Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA December 1–7, 2024 LAST WEEK The 2024 holiday shopping season has started with a bang. On Cyber Monday alone, shoppers spent $13.3 billion — 7.3% more than Cyber Monday 2023 — making it the biggest online shopping day of all time. And,...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA November 24–30, 2024 LAST WEEK Focus On Practicing Good Medicine: Increasing Average Doctor Transaction (ADT) To maximize practice revenue growth in the veterinary industry, it’s crucial to focus on providing the highest standard of care for every patient, every time. In this...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA November 17–23, 2024 LAST WEEK As veterinary industry visits continue to decline, a new survey has revealed that 81% of U.S. pet owners would rely on technology to reduce the need for routine veterinary visits and decrease pet care costs. Conducted in...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA November 10–16, 2024 LAST WEEK As the consolidation of veterinary practices continues, investors are seeing a new opportunity in the veterinary industry: real estate. Northmarq, a full-service capital markets resource for commercial real estate investors, has helped many clients with sale-leaseback deals....Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA November 3–9, 2024 LAST WEEK Voters in Colorado have approved the state’s Proposition 129, a ballot measure authorizing the addition of a new mid-level practitioner role called a veterinary professional associate (VPA). Colorado is the first state to approve the creation of...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA October 27–November 2, 2024 LAST WEEK Building Your Dream Team Driving veterinary industry revenue is more crucial than ever. In this week’s blog post, guest authors from Blue Heron Consulting, including Jason Maag, chief growth officer; Susan Bradshaw, director of HR; and...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA October 20–26, 2024 LAST WEEK Vetsource has announced that the Vet2Pet app and client engagement solution will now be free for all Vetsource Prescription Management customers. Originally designed by veterinary professionals trying to solve their own pain points in practice, Vet2Pet offers...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA October 13–19, 2024 LAST WEEK Brakke Consulting recently published a report based on an analysis commissioned by the AVMA, which found that there will not be a shortage of companion animal veterinarians in the next 10 years. The analysis explored trends in...Read More

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA October 6–12, 2024 LAST WEEK The second annual State of Emergency and Specialty Veterinary Care Report has revealed that, while morale has improved, staffing shortages and high turnover continue to challenge emergency and specialty veterinary practices. Conducted by Instinct Science, the report...Read More