
A promotional strategy should align with practice goals, which may include business and revenue growth.

Dr. Felsted is a CPA as well as a veterinarian and has spent the last 15 years working as a financial and operational consultant to veterinary practices and the animal health industry. She also spent three years with the National Commission on Veterinary Economic Issues as CEO. She has written an extensive number of articles for a wide range of veterinary publications and speaks regularly at national and international veterinary meetings. She is the current treasurer of VetPartners, a member of the Veterinary Economics Editorial Advisory Board, a member of the CVPM board of directors and the current treasurer of the CATalyst Council. In 2011, she was awarded the Western Veterinary Conference Practice Management Continuing Educator of the Year and in 2014, the VetPartners Distinguished Life Member Award.Dr. Felsted enjoys exotic international travel, and when the dvm360 team last heard from her, she was headed to the Galapagos.

A promotional strategy should align with practice goals, which may include business and revenue growth.

Understanding how to calculate your practice’s value will help you get the biggest bang for your buck.

When the going gets tough and the money gets tight, focus on cash flow and crack down on additional spending.

For veterinary practice owners, professional and personal goals and growth go hand in hand. Success is achieved through time, effort, discipline, and sacrifice—and a little professional guidance.

A data dive yields insights on becoming a Cat-Friendly Practice through the American Association of Feline Practitioners—and how satisfied veterinary hospital owners and managers are with the results.






Ask around and do some research, says Dr. Karen Felsted to one brand-new relief veterinarian on the scene.

This Team Meeting in a Box provides all the tools you need to start a conversation about inventory management in your veterinary practice. You'll get a trainer's script, meeting guide, activities and handouts for a thorough team training workshop session. Use the resources in this Team Meeting in a Box, sponsored by Henry Schein Veterinary Solutions, to train your team.

Veterinary managers: Sometime you'll have to terminate an employee (if you haven't already). Do it in a professional, respectful way.

Find out whether a practice owner looking to switch careers can fetch a nice price tag for patient records.

Patient and pet deserve a better experienceand it will pay off in increased cat traffic.

A veterinary practice owner who wants more than "fair market value" and an associate veterinarian who wants to buy in slowly and receive mentorship will want to consider this plan.

Turns out, maybe everybodyeager veterinary associate and practice owner veteran alike. It's just not usually a big fight, says veterinary practice management guru Dr. Karen Felsted.

Protect your financial interest, people!

When it comes to successful transition to new (and old!) practice cultures after a clinic is sold and bought, you may feel like a big fish in a small pond. This advice should help. Come on in, the water's fine!

An overview of the costs, the benefits and the basics involved in joining forces with another veterinary practice (including a checklist of key issues that need to be considered for the best shot at success)

With changes in the tax code over the years, S corporation status is more attractive than C corporations for veterinary hospitals these days. Here's why.

CVC educator Karen Felsted, CPA, MS, DVM, CVPM lays out the need to explain fully the value of the medicine you provide and the ways to pay for it.


A reminder that what works in life also works in the veterinary clinic.

And ... we wouldn't leave you hanging just with the problems! Here's advice to tackle this trio of Dr. Karen Felsted-identified roadblocks at your veterinary practice in this new video from CVC.

Manage cats' pain so they can take over the Internet. Err, wait. So they can continue to rule the web in their iron claws. Eh, just watch the video.

A closer look at the clinic cash flow conundrum

Whining about your pay gets you nowhere. Learn why your boss isnt paying you more. Then bust through their excuses (ahem: reasons) to earn more at your veterinary practice.

Use a positive approach during examinations

Combating the industry's biggest struggle.

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