Finance

More universities are opening ?private practices? for additional revenue and cases.

Counterbalance the competition with these tips.

It takes more than a passion for veterinary medicine to be a successful practice owner-you've got to be business savvy, too.

Stem the tide of opinion and enhance trust.

Separating your large- and small-animal practice isn't easy, but we'll help break down the task for you.

The answer to shrinking profits isn't always to shrink your veterinary practice.

Put these tools to work and start tweaking your veterinary hospital for a successful sale.

Learn what this important worker documentation means for your veterinary practice.

Three bills affecting nonprofit clinics fail to garner vote before sessions end. Veterinarians divided in support.

Some design choices are tough to erase from your veterinary hospital later. Find the worst offenders here.

Veterinarians lead emergency storm response.

Ohio VMA has vocally opposed proposed tax, saying it would hurt economy further.

Orman's niece, Katelyn Stender, DVM, was a graduate.

When your aunt is a world-renowned financial guru, you still have veterinary school debt-you're just more excited about it.

This is a 3-week course that addresses the basic elements and components of financial practice management. Topics covered include performing in-house or outsourcing payroll, bookkeeping tasks, the profit-loss statement, cash and accrual methods of accounting, accounts receivable policies and procedures, accounts payable filing system, and how to maximize collection efforts and minimize bad debts. (10 CE credits)

This is a 3-week course designed to assist practice managers and administrators in creating or updating their company's employee compensation and benefits policies. Topics covered include compensation terminology, employee types and creating fair wage/salary policy for each job description, when and how to compensate employees, how to avoid employee debt to the practice, payroll options and procedures, how to implement benefit selection, government guidelines for garnishing employee wages, and what to expect before, during, and after an inspection. (10 CE credits)

This 3-week course is designed to give you the tools you need to take an analytical look at your marketing efforts in order to make modifications where they are needed to differentiate your practice from others. (10 CE credits)

This 3-week course discusses the basic elements and components of the financial aspects of a veterinary hospital. The material addresses hospital revenues, fees that generate revenue, expenses, measuring performance, and monitoring benchmarks. Topics covered include standard veterinary performance measures, basic veterinary industry norms or benchmarks, the differences between active and passive incomes, cost behavior in a small animal clinic setting, common variable and fixed expenses in a small animal practice, and how to establish a good, sound financial policy. (10 CE credits)

Move beyond sticker shock by reframing your prices.

I usually don't do spays or neuters on my own pets, so you shouldn't consider designing your own hospital. Here are more veterinary design don'ts.

Check your veterinary client rechecks with this tool.

As veterinary visits have dropped, pet owners' willingness or ability to spend money on medications has declined as well.

Expanding your veterinary practice into a new facility doesn't have to keep you awake at night-if you take necessary precautions ahead of time.

These tips can spice up your professional life now and build stamina for the years to come.

Want to realize a return on your veterinary school investment? It's as simple as charging for your services-all of them.

Karen Felsted offers advice for veterinary practices struggling with decreasing revenue and increasing costs.

Whether you're a young pup or a wise old dog, here's how to make sure you're on the path to a successful future.

Medical progress exams ensure pets get better care and increase profits.