Veterinary hospital industry standards to consider
- A practice should have 25 to 30 clients monthly per full-time equivalent (FTE) veterinarian.
- The active client base per FTE doctor should be 1200 to 1400.
- The number of hospital invoices produced per FTE veterinarian should range from 5000 to 5500
- Occupancy costs should be 6% to 8% of gross revenue.
- Monthly rent should be equivalent to 10% of the fair market value of the property.