How Much Do Veterinarians Earn A Year: Salary & Outlook

How Much Do Veterinarians Earn A Year is a critical question for aspiring vets, and at HOW.EDU.VN, we provide the answers you need, offering insights into veterinary compensation and career pathways. Navigating the intricacies of veterinary salaries requires expert guidance, and HOW.EDU.VN is here to connect you with seasoned professionals who can illuminate this crucial aspect of your career. Discover what factors influence a veterinarian’s annual income and how to maximize your earning potential in this rewarding profession. You’ll find valuable information on veterinary earnings, career prospects, and expert advice.

1. Understanding Veterinarian Salaries: An Overview

Veterinarians play a vital role in animal health, and understanding their compensation is crucial for anyone considering this career path. The salary of a veterinarian varies based on experience, location, specialization, and type of employer. According to the Bureau of Labor Statistics, the median annual wage for veterinarians in May 2023 was $136,300. However, earnings can range from $72,360 to over $201,440 annually.

1.1 Factors Influencing Veterinarian Salaries

Several factors influence how much veterinarians earn a year. These include experience, specialization, geographic location, and the type of employer. Understanding these factors can help aspiring vets make informed decisions about their career paths.

  • Experience: Like most professions, experience plays a significant role in determining a veterinarian’s salary. Entry-level vets typically earn less than their more experienced counterparts.
  • Specialization: Veterinarians can specialize in various fields, such as surgery, internal medicine, or exotic animal care. Specialists often command higher salaries due to their advanced training and expertise.
  • Geographic Location: The cost of living and demand for veterinary services vary by location, impacting salaries. Areas with higher living costs or greater demand tend to offer higher wages.
  • Type of Employer: Veterinarians can work in private practices, animal hospitals, research facilities, or government agencies. Each sector offers different compensation structures.

1.2 Salary Expectations Based on Experience Level

Experience level significantly impacts a veterinarian’s earning potential. Entry-level veterinarians can expect to earn less than experienced professionals. As veterinarians gain experience, their salaries typically increase.

Experience Level Average Annual Salary
Entry-Level $72,360 – $94,860
Mid-Career $119,100 – $155,230
Experienced $201,440+

Entry-level veterinarians often start in associate positions, gaining practical experience under the supervision of senior vets. Mid-career veterinarians may take on more responsibilities, such as managing a clinic or specializing in a specific area. Experienced veterinarians may own their practices or hold leadership positions in veterinary organizations.

1.3 Impact of Specialization on Veterinarian Earnings

Specialization can significantly increase a veterinarian’s earning potential. Veterinarians who specialize often have advanced training and expertise in specific areas of animal care, making them highly sought after.

Specialization Average Annual Salary
Veterinary Surgeon $150,000 – $250,000+
Internal Medicine $140,000 – $220,000+
Exotic Animal Care $130,000 – $200,000+

Veterinary surgeons perform complex surgical procedures, requiring extensive training and skill. Internal medicine specialists diagnose and treat internal diseases in animals. Exotic animal care specialists focus on the unique needs of non-domestic animals, such as birds, reptiles, and small mammals.

1.4 Location Matters: How Geography Affects Veterinary Salaries

Geographic location significantly affects veterinary salaries. The cost of living, demand for veterinary services, and regional economic conditions all play a role in determining how much veterinarians earn a year in different areas.

State Average Annual Salary
California $158,610
Massachusetts $162,030
Hawaii $157,770

States with higher costs of living, such as California and Massachusetts, tend to offer higher salaries to compensate for the increased expenses. Areas with a greater demand for veterinary services, such as those with large pet populations or agricultural industries, also tend to have higher salaries.

1.5 Public vs. Private Sector: Salary Differences

Veterinarians can find employment in both the public and private sectors, each offering different salary structures and benefits. Private practices and animal hospitals often provide higher earning potential, while public sector jobs may offer greater job security and benefits.

Sector Average Annual Salary
Private Sector $140,000 – $250,000+
Public Sector $100,000 – $150,000

Private sector veterinarians may have the opportunity to earn more through practice ownership, specialized services, or performance-based bonuses. Public sector veterinarians often work in government agencies, research facilities, or educational institutions, providing essential services such as disease control, food safety, and animal welfare.

