMA news
Customer value, pricing go hand in hand
Marketing professor Utpal Dholakia, PhD, urges practice managers to use the same process consistently to make every pricing decision for their…
JAVMA news
Pivot or perish: Veterinary leaders talk industry trends
E-commerce, telemedicine, and other innovations. Technology is the future, but at the same time, it can never replace the human touch.
JAVMA news
Veterinary labor demand remains strong during COVID
The veterinary profession was somewhat untouched by the pandemic,” says Charlotte Hansen, assistant director of statistical analysis for the AVMA.…
JAVMA news
Rethinking pricing strategies
A new economic study about pet owner sensitivity to veterinary fees should spur practitioners to reassess how they price their services, says practice…
JAVMA news
Women practice owners projected to overtake men within a decade
The percentage of private practitioners who are owners has declined from 43% in 2007 to 33% in 2019. This finding is one of several trends concerning…
JAVMA news
New, old challenges beg for radical change in veterinary profession
Nearly a third of the nation’s pets don’t see a veterinarian at least once a year. This and other challenges plague the profession and require radical…
JAVMA news
Brakke finds pet owners settle in for long haul during pandemic
The COVID-19 pandemic has impacted pet owners in various ways but has had little or no negative impact overall on pet care so far, according to a…
JAVMA news
One size doesn’t fit all when it comes to paying veterinarians
JAVMA News talked with a few veterinarians about the pros and cons of existing pay and benefit structures. Some say it’s time for new structures that…
JAVMA news
Veterinary hospital staff members unionize
The International Longshore and Warehouse Union announced that employees at Columbia River Veterinary Specialists voted 53-1 in August to approve a…
JAVMA news
Iowa governor signs veterinary debt repayment bill
Iowa joins about 20 states that have similar loan repayment programs for rural and food animal veterinarians.