The American Animal Hospital Association’s 2012 State of the Industry Report contained some positive news this year. They found that revenue for companion animal practices rose a mean 5.6 percent between 2011 and 2012.
Dr. Mike Cavanaugh, AAHA Executive Director, noted that hospitals reporting growth greater than ten percent were those who ‘believe their growth is independent of the economy’ and who ‘took growth into their own hands.’
The report also found that location and practice size were not factors in growth.