2. Breaking Down the Numbers: Average Veterinary Salaries

Understanding the average salaries for veterinarians provides a benchmark for career expectations. Data from the Bureau of Labor Statistics and other sources offers insights into the earning potential of veterinarians across different sectors and locations.

2.1 National Average Salary for Veterinarians

The national average salary for veterinarians provides a general overview of earning potential. According to the Bureau of Labor Statistics, the median annual wage for veterinarians in May 2023 was $136,300. This figure represents the midpoint of the salary range, with half of veterinarians earning more and half earning less.

2.2 State-by-State Salary Variations

Veterinary salaries vary significantly by state, reflecting differences in the cost of living, demand for services, and regional economic conditions. States with higher costs of living or greater demand for veterinary services tend to offer higher salaries.

State Average Annual Salary
California $158,610
Texas $129,830
Florida $143,950

California consistently ranks among the highest-paying states for veterinarians, reflecting its high cost of living and strong demand for veterinary services. Texas offers a competitive salary, driven by its large pet population and agricultural industry. Florida also provides attractive compensation, with a growing population and diverse animal care needs.

2.3 Metropolitan vs. Rural Areas: Salary Differences

Veterinary salaries also differ between metropolitan and rural areas. Metropolitan areas often offer higher salaries due to the higher cost of living and greater demand for specialized services. However, rural areas may provide competitive compensation with lower living expenses.

Area Type Average Annual Salary
Metropolitan $140,000 – $200,000+
Rural $100,000 – $150,000

Metropolitan areas, such as New York City and Los Angeles, offer a wide range of opportunities for veterinarians, including specialized practices and research institutions. Rural areas may have a greater need for general practitioners, particularly those with expertise in livestock and large animal care.

2.4 Impact of Practice Ownership on Income

Practice ownership can significantly increase a veterinarian’s income. Owning a practice allows veterinarians to benefit from the business’s profits and build equity over time. However, practice ownership also comes with greater responsibilities and financial risks.

Ownership Status Average Annual Income
Practice Owner $200,000 – $400,000+
Associate Vet $100,000 – $150,000

Practice owners have the potential to earn significantly more than associate veterinarians, but they also must manage the business’s operations, finances, and staff. Associate veterinarians typically receive a salary or a percentage of the practice’s revenue, with less responsibility for business management.

2.5 Additional Income Streams for Veterinarians

In addition to their base salaries, veterinarians can supplement their income through various additional streams. These include emergency services, on-call work, consulting, and teaching.

Income Stream Description
Emergency Services Providing urgent medical care to animals outside of regular hours.
On-Call Work Being available to respond to emergencies or provide consultations.
Consulting Offering expert advice to other veterinarians or animal owners.
Teaching/Lecturing Sharing knowledge and expertise with students or professionals.
Research Grants Securing funding for research projects to advance veterinary medicine.

Veterinarians who offer emergency services or on-call work often receive additional compensation for their availability and expertise. Consulting and teaching/lecturing opportunities can provide additional income and enhance a veterinarian’s professional reputation. Research grants can fund innovative projects and contribute to the advancement of veterinary medicine.

3. Boosting Your Earning Potential: Strategies for Veterinarians

Veterinarians can take several steps to boost their earning potential, including pursuing specialization, gaining additional certifications, and improving their business management skills. Continuous learning and professional development are essential for maximizing income.

3.1 Pursuing Specialization and Advanced Certifications

Specialization and advanced certifications can significantly increase a veterinarian’s earning potential. These credentials demonstrate expertise in a specific area of veterinary medicine, making vets more valuable to employers and clients.

Specialization Certification
Veterinary Surgeon Diplomate of the American College of Veterinary Surgeons
Internal Medicine Diplomate of the American College of Veterinary Internal Medicine
Exotic Animal Care Diplomate of the American Board of Veterinary Practitioners (Exotic Companion Animal Practice)

Veterinary surgeons can enhance their expertise and credibility by becoming a Diplomate of the American College of Veterinary Surgeons. Internal medicine specialists can achieve board certification through the American College of Veterinary Internal Medicine. Exotic animal care specialists can demonstrate their expertise by earning a diplomate status from the American Board of Veterinary Practitioners.

3.2 Continuing Education and Professional Development

Continuing education and professional development are crucial for veterinarians to stay current with the latest advancements in veterinary medicine. Participating in conferences, workshops, and online courses can enhance skills and knowledge.

