June numbers up; California veterinary practices hopeful

June numbers up; California veterinary practices hopeful

Small animal practices have another strong month. Meanwhile, specialty practices continue to struggle.
source-image
Aug 10, 2009
By dvm360.com staff
Recession? What recession? According to veterinary accounting firm Gatto McFerson, in Santa Monica, Calif., California small animal practices are performing well, despite the recession.

The firm released the most current results from its ongoing study of California small animal and specialty practices. The data shows that small animal practices in Northern California saw a revenue increase of 8.8 percent in June—adjusted for price increases—as compared to 2008. Southern California practices also performed well, with a revenue increase of 5.7 percent.

Specialty practices continued to struggle, though to a lesser degree. After steep revenue drops of 12.5 percent and 11.7 percent in April and May, respectively, these practices managed to recover somewhat, seeing a revenue decrease of 5.2 percent in June.

The study data was collected from more than 100 practices throughout California. Click here for the full set of study results.

Hot topics on dvm360

Dog of Dallas Ebola patient will not be euthanized, authorities say

Health officials have quarantined and will monitor dog and amid concerns surrounding deadly virus.

Video: How to perform a belt-loop gastropexy

Prevent GDV in your at-risk patients with this simple technique.

Stretch your skills to earn more in veterinary practice

Finding new tasks could be the key to generating more income for your practice—and boosting your pay.

Veterinary community stunned by Sophia Yin's unexpected death

Prominent veterinary behaviorist died of suicide Sept. 28.

Study shows sustained salary slump for veterinary support staff

Since 2009, technicians paid by the hour have experienced a bump in pay, but pay for other team members has stayed stagnant, according to data from the 2014 Firstline Career Path Study. Here’s a look at changes in team pay from 2009 to 2013.