{"id":"SEC-26-007","kind":"order","level":"sector-regulator","jurisdiction":"United States (trade association; context)","state":"","metro":"","industry":"26","agency":"","eco":"","issuer":"American Veterinary Medical Association (Veterinary Economics Division)","authority":"None (survey data; facts and circumstances)","instrument":"AVMA, COVID-19 impact on veterinary practices (April 2020 survey of practice owners; web page as captured June 2, 2020)","title":"COVID-19 impact on veterinary practices","dateIssued":"2020-06-02","effective":"n/a","end":"n/a","startDate":"2020-06-02","endDate":"","quarters":[],"types":["OTHER"],"addressees":["veterinary practice owners"],"clause":"The AVMA conducted a large survey of practice owners in April 2020... over 2,000 responses... the most common approach has been asking clients to wait in vehicles during animal exam and treatment (curbside care).... Over 30% of veterinary practices are using telemedicine, and close to 20% of practices were only seeing emergency-related cases at the time of the survey.... Over 25% of practices have asked staff to sanitize and reuse PPE, while 20% have asked staff to limit the use of PPE beyond state requirements wherever possible to mitigate shortages.... Nearly every practice reported a decline in revenue accompanied by a shortfall in cash/income necessary to accommodate practice operation. The average monthly cash shortfall across practices was $17,000 in April and was projected to increase to $23,000 in May.... About half of all responding veterinary practices had seen client visits drop by 50% or less. Only about 5% of practices had stopped seeing clients completely.... Over 75% of practices reported their clients had started buying pet food or medication online.","enforcement":"n/a","functions":["CL","EM","RT","SC","OP","CB (facts and circumstances)"],"notes":"The industry-wide measure of the compelled operating changes and the suspension\u0027s effect in April-May 2020; use for the typical-employer Part, never for any client\u0027s figures.","sourceUrl":"https://web.archive.org/web/20200602033708/https://www.avma.org/resources-tools/animal-health-and-welfare/covid-19/covid-19-impact-veterinary-practices","snapshot":"https://web.archive.org/web/20200602033708/https://www.avma.org/resources-tools/animal-health-and-welfare/covid-19/covid-19-impact-veterinary-practices","fileExists":true,"fileBytes":750927,"grade":"secondary","character":"","description":"","collection":"SEC-26","url":"/library/SEC-26-007","exhibitUrl":"/exhibit/SEC-26-007","citation":"American Veterinary Medical Association (Veterinary Economics Division), AVMA, COVID-19 impact on veterinary practices (April 2020 survey of practice owners; web page as captured June 2, 2020) (Ex. SEC-26-007)","stateName":"","related":[]}