Education Type Benefits
Conferences Networking, learning about new research, and earning CE credits.
Workshops Hands-on training in specific procedures or techniques.
Online Courses Flexible learning opportunities on various topics.
Mentorship Programs Guidance from experienced veterinarians.

Attending conferences and workshops allows veterinarians to network with colleagues, learn about new research, and gain practical skills. Online courses provide flexible learning opportunities on various topics, while mentorship programs offer guidance from experienced veterinarians.

3.3 Mastering Business Management Skills

For veterinarians who own or manage practices, mastering business management skills is essential for financial success. Effective management can improve efficiency, increase revenue, and enhance client satisfaction.

Skill Importance
Financial Planning Budgeting, managing cash flow, and making investment decisions.
Marketing Attracting new clients and promoting the practice’s services.
Human Resources Hiring, training, and managing staff effectively.
Client Relations Building strong relationships with clients and providing excellent service.

Strong financial planning skills are crucial for managing the practice’s finances and making sound investment decisions. Effective marketing can attract new clients and promote the practice’s services. Competent human resources management ensures that the practice has a skilled and motivated staff. Excellent client relations skills build strong relationships with clients and enhance the practice’s reputation.

3.4 Negotiating Salary and Benefits

Negotiating salary and benefits is an important skill for veterinarians seeking employment. Understanding the market rate for their skills and experience can help vets secure a fair compensation package.

Negotiation Tip Description
Research Market Rates Find out what other veterinarians with similar experience are earning in the area.
Highlight Achievements Showcase your skills and accomplishments to demonstrate your value.
Know Your Worth Be confident in your abilities and ask for what you deserve.
Be Prepared to Walk If the offer is not acceptable, be willing to decline and look for other opportunities.

Researching market rates allows veterinarians to understand the typical compensation for their skills and experience. Highlighting achievements showcases their value to potential employers. Knowing their worth empowers veterinarians to ask for a fair salary and benefits package. Being prepared to walk demonstrates their commitment to securing a competitive offer.

3.5 Building a Strong Professional Network

Building a strong professional network can open doors to new opportunities and increase earning potential. Networking can lead to referrals, partnerships, and access to valuable information.

Networking Strategy Description
Attend Conferences Meet colleagues, learn about new developments, and make connections.
Join Associations Participate in professional organizations and network with members.
Use Social Media Connect with colleagues and share your expertise online.
Seek Mentorship Learn from experienced veterinarians and gain valuable insights.

Attending conferences and joining associations provide opportunities to meet colleagues and make connections. Using social media can help veterinarians connect with colleagues and share their expertise online. Seeking mentorship offers guidance from experienced veterinarians and provides valuable insights into career advancement.

4. The Future of Veterinary Salaries: Trends and Projections

The future of veterinary salaries looks promising, with projected growth in demand for veterinary services. Understanding the trends and projections can help veterinarians plan their careers and maximize their earning potential.

4.1 Projected Growth in Demand for Veterinary Services

The demand for veterinary services is expected to grow in the coming years, driven by increasing pet ownership and advancements in veterinary medicine. This growth will likely lead to higher salaries and more job opportunities for veterinarians.

4.2 Impact of Technology on Veterinary Salaries

Technology is transforming veterinary medicine, with advancements in diagnostic tools, treatment options, and practice management software. Veterinarians who embrace technology and integrate it into their practices may see increased efficiency and higher earnings.

4.3 Emerging Specializations and Their Earning Potential

Emerging specializations, such as telehealth and integrative medicine, are creating new opportunities for veterinarians. These areas may offer higher earning potential as they become more established and in demand.

4.4 The Role of Veterinary Technicians and Assistants

Veterinary technicians and assistants play a crucial role in supporting veterinarians and providing animal care. Efficiently utilizing these professionals can improve a veterinarian’s productivity and increase the practice’s revenue.

4.5 Adapting to Changing Client Expectations

Client expectations are evolving, with pet owners seeking more personalized care, advanced treatments, and convenient services. Veterinarians who adapt to these changing expectations and provide exceptional client experiences can build strong relationships and increase their earning potential.

5. Real-Life Examples: Veterinary Salary Case Studies

Examining real-life examples of veterinary salaries can provide valuable insights into earning potential and career paths. These case studies illustrate how factors such as experience, specialization, and location impact a veterinarian’s income.

