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The Vetalytix Report

By: Vet-Advantage
December, 2018

Welcome to The Vetalytix Report for the third quarter of 2018. In previous issues, we reported that the first two quarters proved to be challenging for many veterinarians nationwide as revealed by decreases in product consumption across numerous categories.

After a slow start to the year marred by snow and cold in many regions, preventive care volumes appeared to recover in many areas of the country in the second quarter, although several regions continued weaker-than-expected results.

Categories: Industry Trends, Trends, Industry Insights

The Science Behind the Bond

By: Vet-Advantage
August, 2018
HABRI’s research highlights the human health benefits of pet ownership

Being a pet owner is good for your heart. It’s been proven by scientific study, according to the American Heart Association, which has issued a scientific statement that pet ownership improves heart health. According to the AHA, pet owners have significantly lower systolic blood pressure than non-pet owners.

Another interesting scientific finding? Owning a cat makes you more likely to be alive one year after a heart attack. Non-cat owners had a 40 percent greater likelihood of death.

Categories: Industry Trends, Trends, NAVC, Human-Animal Bond Certification

PetsPAC

By: Graham Garrison
August, 2018
Political action committee will tackle state legislation that could negatively impact animal health stakeholders

The changes came without warning. This spring, with no hearings, or chances for stakeholders to participate in the law-making process, the Kentucky Legislature pushed through a bill that included a 6 percent tax on companion animal services. That’s 6 percent added to the bill of every pet owner that sees a veterinarian, or buys a product from a veterinarian.

What’s worse, the taxes raised were in no way targeted to improve animal welfare, or anything related to pet ownership or veterinary care, according to Mark Cushing, CEO and Founder of the Animal Policy Group. “It’s just a chance to reach over and grab money from pet owners to pay for other Kentucky priorities or interests,” Cushing says.

Categories: Industry Trends, Trends, PetsPAC

The Vetalytix Report

By: Vet-Advantage
August, 2018
Veterinary practice data points from the second quarter of 2018

Welcome to the Vetalytix Report for the second quarter of 2018. In our last issue, we reported that the first quarter of 2018 proved to be challenging for many veterinarians around the country as revealed by decreases in product consumption across numerous categories. With record cold and snow taking a toll on business, many regions of the country were significantly more impacted than others.

With the end of June marking the close of the second quarter, the report that follows reveals the major trends observed during the spring months of April, May and June. Did practices fare better in the second quarter of 2018? Let’s take a look using product consumption data made available through our partnership with Animalytix and their data platform, www.vetalytix.com.

Categories: Industry Trends, Trends, The Vetalytix Report

Pet Insurance

By: Vet-Advantage
April, 2016

More than 1 million pets are insured in North America, according to the National American Pet Health Insurance Association (NAPHIA). And while that may represent a fraction of U.S. pet owners, insurance providers believe the number will climb steadily. That’s because the growing power of the human/animal bond is leading owners to seek more – and more expensive – treatments and procedures for their pets, they say. Insurance might be the only way many can afford them.

Categories: Industry Trends, Insurance

Supply & Demand

By: Vet-Advantage
October, 2015

No reduction of veterinarians is called for: AVMA


The market for veterinarians remains positive, and no reduction in the number of veterinarians is called for. Those are the conclusions of the American Veterinary Medical Association in its recently released“2015 AVMA Report on the Market for Veterinarians.” It is the fourth in a series of six annual reports in its “Economic Reports” series.

Categories: Industry Trends, AVMA news

Industry Responds to FTC Report

By: Vet-Advantage
October, 2015

Vet-Advantage: sought responses to the May 2015 FTC report, “Competition in the Pet Medications Industry: Prescription Portability and Distribution Practices,” from three industry experts:

Categories: Legislation, Industry Trends

Competition for Pet Medications: Questions Linger

By: Vet-Advantage
October, 2015

FTC voices support – but few details – for more competition 


Veterinary products and equipment distributors, as well as their veterinarian customers, have much to ponder about the future of so-called “portable prescriptions, “that is, prescriptions issued by veterinarians to be filled by the pet owner somewhere other than the prescribing veterinarian’s office. That’s true for two reasons. 

Categories: Legislation, Industry Trends

Mobile Clinics

By: Vet-Advantage
October, 2015

How much of a threat do mobile clinics present brick-and-mortar veterinary practices? 


U.S. business history is full of stories of disruptive innovations. Look what the Model T did to horse-drawn carriages, airplanes to the passenger railroad, or big-box retailers to mom-and-pop general stores.

Recently, healthcare has seen its own share of disruptive innovations. Physicians, for example, are facing increasing pressure from drugstore-based convenience clinics staffed by nurse practitioners. The stand-alone dental practitioner nervously eyes the newest site of a national dental service organization. And independent optometrists need only look to the nearest Costco to see their competitive threat.

Categories: Industry Trends, Mobile Clinics

Cancer: Everyday Concern

By: Vet-Advantage
October, 2015

Early diagnosis and treatment are key to optimal outcomes


 

Categories: Industry Trends, Pathology

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