Veterinary Industry Summary August 20–26, 2023 Inflation and the workforce shortage continued to dominate veterinary industry conversations. While national inflation slowed to 3.2% in July, pet industry inflation was still up 8.7%. In fact, total pet prices have increased 22.7% since 2019, forcing many pet owners to prioritize their spending and many veterinary practices to reconsider price increases. #veterinary #veterinarydata
Vetsource Data Services
Veterinary Services
Toronto, Ontario 17,258 followers
Confidently make business decisions with veterinary trends data on demand.
About us
At Vetsource®, we build the foundation for success, enabling those in the pet healthcare ecosystem to thrive. Formerly VetSuccess, our Data & Insights team remains the industry’s definitive data experts. We make sense of veterinary data and turn it into actionable information, metrics, and benchmarks for veterinary corporate groups and industry organizations. From veterinary market trends data to pet owner outreach programs, our innovative business solutions harness the power of data to help our partners expand their knowledge and reach, make data-driven decisions, and nurture lasting bonds with their customers. Pet healthcare is rapidly evolving, and we’re constantly seeking new ways to help create a better, brighter future for pets and those who care for them. Follow our general account to keep up with all things Vetsource, @vetsource.
- Website
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https://veterinaryanalytics.com/
External link for Vetsource Data Services
- Industry
- Veterinary Services
- Company size
- 501-1,000 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Veterinary Practice Metrics, Data Normalization, and Veterinary Practice Management
Locations
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Primary
Get directions
379 Adelaide St W
Toronto, Ontario M5V 1S5, CA
Employees at Vetsource Data Services
Updates
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Veterinary Industry Summary August 13–19, 2023 Over the past 12 months, veterinary practices have increased prices by 9.87% on average, which is a higher percentage increase than the previous two periods. Revenue growth, however, was only up 7.9% on average — a result of declining patients and visits. #veterinary #veterinarydata
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Check out these easy-to-implement tips to improve the client experience in your #veterinary practice!
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Veterinary Industry Summary August 6–12, 2023 While trends in visits and revenue are remaining fairly stable, the number of practices in our data set has changed — we recently surpassed 5,000! Last week, data from 5,067 practices was included in the Veterinary Industry Tracker’s numbers. #veterinary #veterinarydata
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Congrats to these #veterinary heroes!
Five veterinary professionals receive inaugural Unsung Heroes awards
dvm360.com
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Prevent burn out! Follow these 3 steps and lighten your workload. https://buff.ly/3kc3q5N #vetmed
Lighten your workload – 3 steps to help you delegate effectively
vetsource.com
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Veterinary Industry Summary July 30–August 5, 2023 #veterinary #veterinarydata
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Veterinary Industry Summary July 23–29, 2023 #veterinary #veterinarydata The industry has been abuzz with talk about the workforce shortage, especially since AVMA’s release of “Straight talk about veterinary workforce issues,” a summary of remarks given by President Dr. Lori Teller during a recent VetPartners meeting. Industry leaders are aligned that the profession is facing challenges, but the root cause of these challenges — and how we should address them — is still up for debate. Read the full Veterinary Industry Summary here: https://lnkd.in/gcjZAdFC
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How is the culture in your practice? If you are not sure, try this simple exercise:
Do you need a practice culture makeover? - Veterinary Practice News
https://www.veterinarypracticenews.com
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How to Improve Client Experience in Your Practice
Tips on improving the client experience in your practice
vetsource.com