March 23rd, 2020

Categories
News Numbers

Weekend Industry Data Update 3/21-22/20

9.5%

Revenue

16.3%

Transactions

2.4%

ATC

15.7%

New clients

Summary: Weekend data was the poorest performing to same days last year for the month of March, Transactions took a precipitous drop while ATC increased, with new client growth continuing to struggle. Month to date Revenue and Transactions are now showing slower than the prior year due to recent sluggish performance.

iVET360 data source: 706 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 21st, 2020

Categories
News Numbers

Daily Industry Data Update 3/20/20

6.8%

Revenue

8.5%

Transactions

2.0%

ATC

19.9%

New clients

Summary: Friday data was the weakest of the workweek with Transactions taking a tumble. Month to date Revenue and Transactions are still positive although slowing as the months progresses.

iVET360 data source: 706 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 20th, 2020

Categories
News Numbers

Daily Industry Data Update 3/19/20

1.8%

Revenue

4.2%

Transactions

2.4%

ATC

17%

New clients

Summary: Thursday presented similar numbers as of Tuesday, revenue, and transactions down, with ATC up. New clients down by 17%. Month to date stats continues to be suppressed by recent daily numbers coming in.

iVET360 data source: 705 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 19th, 2020

Categories
News Numbers

Daily Industry Data Update 3/18/20

↓ 2%

Revenue

↓ 3%

Transactions

↑ .5%

ATC

↓ 17%

New clients

Summary: The negative growth seems to be slowing as the week continues. Transactions took a stronger position than yesterday, with less dramatic increases in ATC compared to yesterday. New clients continue to struggle with back to back days of negative 15% or more growth. Month to date for March is continuing to stay positive although the growth is slowing by the day.

iVET360 data source: 705 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 18th, 2020

Categories
News Numbers

Daily Industry Data Update 3/17/20

↓ 9%

Revenue

↓ 7%

Transactions

↓ 2%

ATC

↓ 20%

New clients

Summary: Daily stats are continuing to show the effects of coronavirus and demonstrating the weakest new client growth we’ve seen in a few months and Transactions taking a strong move negatively compared to Monday. Month to date March stats is still showing relatively strong overall growth over last March with over 8% revenue growth with roughly 4% growth in Transactions and ATC, while new clients are showing negative growth at 5.4%.

iVET360 data source: 705 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 17th, 2020

Categories
News Numbers

Daily Industry Data Update 3/16/20

↓ 1%

Revenue

↑ 2%

Transactions

↓ 3%

ATC

↓ 14%

New clients

Summary: Daily stats are showing slight signs of slowing where the biggest impact is in new clients. Transactions are maintaining positive while ATC is taking a pretty large impact negatively. Month to date stats are still holding strong over the prior year with positive revenue growth at 2.8% driven in large part by ATC being up overall. Daily stats suggest ATC will start to be impacted on the month if trends continue.

iVET360 data source: 703 hospitals across all 50 states. Ave hospital size $2 million. Daily stats are compared to the same weekday last year (ie. Monday to Monday comparison). Month to date stats is based on calendar month over last year.