Veterinary Industry Summary: June 4–10, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
June 4-10, 2023
New laws in California and Arizona are clearing the way for increased virtual care while still centering the importance of the veterinary-client-patient relationship (VCPR). The push for new legislation comes amidst the veterinarian shortage and expanding access to care.
Check out the Veterinary Industry Tracker for daily stats.
| +5.6% Revenue YoY (Last Week) |
-1.2% Visits YoY (Last Week) |
Revenue was up this past week at 5.6% year over year, higher than the week prior. Visits are still down at -1.2% year over year this past week, also higher than the week before.
 -1.6%Heartworm YoY |
-1.7% Flea/Tick YoY |
 +6.3%Services YoY |
+3.2% Products YoY |
Heartworm and flea/tick protection dispensed are still down, though significantly higher than the week prior. Revenue from services was up at 6.3%, lower than the week before, and revenue from products was up at 3.2%, significantly higher than the preceding week.
| +5.9% Revenue YoY (Last 12 Months) |
-2.4% Visits YoY (Last 12 Months) |
The rolling 14-day trendline shows revenue and visits growth year over year trending slightly higher in 2023 than 2022. Revenue may be showing a pattern of slight growth, staying at a high of 5.9% compared to prior weeks holding at 5.6%.
| 4,713 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.4K Visits per Practice (Last 12 Months) |
Maine continues to stay on top for year-over-year revenue growth on average for the past 12 months, with 10.1% growth, followed by North Carolina at 9.8% and Tennessee at 9.7%.
For daily state-specific stats, please see the Premium Veterinary Industry Tracker on VeterinaryAnalytics.com.
*Numbers are subject to change based on data availability and PIMS adjustments.
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