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.