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.