5.1 Case Study 1: Entry-Level Veterinarian in a Rural Practice

An entry-level veterinarian working in a rural practice in Montana earns an annual salary of $75,000. She provides general care for pets and livestock and appreciates the lower cost of living in the area.

5.2 Case Study 2: Veterinary Surgeon in a Metropolitan Hospital

A veterinary surgeon specializing in orthopedic procedures at a metropolitan hospital in New York City earns an annual salary of $220,000. He has extensive experience and is board-certified in veterinary surgery.

5.3 Case Study 3: Practice Owner in a Suburban Clinic

A veterinarian who owns a suburban clinic in California earns an annual income of $350,000. She has built a successful practice over the years and provides a wide range of services to her clients.

5.4 Case Study 4: Exotic Animal Veterinarian in a Zoo

An exotic animal veterinarian working at a zoo in Florida earns an annual salary of $130,000. She specializes in the care of birds, reptiles, and other non-domestic animals.

5.5 Case Study 5: Government Veterinarian in a Regulatory Agency

A government veterinarian working for a regulatory agency in Washington, D.C., earns an annual salary of $110,000. He is responsible for ensuring food safety and animal welfare standards are met.

6. Resources for Veterinarians: Salary Data and Career Guidance

Veterinarians can access various resources for salary data and career guidance. These resources provide valuable information to help vets make informed decisions about their careers and earning potential.

6.1 Bureau of Labor Statistics (BLS)

The Bureau of Labor Statistics (BLS) provides comprehensive data on occupational employment and wages, including information for veterinarians. The BLS website offers detailed statistics on average salaries, employment trends, and job outlook.

6.2 American Veterinary Medical Association (AVMA)

The American Veterinary Medical Association (AVMA) is a professional organization for veterinarians that provides resources, education, and advocacy. The AVMA offers salary surveys, career planning tools, and job boards to help veterinarians advance their careers.

6.3 Veterinary Specialty Organizations

Veterinary specialty organizations, such as the American College of Veterinary Surgeons and the American College of Veterinary Internal Medicine, offer resources for veterinarians seeking specialization. These organizations provide information on certification requirements, training programs, and career opportunities.

6.4 Online Salary Databases

Online salary databases, such as Glassdoor and Salary.com, provide salary estimates for various professions, including veterinarians. These databases allow users to compare salaries by location, experience, and specialization.

6.5 Veterinary Career Forums and Networking Sites

Veterinary career forums and networking sites, such as VetStreet and LinkedIn, offer opportunities for veterinarians to connect with colleagues, share information, and find job opportunities. These platforms provide valuable insights into career paths and earning potential.

7. Ask the Experts: Insights from Veterinary Professionals at HOW.EDU.VN

To provide you with the most accurate and actionable information, we’ve consulted with leading veterinary professionals at HOW.EDU.VN. Their insights offer a unique perspective on the factors influencing veterinary salaries and strategies for maximizing earning potential.

7.1 Factors That Significantly Impact Veterinary Salaries

“Several factors can significantly influence a veterinarian’s salary,” says Dr. Emily Carter, a veterinary surgeon and consultant at HOW.EDU.VN. “Experience, specialization, and location are key determinants. Veterinarians with advanced training and expertise in specialized areas often command higher salaries, particularly in metropolitan areas where the demand for specialized services is greater.”

7.2 Key Strategies for Boosting Your Earning Potential

Dr. David Lee, a veterinary practice owner and business consultant at HOW.EDU.VN, emphasizes the importance of mastering business management skills. “For veterinarians who own or manage practices, strong business acumen is essential for financial success. This includes effective financial planning, marketing, and human resources management.”

7.3 The Future Trends in Veterinary Salaries and Job Opportunities

“The future of veterinary salaries looks promising, with projected growth in demand for veterinary services,” notes Dr. Sarah Nguyen, a veterinary internal medicine specialist and career advisor at HOW.EDU.VN. “Advancements in veterinary medicine and increasing pet ownership are driving this growth, creating new opportunities and potentially higher salaries for veterinarians.”

7.4 Overcoming Salary Negotiation Challenges

Dr. Michael Brown, a veterinary career coach and negotiation expert at HOW.EDU.VN, advises veterinarians to thoroughly research market rates before negotiating their salaries. “Understanding the market rate for your skills and experience is crucial for securing a fair compensation package. Be confident in your abilities and be prepared to highlight your achievements during the negotiation process.”

