Each fiscal quarter, CVP Member Network hospitals share their financial results with us. We ask them to do this so we can compile a benchmarking report. This report enables us to see how the CVP Member Network hospitals are doing in relation to their peers. These results are also a great way to see how your veterinary hospital is performing in relation to other practices.
In the second quarter of 2015, our Member Network hospitals continued to show positive revenue growth over Q2 in 2014. Of the 29 hospitals in our Member Network, 25 or 86% reported growth in 2015 over 2014! The average change in revenue that was reported was 8% extending above average growth patterns for a second consecutive reporting period.