| Results of a survey to determine demographic and business management factors associated with size and growth rate of rural mixed-animal veterinary practices. | |
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MedLine Citation:
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PMID: 21155678 Owner: NLM Status: In-Process |
Abstract/OtherAbstract:
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OBJECTIVE: To determine potential associations between demographic and business management factors and practice size and growth rate in rural mixed-animal veterinary practices. DESIGN: Cross-sectional survey. PARTICIPANTS: 54 mixed-animal practitioners. PROCEDURES: A cross-sectional survey (96 questions) was electronically disseminated. Responses were collected, and outcomes (number of veterinarians [NV], growth in number of veterinarians [NVG], gross practice income [GPI], growth in gross practice income [GPIG], gross practice income per veterinarian [GPIV], and growth in gross practice income per veterinarian [GPIVG]) were calculated. Bivariate analyses were performed and multivariable models created to determine associations between survey responses and outcomes of interest. RESULTS: Survey respondents were from mixed-animal practices, and most (46/54 [85.2%]) practiced in small communities (< 25,000 people). Study practices had a median ± SD NV of 2.3 ± 1.9 veterinarians, median GPI of $704,547 ± 754,839, and median GPIV of $282,065 ± 182,344. Multivariable regression analysis revealed several factors related to practice size, including the number of associate veterinarians and veterinary technicians in the practice, service fee structure, and employment of a business manager. Typically, practices had positive mean growth in NVG (4.4%), GPIG (8.5%), and GPIVG (8.1%), but growth rate was highly variable among practices. Factors associated with growth rate included main species interest, frequency for adjusting prices, use of a marketing plan, service fee structure, and sending a client newsletter. CONCLUSIONS AND CLINICAL RELEVANCE: Mixed-animal practices had a large range in size and growth rate. Economic indices were impacted by common business management practices. |
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Authors:
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Amy M Brusk; Brad J White; Dan R Goehl; Kevin C Dhuyvetter |
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Publication Detail:
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Type: Journal Article; Research Support, Non-U.S. Gov't |
Journal Detail:
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Title: Journal of the American Veterinary Medical Association Volume: 237 ISSN: 0003-1488 ISO Abbreviation: J. Am. Vet. Med. Assoc. Publication Date: 2010 Dec |
Date Detail:
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Created Date: 2010-12-15 Completed Date: - Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 7503067 Medline TA: J Am Vet Med Assoc Country: United States |
Other Details:
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Languages: eng Pagination: 1385-92 Citation Subset: IM |
Affiliation:
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Department of Clinical Sciences, College of Veterinary Medicine, Kansas State University, Manhattan, KS 66506, USA. |
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From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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