Business | Practice Finances

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.

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 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.

The creator of this salary-plus-production doctor compensation system answers a readers detailed question about a particular patient involving client education, blood work, medications, technician-only visits and more.

What do you do when you love your job, but it doesnt pay enough to repay the debt you accrued in veterinary school?

If youre experiencing exhaustion from difficult conversations with pet owners about paying for veterinary care, why not open the discussion with your team? You may identify small tweaks to communication and policies that might ease everyones stress about managing the tough question of paying for top-notch pet care.

Dont get lost in a sea of numbers when putting together a budget for your new veterinary practice.

This technician has dealt with financial ups and downs in the last year, including a move and a pet being diagnosed with cancer.

Bash Halow has seen the good and the bad in the exam room.

'Keep It Simple, Stupid' is the easiest way to manage finances as a veterinary professional. The acronym holds true whether you find a financial professional or do it yourself. Below are five ways you can manage your finances better as doctor, a manager or a team member.

Stop educating clients and tell them a story.

Fixed interest rates, extended terms of payment ... uh, maybe we'd better leave this to the expert.

Vetcove could be an industry disruptor and change the inventory management game by providing Trivago-like comparison price shopping to veterinary hospitals.

Whether you are considering leaving your practice now or sometime in the future, having a succession plan in place will simplify the process whenever that time comes.

For your veterinary practice and everywhere, 'tis the season to think taxes, "Fa-la-la-la-la la- oh no, already?"

This veterinary practice's working relationship with a pet store was always a mixed bag: new clients with new puppies on the one hand, but less-than-ideal compliance with recommendations from the pet store owner on the other. Heres what ultimately happened.

If your team members meet certain thresholds, price breaks may need to be reflected in their W-2s.

A path to build wealth. A willingness to learn to be a better delegater and leader. A calling to provide a healthy place for veterinary professionals to bloom. Thats all possible as the owner of a veterinary hospital.

The Veterinary Care Charitable Fund supplies AVMA members with funds to provide charitable care in cases of financial need, neglect, or abuse.

Practice management experts provide a series of short on-demand videos to help boost your practice's profitability. Sponsored by Henry Schein Veterinary Solutions

These states have the most and least amount of student debt.

Youre not "in it for the money" in veterinary medicine, but neither can you ignore it. This year, make a New Year's resolution (or two or three) to better manage your personal accounts, your career and your practice finances this year.