This year’s Spirit of Service Recipient is PANT, a 501(c)(3) dedicated to help care for pets of community members who have fallen into difficult times. Supporting these pets, in turn, supports their owners. PANT helps families stay together with their pets during times when their owners are struggling with hardships. THANK YOU! Through an enabling partnership with … [Read more...]
Pause to say, “Good Job” to veterinary teams
Commentary – Complimentary Content While already into 2-Q-2023, the most recent Vet Watch Monthly Insight report shows veterinary teams have stayed the course to meet the demands of pet owners and rebalance some of the previous negative trends. Vet Watch numbers remain consistent down to a regional level. Individual practices are advised to look at their own practice results … [Read more...]
Vet Watch Insight Report. 8.5 percent YTD practice revenue growth, other improvements
Commentary Growth in core vaccines, kennel cough vaccine and surgery at this point in the new year is good news. While invoices, patient and client numbers are still negative, these results are much improved over what was seen mid-November <Link>. Prevention medicine requires proactive communication.” Consider sharing this market information as part of employee … [Read more...]
VetWatch shows more dollars YOY, fewer pets, fewer invoices
VetWatch year end report for the ~3,000 reporting practices shows: For the month ending December 31, 2022, aggregate YTD practice revenues are at + 4.5 percent net growth versus YTD 2021 Period performance growth in unique patients (pets) is at (-1.9 percent) Unique client and invoice growth posted (-2.0 percent) and (-3.1 percent) growth respectively vs PYTD … [Read more...]
VetWatch® Commentary for Week 48 thru December 7th
Opinion The numerical trends in the VetWatch updates can appear to be minimal. However, considering the average annual value of a cat at about $400 and the average annual value of a dog is at least $900, retaining and engaging clients is critical to long-term practice revenue, healthier pets and happier clients. Simple math shows a veterinarian with 4000 active clients of … [Read more...]
Vet Watch trends. Do these concern you?
Commentary The latest Vet Watch trend tracking begs attention. Note the metric showing a reduction in the number of clients. It is an area where practices and the animal health pros who serve them can focus actionably. Returning clients and their pets to an active status requires individual communication supported by client base communications. Start with your own staff, … [Read more...]
The Vet Watch™ Weekly Insight Report
Opinion We’re fortunate to have indices and dashboards like VetWatch™ to help monitor and understand trends in veterinary practices. Top line revenues are positive while client and patient numbers are weakening and likely an indication of retention challenges. Weekly hospital client and patient trends show revenue growth for the week ending September 3, 2022, at +4.7 … [Read more...]
VetWatch™ Commentary, for Week 19 – thru May 14, 2022
Complimentary Content Trends from more than 32,000 practices and shelters help animal health professionals understand shifts in our industry’s business. The data captures purchasing trends reported for practices & shelters of core therapeutic and supply categories. The VetWatch™ weekly report provides the option to see trends by geographies, a significant benefit for … [Read more...]
Animalytix senior executive forum: next Tuesday, February 16th
Complimentary Support the Animal Health Corridor’s Spirit of Service program by registering for this valuable industry forum. Few participants leave without learning something new or gaining new perspectives on our industry. This year’s program is especially promising. The 10th annual Animalytix Senior Executive Forum provides a detailed analysis of the critical market … [Read more...]