Are worker cooperatives the future of the vet industry?June 5, 2024Essentially democratizing the workplace, this business model gives power and governance to the workers by making them owners.
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VPN Plus+ ExclusiveWhy owning a veterinary practice is still a smart moveMay 30, 2024By Patty Khuly, VMD, MBAThen there is the possibility of hanging your own shingle to consider. It is no stretch to claim there is still room in our profession for upstart strip mall practices and tiny, one-exam-room, hole-in-the-walls. There are plenty of nontraditional practice alternatives to consider, too.
A personal take on the perks and pitfalls of production payMay 24, 2024Changes must happen for a production-only pay structure to prove equitable for all stakeholders, starting with employers offering the capacity for employees to earn a competitive living.
Providing answers using ultrasoundMay 22, 2024A trend toward efficiency that can be found in the development of ultrasound has been with the introduction of handheld and highly portable ultrasound units.
Comparing margins and markups to ensure a healthy pharmacy in your practiceMay 15, 2024Many practice managers and owners may not have a full understanding of the basics and importance of margin and markup pricing. Learning more about those can help the clinic recover from costs of expensive medication and provide better patient care.
How independent veterinary practices are winning with clientsApril 26, 2024Often, clients turn to independent veterinary clinics for a more personalized and attentive approach to pet care, without the constraints of corporate protocols.
Designing your surgical suiteApril 8, 2024Good surgery suite design can aid in better ergonomics for surgeons, and, in some cases, improve a provider’s stamina to an extent that it allows them to accept more appointments.
VPN Plus+ ExclusiveSeeing the light in selling to 'the dark side'March 29, 2024Four years ago, I did something that surprised me—I sold my practice to “the dark side,” a veterinary corporation. I never intended to do this, as I had heard so many negative comments about the problems of selling to the corporate world. Below are details about my journey that include issues I’ve never heard anyone else share about selling a practice to a corporation and continuing to work for the purchaser.
The next generation of practice ownershipMarch 15, 2024Practice ownership options vary by degree of partner involvement, risk tolerance, veterinarian income upside, work-life balance potential, capital requirement, and, ultimately, span across a unique set of potential independent ownership and partnership paths.
Four mistakes conference goers makeMarch 11, 2024Your investment of the registration fee, travel, meals, and time away from your practice could be costly if you make these post-conference mistakes
