{"id":8443,"date":"2020-07-16T13:52:51","date_gmt":"2020-07-16T13:52:51","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=8443"},"modified":"2022-06-15T17:46:24","modified_gmt":"2022-06-15T17:46:24","slug":"analytics-veterinary-business","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/analytics-veterinary-business\/","title":{"rendered":"For clinics, a few good financial signs"},"content":{"rendered":"

Many U.S. veterinary practices are seeing increased revenue amid the COVID-19 pandemic, according to two industry observers.<\/p>\n

The data analytics company Animalytix noted in its weekly VetWatch report that year to date, 40 states \u201care now net positive in terms of total revenues\u201d compared with the same period in 2019. States \u201cstruggling to meet the 2019 threshold performance levels\u201d are California, Nebraska, New York, New Jersey, Massachusetts, Michigan, Ohio, Pennsylvania, Maine and Rhode Island.<\/p>\n

For the week of July 5, clinic and shelter purchases of flea, tick and heartworm preventives<\/a> nationwide rose by 4.4% year over year.<\/p>\n

\u201cYear to date, canine and feline core vaccines, supplies and surgical suite purchases \u2026 remain in positive territory versus 2019 with growth ranging from 0.6% to 5.9%,\u201d the report noted.<\/p>\n

The data is presented at www.VetWatch.com<\/a>. The North American Veterinary Community, publisher of Today\u2019s Veterinary Business, is a VetWatch sponsor.<\/p>\n

Meanwhile, another analytics company, VetSuccess, reported that smaller practices, or those that take in less than $1.5 million a year, generally outperformed larger practices during the week of July 6. While daily revenue rose by 9% overall compared with the same period in 2019, the split was 13% at smaller practices and 6% at larger practices.<\/p>\n

The best-performing states included Louisiana and Arizona, which saw revenue increases of 19% and 18%, respectively, and Missouri, Washington, Alabama and North Carolina, all of which jumped by 11%.<\/p>\n

One down sign was in the number of daily average invoices per practice. The year-over-year count at smaller clinics rose by 3.5% and fell by 2% at large practices, according to VetSuccess.<\/p>\n

The company\u2019s Veterinary Industry Impact Tracker is available at bit.ly\/2OyEJNw<\/a>.<\/p>\n

\n

Did you know a subscription to Today\u2019s Veterinary Business is free to qualified veterinary professionals? All you have to do is sign up here<\/a> (and renew each year). You also can sign up to receive the Today\u2019s Veterinary Business weekly e-newsletter.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Revenue and purchasing are in positive territory, a pair of industry trackers show.<\/p>\n","protected":false},"author":45,"featured_media":8444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-8443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nFor clinics, a few good financial signs | Today's Veterinary Business<\/title>\n<meta name=\"description\" content=\"Many U.S. veterinary practices are seeing increased revenue amid the COVID-19 pandemic, according to two industry observers.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"For clinics, a few good financial signs\" \/>\n<meta property=\"og:description\" content=\"Many U.S. veterinary practices are seeing increased revenue amid the COVID-19 pandemic, according to two industry observers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/analytics-veterinary-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Today's Veterinary Business\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/todaysveterinarybusiness\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-16T13:52:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-15T17:46:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/wp-content\/uploads\/sites\/2\/2020\/07\/2020-Revenue.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"544\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Louise S. 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