The Committee is charged to advise the Board of Directors on the broad scope of economic issues affecting veterinary medicine and make recommendations to the Board of Directors to develop strategies for addressing economic issues. Specifically:
- Review economics information and keep abreast of economic developments in the veterinary profession, and the economy in general.
- Recommend studies and approaches to develop data and information that are valuable to the development of effective strategies to advance AVMA strategic economic goals, including strengthening veterinary practice profitability, financial wellbeing, and enhancing the veterinary medical workforce.
- Recommend summit meetings and conferences among key economic influencers and stakeholders, and provide assistance in their implementation, with the purpose to elevate and expand the profession’s ability to identify problems and opportunities and develop strategies involving other organizations and individuals.
- Recommend actions to develop and deliver information to the veterinary profession that will improve the profession’s business knowledge, acumen, and financial success.
- Respond to staff requests for advice on veterinary economics issues.
Membership and Method of Appointment
The membership will be composed of nine (9) voting members who are knowledgeable about economic issues and the veterinary medical profession, and who are forward-thinkers, able to participate in critical strategic discussions, ask elucidating questions, and challenge assumptions. Committee members may represent diverse experiences and perspectives both in and outside the AVMA, and will include diversity among the appointees by gender, generation and ethnicity.
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