Optimizing Veterinary Practice Economics: The Impact of Mid-Level Practitioners on Revenue, Profitability, and Workforce Efficiency

Authors

  • David M. Smith Pepperdine University image/svg+xml
  • James W. Lloyd Animal Health Economics, LLC
  • Donna L. Harris Michigan State University image/svg+xml

DOI:

https://doi.org/10.33423/jabe.v27i5.7834

Keywords:

business, economics, healthcare economics, labor shortage, productivity, workforce optimization

Abstract

This study examines the economic effects of integrating Veterinary Professional Associates (VPAs), a mid-level practitioner role, into companion animal veterinary practices. In the context of a veterinarian shortage, we investigate how VPAs can boost efficiency, productivity, and financial performance. Using a mixed-methods approach, combining over 40 interviews with a partial budget model, we estimated the impact of adding one full-time VPA to a 3.5-veterinarian practice. Our model projects an annual revenue increase of $566,500 and a net profit increase of $177,850. These gains result from optimizing labor by shifting routine tasks to VPAs and allowing veterinarians to focus on higher-value activities. The study provides empirical evidence for the economic benefits of introducing mid-level practitioners in veterinary healthcare, offering insights into workforce optimization in labor-constrained markets.

References

Downloads

Published

2025-09-21

Issue

Section

Articles

How to Cite

Optimizing Veterinary Practice Economics: The Impact of Mid-Level Practitioners on Revenue, Profitability, and Workforce Efficiency. (2025). Journal of Applied Business and Economics, 27(5). https://doi.org/10.33423/jabe.v27i5.7834