Join us at the AVMA Economic Summit

Are you a veterinary practice owner interested in learning how veterinary markets influence everyday business decisions and intelligence? Are you someone who wants a greater understanding of the markets for veterinary education, veterinarians and veterinary services? Are you a veterinary business leader who’d like the latest data on compensation, supply and demand, and price and income for veterinary services?

If you answered “yes” to any of the above, then you should attend the Second Annual AVMA Economic Summit being held Oct. 28, 2014, in Chicago. Join us to explore how the markets affect you, how you affect the markets and how you can use information to succeed. Seating is limited, so we encourage you to register for the event today.

6 thoughts on “Join us at the AVMA Economic Summit

  1. This clearly shows some confirmation bias and a lack of talking to people and groups who are not part of the AVMA/COE/American Association of Veterinary Medical Colleges groupthink.

    AVMA Policy Expert Michael Dicks Delivers Keynote Address
    Business Wire Ross University School of Veterinary Medicine
    June 16, 2014 5:00 AM


    Ross University School of Veterinary Medicine (RUSVM) conferred Doctor of Veterinary Medicine degrees on more than 300 graduates on Friday, June 13, at its 48th commencement ceremony, held at the BankUnited Center in Coral Gables, Florida.

    Dr. Michael Dicks, director of veterinary economics at the American Veterinary Medical Association, delivered the keynote address. Over the last three decades, Dr. Dicks has been instrumental in developing food and farm policy in the United States, as well as in Eastern Europe, Africa, the Middle East and the Caribbean.

    “The opportunities open to you in this rapidly changing and increasingly competitive world dwarf what was available only a few decades ago. Major trends such as global climate change, globalization, increased mobility of labor, and increased need for animal protein, have created enormous opportunities for you,” Dicks said in his address. “You may well be, and I have good reason to believe that you are, the most prepared and knowledgeable class of veterinary professionals yet produced. This is great news because the preparation and knowledge needed is greater today than in the past.”

    Dr. Elaine Watson, RUSVM dean, encouraged the graduates to explore the many opportunities available to them in veterinary medicine and understand the importance of human dependence on animals.

    “The future of veterinary medicine will involve collaborations among healthcare providers worldwide, addressing global healthcare issues and the connection of animal and human health,” Watson said. “Your educational experience at Ross has helped sharpen your sense of discovery and has prepared you to play a role in the future of veterinary medicine. As new graduates, you have a new and fresh perspective with which to view the world.”

    The RUSVM graduating Class of 2014 represents 45 U.S. states, three Canadian provinces and five other countries. Since its founding in 1982, RUSVM has graduated more than 3,500 veterinarians.

    About Ross University School of Veterinary Medicine

    Ross University School of Veterinary Medicine (RUSVM), founded in 1982, is committed to preparing students to become members and leaders of the worldwide public and professional healthcare team and to advancing human and animal health (One Health Initiative) through research and knowledge exchange.

    RUSVM offers postgraduate masters’, Ph.D. and Doctor of Veterinary Medicine (DVM) programs accredited by the St. Christopher & Nevis Accreditation Board ( The DVM program holds accredited status from the American Veterinary Medical Association ( The RUSVM Veterinary Clinic is accredited by the American Animal Hospital Association (

    RUSVM is a part of DeVry Education Group (DV). For more information about RUSVM, visit

    © 2014 Global Education International. All rights reserved

    Ross University School of Veterinary Medicine
    Jodi Peeler, 732-898-0149

    Again, Mike I do not see how anyone who supposedly understands economics can ignore the information overload that has occurred in veterinary education over the past few decades and still believe that same old four year curriculum is even sufficient to produce an employable graduate. More and more students seek internships to gain needed experience that is bot being provided in the tertiary care/research institutes. The veterinary schools have thwarted change in the curriculum for decades to deal with this issue. They think you just need additional years of schooling and additional loans which just drive up the cost of the education(to the graduate and the customers) and the earnings required to pay it off. Remember Adam Smith starts off the WEALTH OF NATIONS (1776) with “The greatest improvement in the productive power of labour, and the greater power of the skill, dexterity, and judgement with which it is any where directed, or applied, seem to have been the effects of the division of labor” . It definitely is applied well in clinical medicine, especially in academia where specialization is a requirement to be employed? Who are the non-veterinary employers who are going to pick a veterinarian to do a non clinical job over someone who has increased depth of knowledge in their area of need? This was addressed in the KPMG study though interviews with potential non clinical employers who were asked simple questions of why they would hire or not hire a veterinarian Have you not even spoken to the American Association of Bovine Practitioners who disagree with the “perceived” shortage in food animal medicine cooked up by veterinary academics? This is what I call “shoe leather” economics that keeps “blackboard economics” grounded in reality. Have you read any of the previous mega studies suggestions and checked if they were actually put into action? Food animal health technicians and group food animal practices were suggested as far back as 1972 National Academy of Sciences study NEW HORIZONS FOR VETERINARY MEDICINE chaired by Luther Terry MD, who told us smoking was bad for our health. You clearly are trapped in a groupthink environment and will not even leave your office to talk to others who have information that is not and cannot be factored into any mathematical modeling programs.

