VPN Plus+ ExclusiveA perspective against private equityJuly 7, 2022By Patty Khuly, VMD, MBABy the end of this column, I hope to explain the essence of private equity investing well enough to show there is nothing defensible (or even capitalist) about it. Even if you are one of the few fortunate veterinary practice owners likely to benefit enormously from it—trust me, there is nothing to love beyond what it does for your personal bank account. (I begrudge you not one penny of it. You have earned it!)
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VPN Plus+ ExclusiveMy wildest dreams?June 2, 2022By Patty Khuly, VMD, MBAPractices like mine are easily worth 20 times their original sale price (and possibly a lot more given our profession’s feverish practice transaction climate in many suburban markets). Trouble is, I have such mixed feelings on the subject of selling that I do not even want to know my practice’s current market value. Sure, I can have a proper valuation done, but do I really want to go there?
VPN Plus+ ExclusiveWhat to do when morale hits the skidsMay 5, 2022By Patty Khuly, VMD, MBAWhile it looks like we may be coming out from under the weight of the worst this pandemic has to offer, it is going to take time to restore our practices to their stable workflows and our teams to the purpose-driven, satisfied working groups we once enjoyed. Here are some carrot and stick solutions, short- and long-term, to help address the low morale that currently plagues so many of us.
VPN Plus+ ExclusiveTattoos and don'ts?March 17, 2022By Patty Khuly, VMD, MBAWe all have our views on the subject: electing to dress, cut our hair, and otherwise alter our appearance in accordance with these. Some, however, seem ever determined to impose their personal standards on others.
VPN Plus+ ExclusiveWhy branding in veterinary medicine matters more than everFebruary 16, 2022By Patty Khuly, VMD, MBAWhile it may be troubling, even insulting, to be referred to in terms so crassly commercial, brands and branding are extremely useful tools to help guide your career, focus your efforts, achieve your goals, and–most importantly, I’ll argue–enhance your enjoyment of veterinary medicine.
VPN Plus+ ExclusiveHiring challenges? Don't forget new gradsJanuary 20, 2022By Patty Khuly, VMD, MBAWe used to ask ourselves, “Do we really need more team members or do we need to make our existing team members work more efficiently?” At this point, most of us no longer need to interrogate our team’s efficiency; we’ve officially crossed that line into the realm of, “Absolutely no question. I need warm bodies.” When so many of our team members have been out sick with Omicron, the flu, etc., the crunch has never felt more desperate.
VPN Plus+ ExclusiveBest holiday gifts for all kinds of veterinary peopleDecember 2, 2021By Patty Khuly, VMD, MBADr Khuly's gift guide, complete with links, to make it easier for you to think creatively as you put together your gifting list for the veterinary people in your life.
VPN Plus+ ExclusiveWhat's your management style?November 18, 2021By Patty Khuly, VMD, MBAWhether you’re professionally trained for it or not, being at the head of a team is likely part of your formal or informal job description — like it or not.
VPN Plus+ ExclusiveCompassion without the fatigueSeptember 23, 2021By Patty Khuly, VMD, MBANever before, it seems, have we been forced to contend with such problematic client conduct.
VPN Plus+ ExclusiveNutrition: Why treading lightly is often the best approachAugust 12, 2021By Patty Khuly, VMD, MBANutrition has evolved into the one area I’ve learned to tread lightly. It’s the third rail of all exam room topics of conversation, second only to politics and religion for the fervor it inspires — especially should you accidentally trip on a stray word in the minefield of unmentionable ingredients or excesses.
