Unlocking Profit Potential: How to Calculate EBITDA and Use it to Power Your Practice

By VetRx Solutions | 09/27/2024
A graphic of various items including a calculator, money and a dog.

Unlocking Profit Potential: How to Calculate EBITDA and Use it to Power Your Practice EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key financial metric used to evaluate the profitability of a veterinary practice. It essentially shows how much profit a practice generates from its core operations, excluding expenses related to financing,…

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How Does Your Practice’s ATC Compare?

By VetRx Solutions | 09/27/2024
A group of people in front of a waiting room.

Tracking the Average Transaction Charge (ATC also known as ACT) is key to understanding how your veterinary practice stacks up against others both nationwide and in your region. According to iVet360’s 2024 Veterinary Industry Benchmark Report, ATC rose nationally by 7.6% from 2021 to 2022 and by 8.3% from 2022 to 2023. The West had…

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