    • Isn’t it great that those who are not footing the bill on a 200,000+ anvil of educational debt are so quick to point to the great new opportunities for veterinary graduates.

      Well, where in the hell are these opportunities and do they actually equate into JOBS that pay a living wage?

  2. Dr. Nix, not sure how you got from A to B. The purpose of the Summit is to inform the profession of the research efforts of AVMA’s Veterinary Economic division as they pertain to the market for veterinary education, the market for veterinarians and the market for veterinary services. We will also be providing an update of the workforce model results. This information will provide a deeper understanding of the supply and demand relationships in each of the markets and instruct the profession as to where the markets are headed. There will be a great deal of data and analysis describing not only what is happening in the markets but why it is happening.

    Imagine you were the first veterinarian ever to see a dog and were told the animal wasn’t well. Without any benchmarks on respiration, heart rate, pulse, blood cell counts, etc what would you do to figure out what was wrong with the dog? My patient is the veterinary markets and the owners (veterinarians) have told me the patient is sick. So I am trying to establish some baselines from historical patterns to compare to what we have today and determine what factors caused this departure if it exists. WE are presenting our findings openly to insure that we haven’t missed something important or made an assumption that isn’t supportable. This is where you come in.

    Before you suggest that we arrogant “leaders” who refuse to learn from others” are going to be putting on an indoctrination session (and I never said it was a forum) perhaps you should take the time to come and listen and provide your input. It would seem in a science based discipline, to expect that the evidence be reviewed before a decision about it is made would be a normal expectation.

    • Mike, you just do not get the reference to the concept of ” normalization of deviance” in decision making in complex issues and the real world examples. You need to read more..

      I recommend THE LOGIC OF FAILURE, RECOGNIZING AND AVOIDING ERROR IN COMPLEX SITUATIONS by Dietrich Dorner, you might learn something about cognitive traps , cognitive biases and the errors that are even made by experts.

  3. CORRECTION ; the astronaut’s name is Mike Mullane who addressed the leadership conference

  4. From the Veritas DVM blog;
    Mike Dicks says:
    August 15, 2014 at 12:07 pm
    I so enjoy reading your thought provoking columns. Todays column had a question that I just couldn’t pass up.

    How can Congress and the health care business be so incomprehensibly ignorant about the value of animals to human health as well as the threat via zoonotic disease so as not to include the word veterinarian even once in the weighty 2,700-plus pages of the Affordable Care Act?

    The answer is simple. Congress and the health care business has not been informed. The need for veterinary services greatly exceeds the demand and the if the veterinary profession wishes to turn the need into demand it will have to make a case for it, in dollars.

    How can it do this, as you point out the profession must stop devoting resources to the “squabble over the mismatch in supply and demand” and begin to strategically direct those resources towards efforts to enhance demand.

    Thanks again for your thought provoking writings.

    Now does anyone think this will be more an economic indoctrination session than a real forum. History repeats ourselves as the AVMA ” experts ” always refuse to believe any outside information that conflicts with ” their version from their experts” . We have had good outside , objective studies from KPMG and the National Academies of Science study just completed in 2012. Yet, the AVMA has continued to not heed wise outside counsel ! As the wise physicist Richard Feynman ( he who showed that the O- ring caused the space shuttle Challenger explosion) said in regards to scientific integrity , “Do not fool yourself and remember you are the easiest person to fool.”

    I have come to see the AVMA as like NASA, full of arrogant ” leaders ” who refuse to learn from others who they consider less knowledgeable and intelligent . This was part of the organizational pathology noted in the Challenger investigation ; yet 17 years later the same pathology in the organization refused to adequately assess and recognize the risk from a known and repetitive problem of foam strikes to the safety of the Columbia. Look where NASA is now!
    The AVMA even had Astronaut Mike Malloy speak about some of these topics in the first Leadership Conference!

    The best hope for this profession is to be rid of the AVMA. I urge everyone to stop sending in their dues or just send in what you think it is worth now to you along with a polite explanation, heck maybe an itemization of what certain programs are worth to you! Everyday in practices across this country we have to deal with the marketplace realities of prices, supply, demand and competition. We are customers ourselves as well as we must respond to customer demands in an open, competitive marketplace. Let the AVMA be subjected to this same disciplining effects of its customers in the marketplace !

    Robert J. Nix DVM