Tabellab
Industry Finance Intermediate

Veterinary Practice Economics: Appointments, Average Transaction & Pharmacy Margin

Run the numbers of a small-animal practice in a live grid: active clients and patients, visits per patient, average transaction charge, vet productivity, pharmacy and food margins, wellness plans, staff cost and break-even, every cell checked as you go.

8 lessons 8 labs 1.9 h Certificate

The first lesson is free โ€” no account needed.

About this course

A veterinary practice economics course that runs the numbers of one fictional small-animal practice in a spreadsheet, for practice owners and managers, vets and nurses moving into management and veterinary business students. You flag active and lapsed clients with EDATE and count the active patients, calculate visits per patient and what the gap to a target is worth, find the average transaction charge by service type and for the practice, compare vets and nurses on revenue per FTE and appointments per hour, set pharmacy and food prices from margin and markup, compare a monthly wellness plan with pay-as-you-go care, measure staff cost as a share of revenue and the utilisation of the appointment book, and build a six-month P&L with the break-even number of transactions and a chart. Business math only, not veterinary or clinical advice. Illustrative numbers. The first lab is free.

Lessons

  1. Active Clients & Active Patients from the Client RecordsLab13 minFree
  2. Visits per Patient per Year and the Revenue GapLab13 min Pro
  3. Average Transaction Charge (ATC) by Service TypeLab14 min Pro
  4. Vet & Nurse Productivity: Revenue per FTE and Appointments per HourLab14 min Pro
  5. Pharmacy & Food Sales: Margin, Markup and Target PricesLab15 min Pro
  6. Wellness Plans: Monthly Plan vs Pay-as-You-GoLab15 min Pro
  7. Staff Cost % of Revenue and Appointment Book UtilisationLab14 min Pro
  8. Practice P&L, Break-even Transactions and Margin of Safety (with a Chart)Lab17 min Pro