Fountain Report Excerpts
See below for curated highlights from the most recent additions to the Fountain Report.
The Fountain Report is a weekly subscription service provided by Antelligence. Its comprehensive in-depth news and quantitative data have been guiding decision making for executives in the business of animal health since 2002.
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The number of first-year veterinary students enrolled for the 2022-23 school year at U.S. veterinary colleges exceeded 4,000 for the first time, according to data from the American Association of Veterinary Medical Colleges. From 2012-23, the number of first-year students at U.S. veterinary colleges increased an average of 2.7% per year, or by a total [...]
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Legislation that would help increase rural access to veterinary care has been reintroduced into both chambers of Congress. Formerly known as the VMLRP Enhancement Act, the bipartisan Rural Veterinary Workforce Act would help attract more veterinarians into rural areas by expanding the reach of the Veterinary Medicine Loan Repayment Program. The VMLRP places food animal [...]
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There has been ongoing debate regarding the existence of a veterinary shortage in the animal health care industry. In the latest Fountain Report, policy expert Mark Cushing highlights a new study on workforce numbers by veterinarian and economist James Lloyd.Based on his research, Lloyd estimates about 97,308 veterinarians were needed to meet the U.S. demand [...]
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The Texas Tech School of Veterinary Medicine is preparing to launch students’ clinical year next May. Its inaugural class is now in the third year of the four-year program. The structure of the year is distinct from what other institutions employ, according to school dean Dr. Guy Loneragan, who said a key element is the [...]
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Chewy reported second quarter net sales of $2.78 billion, up 14.3%. Net income of $18.9 million was down 15%. Adjusted net income of $63.3 million was up 2%. Adjusted basic and diluted earnings per share of 15 cents were flat. “Chewy once again gained share as our customers recognize the power of our personalized Autoship [...]
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