April 7th, 2020

Categories
News Numbers

Daily Industry Data Update 4/6/20

20.7%

Revenue

24.4%

Transactions

4.9%

ATC

21.4%

New clients

Summary: The week started out down 20.7% in revenue and transactions down at 24.4%. Month to date stats is down below negative 30% growth with ATC holding strong and Transactions continuing to struggle.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

April 6th, 2020

Categories
News Numbers

Weekend Industry Data Update 4/4-5/20

25.8%

Revenue

32.9%

Transactions

11.1%

ATC

16.9%

New clients

Summary: Weekend stats continued the weekend trend of low transactions and high ATC. Please see our assessment as to why we believe this is occurring. Month to date stats are looking pretty dismal over last April, but keep in mind the first five days in April last year were all weekdays, where this year has a weekend of data. We should expect some slight increases in Month to date stats in the coming days.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

April 4th, 2020

Categories
News Numbers

Daily Industry Data Update 4/3/20

18.2%

Revenue

19.2%

Transactions

1.2%

ATC

20.4%

New clients

Summary: Friday closed the work week out with similar figures than the rest of the week, continued negative transactional growth with slight increases in ATC.  Month to dates stats is showing a slow start to April with Revenue down 22% driven by sluggish transactions.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

April 3rd, 2020

Categories
News Numbers

Daily Industry Data Update 4/2/20

17.7%

Revenue

19.7%

Transactions

1.1%

ATC

17.0%

New clients

Summary: Thursday stats where very similar to Wednesday with revenue off the same amount, driven by slower transactions and an increase in ATC.  Month to dates stats are showing a slow start, but take that with a grain of salt. Only a couple days reporting with April 1st and 2nd in 2019 being a Monday and Tuesday, compared to a Wednesday and Thursday this year.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

April 2nd, 2020

Categories
News Numbers

Daily Industry Data Update 4/1/20

17.7%

Revenue

16.8%

Transactions

11.1%

ATC

23.3%

New clients

Summary: Wednesday’s daily stats were very similar to Tuesday with Transactions off 16.8% and overall revenue off 17.7%, although ATC was down compared to Wednesday. New clients to start the month are off considerably at negative 23.3%.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

April 1st, 2020

Categories
News Numbers

Daily Industry Data Update 3/31/20

16.5%

Revenue

17.4%

Transactions

1.1%

ATC

1.5%

New clients

Summary: Tuesday saw a lightening of negative Transactional growth as well as a strong move towards the positive in New Client Growth. Revenue still ended down, but Transactions were not down as far as we’ve seen the last 5 days. The month closed out with Revenue down 3%, driven by poor overall Transactions, and positive ATC.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

March 31st, 2020

Categories
News Numbers

Daily Industry Data Update 3/30/20

20.1%

Revenue

25.3%

Transactions

7.1%

ATC

10.0%

New clients

Summary: Monday continued a Transaction growth slide and ATC still maintaining growth, resulting in Revenue being down 20.1%. Month to date stats continues to be driven down by recent negative Transactional growth.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

March 30th, 2020

Categories
News Numbers

Weekend Industry Data Update 3/28-29/20

17.0%

Revenue

31.0%

Transactions

20.0%

ATC

16.3%

New clients

Summary: The weekend saw the worst transactional growth in recent reporting at 31.0%, bringing revenue down 17.80% for the weekend. ATC saw a dramatic increase over the prior year where we continue to see visits increase that are more urgent in nature over wellness revenue. Month to date stats continues in the negative direction aside from ATC.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

March 28th, 2020

Categories
News Numbers

Daily Industry Data Update 3/27/20

18.1%

Revenue

24.1%

Transactions

7.9%

ATC

23.9%

New clients

Summary: Summary: Friday resulted in similar numbers as of Thursday, although ATC did increase over Thursday to help Revenue not look as bad as Thursday. New clients continue there to slide. Month to date showed numbers further in the red with Transactions now off 4.4% and revenue down 1.1%.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.

March 27th, 2020

Categories
News Numbers

Daily Industry Data Update 3/26/20

20.6%

Revenue

24.6%

Transactions

5.3%

ATC

22.5%

New clients

Summary: Thursday resulted in further declines across the board. Transactions we down 24.6% resulting in Revenue being down 20.6%, and New Clients hitting lowest negative growth rates for daily reporting. Month to date stats continues to be driven downwards across the board from recent daily activity.

iVET360 data source: 715 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Tuesday to Tuesday comparison). Month to date stats is based on calendar month over last year.