Gain Exclusive Access to Independent Veterinary Practice Performance Data
VMG helps you and your hospital thrive by harnessing the power of many.
“VMG is my GPS.”
“Before VMG, I concentrated really hard on the inside of my animal hospital and making it the best animal hospital I could. But it was like being a race car driver on a racetrack with no one else there.”
See how your hospital finances measure up
When you’re on your own, it can be difficult to glean how your hospital is performing financially, especially when you have nothing to compare it to and limited operational visibility.
When you’re with VMG, you have exclusive access to practice performance data to help you compare analytics and make more effective, data-based management decisions. You can also take a deeper dive into different areas of hospital performance with our financial dashboards and reporting.
Access performance reports and benchmarks
Understand your practice’s performance against a global reporting network that includes all VMG members who report as well as your performance numbers within your group and the top 20% most profitable practices within VMG.
The individual member report
The individual member’s VMG group average
Aggregated global data of all reporting VMG members
The global top 20% most profitable VMG members
Dive deeper into your metrics
VMG DATALINK is a comprehensive data management and reporting tool used within the VMG network.
It is designed to help veterinary practices track, analyze, and benchmark their financial and operational performance. Here are some key aspects of VMG DATALINK:
Practice Analytics
With 14 parameters, including revenue per transaction, salaries paid to support staff, practice financials, and EBIDTA, DATALINK allows veterinary practices to input their revenue and expense data, which is then audited and compiled into detailed reports. These reports provide insights into key performance indicators (KPIs) and benchmarks, enabling practices to compare their performance against other VMG members.
Benchmarking
The tool provides quarterly and annual benchmarking reports, showing how individual practices compare to the top-performing practices within the VMG network. This helps practices identify areas for improvement and adopt best practices.
Custom Reports
Practices can generate custom reports to gain deeper insights into specific areas of their operations. These reports can help in making informed business decisions, such as staffing, pricing, and service offerings.
Operational Efficiency
By using VMG DATALINK, practices can streamline their financial reporting processes and reduce the time spent on manual data entry and analysis. This efficiency allows practice managers to focus more on strategic planning and patient care.
Support and Training
VMG provides support and training to ensure that members can effectively use DATALINK to its full potential. This includes regular updates and improvements to the tool based on user feedback and changing industry needs.
Optimize Profitability
VMG DATALINK is a valuable resource for veterinary practices looking to enhance their financial performance and operational efficiency through data-driven decision-making.
Understand and trust the numbers
All VMG members use the same Chart of Accounts (COA) to submit their data points to VMG DATALINK™ , creating continuity across categories. That way, you know you’re comparing apples to apples when benchmarking your practice. Plus, all submissions are reviewed for accuracy by a team of veterinary-specific CPAs, so you can run the numbers with the utmost confidence.
Build Your Best Practice. Focus on What Matters.
How do you maintain your independence? By joining together. We would be thrilled to have you explore membership with VMG.