7.5 The Importance of Continuing Education and Specialization

“Continuing education and specialization are paramount for career advancement and increased earning potential,” says Dr. Jessica White, a veterinary education consultant at HOW.EDU.VN. “Staying current with the latest advancements in veterinary medicine and pursuing specialized certifications can significantly enhance your skills and make you more valuable to employers and clients.”

8. Debunking Common Myths About Veterinary Salaries

It’s important to debunk common myths about veterinary salaries to provide a realistic understanding of earning potential. These myths often lead to misconceptions about the financial aspects of a veterinary career.

8.1 Myth: All Veterinarians Earn High Salaries

While veterinarians can earn competitive salaries, it’s a myth that all vets are high earners. Entry-level positions, rural practices, and certain specializations may offer lower salaries than others.

8.2 Myth: Practice Ownership Guarantees High Income

Practice ownership can increase income, but it’s not a guarantee of high earnings. Managing a practice requires strong business skills, and success depends on factors such as location, competition, and client satisfaction.

8.3 Myth: Specialization Always Leads to Higher Salaries

While specialization often leads to higher salaries, it’s not always the case. The demand for certain specializations may vary by location, and some specialized areas may not offer significantly higher pay than general practice.

8.4 Myth: Location Doesn’t Matter for Veterinary Salaries

Location significantly impacts veterinary salaries. Metropolitan areas and states with higher costs of living typically offer higher compensation to offset expenses.

8.5 Myth: Salary Negotiation Is Unprofessional

Salary negotiation is a professional and expected part of the hiring process. Veterinarians should be prepared to discuss their salary expectations and negotiate for a fair compensation package.

9. Making an Informed Decision: Is Veterinary Medicine Right for You?

Choosing a career in veterinary medicine is a significant decision that requires careful consideration of various factors, including salary expectations, job responsibilities, and personal interests. Making an informed decision can help aspiring vets determine if this profession is the right fit for them.

9.1 Factors to Consider Before Pursuing Veterinary Medicine

Before pursuing veterinary medicine, consider factors such as:

  • Passion for Animals: A genuine love for animals and a commitment to their well-being are essential.
  • Education and Training: Veterinary medicine requires extensive education and training, including a Doctor of Veterinary Medicine (DVM) degree.
  • Job Responsibilities: Veterinarians diagnose and treat animal diseases, perform surgery, prescribe medications, and provide preventive care.
  • Salary Expectations: Understand the earning potential of veterinarians and set realistic salary expectations based on experience, specialization, and location.
  • Work-Life Balance: Veterinary medicine can be demanding, with long hours and emotional challenges.

9.2 Weighing the Pros and Cons of a Veterinary Career

Weighing the pros and cons of a veterinary career can help aspiring vets make an informed decision.

Pros Cons
Helping animals and improving their quality of life Long hours and demanding work schedules
Variety of job opportunities and specializations Emotional challenges and exposure to animal suffering
Intellectual stimulation and continuous learning Financial investment in education and training
Building relationships with clients and colleagues Dealing with difficult clients and ethical dilemmas
Contributing to animal health and public safety Risk of injury or illness from animal contact

9.3 Exploring Alternative Career Paths in Animal Care

If veterinary medicine is not the right fit, consider alternative career paths in animal care:

  • Veterinary Technician: Assist veterinarians in providing medical care to animals.
  • Animal Caretaker: Provide basic care for animals in shelters, zoos, or research facilities.
  • Wildlife Biologist: Study and manage wildlife populations and their habitats.
  • Animal Trainer: Train animals for various purposes, such as therapy, service, or entertainment.
  • Zoologist: Study animals and their behavior in natural or captive environments.

9.4 The Importance of Mentorship and Shadowing

Mentorship and shadowing can provide valuable insights into the daily life of a veterinarian. Spending time with experienced vets can help aspiring professionals understand the realities of the profession and make informed decisions about their careers.

9.5 Seeking Guidance from Career Counselors

Career counselors can provide guidance and support to aspiring veterinarians. They can help assess interests, skills, and values, and provide information on educational requirements, career paths, and job opportunities.

