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

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.

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Publication Details

Journal
Journal of Applied Business and Economics
Published
2025-09-21
DOI
https://doi.org/10.33423/jabe.v27i5.7834
Primary Topic
Veterinary Practice and Education Studies
Type
article
Field-Weighted Citation Impact
0.00

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article

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

James W. Lloyd, Donna K. Harris, David M. Smith
Journal of Applied Business and Economics
Veterinary Practice and Education Studies
article

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

James W. Lloyd, Donna K. Harris, David M. Smith
article en

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.

Journal of Applied Business and EconomicsVol. 27(5)
Pepperdine University (US), Department of Animal Health (VN), United Animal Health (United States) (US), Michigan State University (US)
Lincoln Memorial University
Openalex Percentile: Top 65%
Veterinary Practice and Education Studies
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Optimizing Veterinary Practice Economics: The Impact of Mid-Level Practitioners on Revenue, Profitability, and Workforce Efficiency — James W. Lloyd, Donna K. Harris, et al. · Journal of Applied Business and Economics (2025) | TGRS Research Map | TGRS