• Results of regression analysis suggested that the typical veterinarian's gross income increased by $93,311 for each additional credentialed veterinarian technician per veterinarian in the practice.
In early April 2008, the 2008 AVMA Biennial Economic Survey of US veterinarians was distributed to a random sample of veterinarians in all work categories in the United States. Veterinarians who owned private practices were asked to complete the section of the survey regarding business income and operations. Among data gathered was information regarding the number of employees and positions within the practice in 2007, including veterinarians (owners and associates), veterinary technicians (credentialed [licensed, registered, or certified] and noncredentialed), veterinary assistants, and all other staff.
Collected data were analyzed to determine whether a relationship existed between veterinary practice revenue and characteristics of veterinary technicians, including education level and qualifications. Specifically, an ordinary least squares regression model was used to evaluate the relationship between gross revenue of private veterinary practices and the number of veterinary technicians employed per veterinarian. Only data from respondents that provided information on gross practice revenue, number of full-time–equivalent veterinarians, and number of full-time–equivalent credentialed technicians and noncredentialed technicians were included in the analysis. In addition, only data from practices that had been in business for > 1 year and that were considered full-time practices were included. The 2009 edition of the AVMA Report on Veterinary Practice Business Measures1 provides a more detailed analysis of the financial portion of the survey.