Practice chains are paying many times what the next generation of practice owners can afford for good veterinary hospitals. Associates feel left out in the cold. Find out what expert Karen Felsted, CPA, MS, DVM, CVPM, CVA, says about the alternative: starting up a practice with zero clients when you open your doors.
Corporate consolidators are snapping up veterinary hospitals. Associate veterinarians scramble to find good ones left. And practice owners who werent thinking about selling all of a sudden wonder if nows the time. Heres how the process works.
When it comes to benefit plan compliance, its often the case that you dont know what you dont know.
When I took a new job as hospital administrator after 26 years at a new veterinary practice, the differences in associate pay, standards of care and geography just didnt work for me.
Even if you dont run a payback period or breakeven analysis before you buy a new piece of equipment for your veterinary practice, you still need to (honestly) answer a few questions with your management team.
Entrepreneurial millennial Dr. Eva Evans told Fetch dvm360 Baltimore attendees that associates might need a little mentoring and encouragement to think about owning a practice.
In a change this large, communication and feedback are key to keep everyone on the veterinary team feeling comfortable, says Katie Adams, CVPM.
With the high cost of hiring and retaining veterinary practice employees, it's time to consider the mental health benefits of employee assistance programs (EAPS) to keep your team on track for success.
Founded to counter the corporatization of veterinary medicine, the Independent Veterinary Practitioners Association aims to represent the interests and needs of privately owned hospitals in North America.
Get a sneak peek into how practice ownership gets a makeover from Dr. Julie Reck at Fetch dvm360 in Baltimore, Kansas City and San Diego this year. (Hint: It's about leading and hiring.)
Life in veterinary practice can is messy, and that mess leads to a lot of laundry. Here's one veterinary architect's recommendations on a commercial washer that will stand up to the needs of a clinic.
What you charge and why are questions crucial to your businesss future. They signal the quality of your veterinary medicine and client service. And youre (probably) not thinking about them enough. Dont worry: The Veterinary Hospital Managers Association has a free white paper (this ones well-written) to help you.
Positive cash flow is the lifeblood of your veterinary business, but there is much more to managing cash flow of your hospital than just looking at the balance in your bank account.
What do diet, exercise and health have to do with veterinarians' finances? Quite a lot, it turns out.
Thinking of buying this advanced imaging technology for your general-practice veterinary hospital? A veterinary imaging specialist answers the money, time and space questions.
Or at least acknowledge them, because they're not going away. Veterinarians chime in on co-existing with pet merchants.
Ive been told veterinarians dont care about personal finance or retirement planning. If this is true, doctors, consider this a wake-up call.
Long running attention to details yields dividends for industry veteran.
Results of the 2018 Firstline Career Paths survey show 77% of credentialed technicians are paid hourly. Check out the rest of the data to see how each role in veterinary practice is paid and how much they make.
Dont let pet owners, credit card vendors, banks or crooked team members pull the wool over your eyes. Check out the ways clients pay for services rendered and consider how your veterinary hospital stacks up when it comes to managing them.
'You'll be going down a horrible acoustic road,' veterinary architect says.
Ever wonder what animal hospitals look like in different parts of the world? Animal practice and shelter architect Heather E. Lewis gives the scoop.
Two architects add their perspectives to the debate.
Where nothing says sexy like durability and cost-effectiveness.
We picked Dr. Marty Beckers brain on the presence and prevalence of retail in veterinary practices. Check out his tips of the retail trade.
Under parent company Synscrhony, CareCredit, which helps veterinary clients pay for care, has acquired a long-term solutionpet insurance company Pets Bestto include for a comprehensive financial solution for pet owners.
After labor, inventory costs are the largest expense in a veterinary practice. Here are some tips that may make your inventory process a little more manageable. Plus, printable reorder tags!
When building or renovating your veterinary practice in a small space, take notes from the 2019 under 8,000 square foot Hospital of the Year.
Protect your practice inside and out with these steps.
When the question goes beyond "What's in your wallet?" with pet owners, the answer is the companies providing third-party loans and credit card options to veterinary clients.
