California practices see revenue return

California practices see revenue return

Veterinary practices are back in the black after a long drought of poor year-over-year revenue numbers.
source-image
May 14, 2010
By dvm360.com staff

The gorgeous California sun is finally peeking through the recession cloud for veterinary practices in the Golden State, according to Tom McFerson, CPA, ABV, a partner with veterinary accounting firm Gatto McFerson in Santa Monica, Calif.

The 150 practices McFerson surveys are seeing year-over-year boosts from March on. Small animal practices in Southern California experienced revenue increases in March of 4 percent to 6 percent. Northern California practices saw revenue growth of 3 percent to 5 percent.

The hardest-hit hospitals—specialty, emergency, and referral practices—even saw a silver lining in their own dark cloud of months of revenue drops. They experienced a slight 0.3 percent increase in March after months of decreases of 5 percent or more.

Still hurting for revenue in your neck of the woods? Check the related links below for articles on cutting costs and boosting revenue.

Hot topics on dvm360

Pol on defense as Michigan veterinary board discusses negligence charges

Controversial reality TV veterinarian calls his approach 'common sense.'

Photo gallery: The top 10 veterinary schools in America, according to U.S. News

U.S. News & World Report ranks programs for the first time since 2011.

Front Desk Disasters, Episode 3: Dude looks like a lady

Everyone's favorite receptionist is at it again. Would you handle this situation differently?

Video: Flea hideouts in the house

Parasitology expert Michael Dryden, DVM, MS, PhD, reveals prime hideouts for fleas—and gives tips to clear them out of clients' homes for good.

Veterinarians: Your clients are going to Google with these cat questions

You might be surprised by what your clients are researching. Plus, get an educational client handout.