Bouncing back across the board: Results of the 2016 CVMA Practice Owners Economic Survey

摘要

Overall, 2016 was a strong year for Canadian veterinarians. Companion animal hospitals experienced small increases in revenue, net income, and both current and new clients. On the mixed and large animal side, a stagnation of revenue was overcome by prudent expense control, allowing for a jump in net income. Companion animal hospitals enjoyed a healthy 3.5% increase in gross revenue per full-time equivalent (FTE) DVM in 2016 (Figure 1). The gross revenue figure of $538 281 sets a new national high water mark. Over the same time frame, net income ticked upwards by 1.7%, to $162 589. This does not quite reach the record high attained in 2014, but does reverse the downturn seen last year.