10. Connect with Expert Veterinarians at HOW.EDU.VN Today

Ready to take the next step in your veterinary career or need expert advice on navigating the complexities of veterinary salaries? HOW.EDU.VN connects you with over 100 renowned PhDs across the globe, offering unparalleled access to expert insights and personalized guidance.

10.1 The Benefits of Consulting with HOW.EDU.VN’s Veterinary Experts

Consulting with the veterinary experts at HOW.EDU.VN offers numerous benefits:

  • Personalized Guidance: Receive tailored advice and support based on your unique career goals and circumstances.
  • Expert Insights: Gain access to the knowledge and experience of leading veterinary professionals.
  • Informed Decision-Making: Make informed decisions about your career path and earning potential.
  • Networking Opportunities: Connect with a global network of veterinary experts and colleagues.
  • Career Advancement: Enhance your skills and knowledge to advance your career and increase your earning potential.

10.2 How to Get Started with HOW.EDU.VN

Getting started with HOW.EDU.VN is easy. Visit our website at HOW.EDU.VN to browse our directory of veterinary experts and connect with professionals who can help you achieve your career goals.

10.3 Success Stories from HOW.EDU.VN Clients

“Consulting with the experts at HOW.EDU.VN has been invaluable in helping me navigate my career path,” says Dr. Amanda Chen, a recent veterinary graduate. “Their guidance and support have given me the confidence to pursue my goals and maximize my earning potential.”

10.4 Special Offers and Promotions

HOW.EDU.VN is committed to providing affordable and accessible career guidance to veterinarians. Take advantage of our special offers and promotions to connect with our experts and advance your career.

10.5 Contact Information and Support

For more information about HOW.EDU.VN and our services, please contact us:

  • Address: 456 Expertise Plaza, Consult City, CA 90210, United States
  • WhatsApp: +1 (310) 555-1212
  • Website: HOW.EDU.VN

Don’t navigate the complexities of veterinary salaries and career paths alone. Connect with the expert veterinarians at HOW.EDU.VN today and unlock your full potential.

Ready to elevate your veterinary career? Contact HOW.EDU.VN today and connect with our team of expert PhDs for personalized guidance and support. Your success story starts here. Reach us at 456 Expertise Plaza, Consult City, CA 90210, United States or via WhatsApp at +1 (310) 555-1212. Visit our website at how.edu.vn to learn more.

FAQ: Frequently Asked Questions About Veterinarian Salaries

Here are some frequently asked questions about veterinarian salaries to provide you with a comprehensive understanding of this topic:

  1. How much do entry-level veterinarians typically earn?
    Entry-level veterinarians can typically earn between $72,360 and $94,860 annually, depending on location and type of practice.
  2. What factors influence a veterinarian’s salary?
    Factors influencing a veterinarian’s salary include experience, specialization, geographic location, and type of employer.
  3. How does specialization impact a veterinarian’s earning potential?
    Specialization can significantly increase a veterinarian’s earning potential, with specialists often earning higher salaries due to their advanced training and expertise.
  4. Which states offer the highest salaries for veterinarians?
    States with higher costs of living, such as California and Massachusetts, tend to offer higher salaries for veterinarians.
  5. What is the difference in salary between metropolitan and rural areas?
    Metropolitan areas often offer higher salaries due to the higher cost of living and greater demand for specialized services, while rural areas may provide competitive compensation with lower living expenses.
  6. How can practice ownership impact a veterinarian’s income?
    Practice ownership can significantly increase a veterinarian’s income, as owners benefit from the business’s profits and build equity over time.
  7. What are some additional income streams for veterinarians?
    Additional income streams for veterinarians include emergency services, on-call work, consulting, and teaching.
  8. How can veterinarians boost their earning potential?
    Veterinarians can boost their earning potential by pursuing specialization, gaining additional certifications, mastering business management skills, and negotiating salary and benefits effectively.
  9. What is the job outlook for veterinarians?
    The job outlook for veterinarians is projected to grow in the coming years, driven by increasing pet ownership and advancements in veterinary medicine.
  10. Where can veterinarians find reliable salary data and career guidance?
    Veterinarians can find reliable salary data and career guidance from the Bureau of Labor Statistics (BLS), American Veterinary Medical Association (AVMA), veterinary specialty organizations, online salary databases, and veterinary career forums and networking sites.

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