OSU to build 35,000-sf veterinary clinicJune 11, 2019Veterinary students at the Ohio State University (OSU) are set to receive more comprehensive hands-on training, thanks to the introduction of a new 35,000-sf clinic. The Frank Stanton Veterinary Spectrum of Care (SOC) Clinic will train students to manage patients across the entire range of care, including alternative diagnostic and treatment techniques. Students will also become familiar with various clinical procedures and post-visit care protocols, as well as fine-tune their practice and business management skills. The clinic will also offer a realistic private practice environment to enhance the clinical training of students in all four years of OSU's veterinary program. "This [new facility] will extend our goal to provide students with valuable, hands-on medical and surgical experience and corresponding professional skills refinement needed to become more competent and confident veterinary practitioners upon graduation, successful entrepreneurs, and even more highly sought after by employers," says Rustin Moore, DVM, PhD, dean of OSU's College of Veterinary Medicine and the Ruth Stanton chair in veterinary medicine. OSU says new veterinarians who train at the Frank Stanton Veterinary SOC clinic will have knowledge and mastery of a wider range of diagnostic, therapeutic, business, and communication skills. The two-story facility will feature exam rooms, …
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Why give it away? Keep revenue in your clinicMay 24, 2019 The last 20 years have been the perfect storm for general practitioners in veterinary medicine. The combination of the loss of spay and neuter services, the migration of vaccinations to low-cost clinics, and the exit of in-clinic pharmacy and retail to online sellers has affected the businesses of general practitioners in a truly significant way. I have felt the strong impact of these changes in my own practice. Historically, my clinic's revenue from routine services constituted 80 to 90 percent of my income. Today, these services account for less than 20 percent of revenue. With these changes and these hard figures, how do we not only stay afloat during this tumultuous time, but also thrive as business owners and medical professionals? The key lies in understanding where our industry has been, the current state of the union, and where the strengths of our individual practices lie to differentiate and flourish. The internet takes a bite One of the hottest topics in veterinary medicine has been the rise of online pharmacy. 1 (800) PETMEDS was king, and the new prince is Chewy.com. Now Amazon is eyeing the throne and your clients' dollars. The online pharmacy race has left the general …
Walmart launches pet pharmacy, opening more in-store clinicsMay 7, 2019Walmart says it is launching its first pet pharmacy and opening more in-store veterinary clinics. "These clinics offer affordable, high quality, and convenient services to save customers as much as 40 to 60 percent on vaccines and minor illness packages and exams," the company wrote on its website. The news comes at a time when private practices are already competing with online pharmacy retailers that are digging into their revenue. According to Walmart, it will provide low-cost prescriptions for dogs, cats, horses, and livestock through WalmartPetRx.com. The website will offer more than 300 brands to treat conditions such as flea and tick, heartworm, allergy, and arthritis, which are main sources of income for veterinarians. Walmart will also offer home delivery. The option to pick up pet prescriptions in-store will be available later this month, as the retailer is stocking more than 4,500 of its pharmacies with the 30 most requested pet medications. Walmart says it will be opening nine new clinics in the Dallas-Fort Worth area, Tex., in late May and June. It has plans to expand to more than 100 locations over the next 12 months.
Southern Veterinary Partners acquires two more hospitalsApril 29, 2019Southern Veterinary Partners (SVP) is now operating in 12 states, after acquiring Glade Valley Animal Hospital in Frederick, Md., and Lyndon Animal Clinic in Louisville, Ky. The new acquisition brings the count to 79 animal hospitals between Texas and Maryland. "Our rapid growth from starting in one state in 2014 to 12 states in less than five years is more than I could have envisioned when I conceptualized SVP," says the company's chief executive officer, Jay Price, DVM. "This growth is due to our extraordinary veterinary leadership and management teams and the reputation we have built in the industry for listening to veterinarians' needs." "We welcome Jeffrey Head, DVM; Stephen Derrenbacher, DVM; and Lori Landis, DVM, from Glade Valley Animal Hospital and Kurt Oliver, DVM; Kourtney Roppel, DVM; Matthew Thompson, DVM; and Julia Gawley, DVM, from Lyndon Animal Clinic to our team of more than 300 veterinarians. These doctors now have a wealth of resources, best practices, and mentoring opportunities within SVP to help them grow in their careers."
A life lesson in veterinary careJanuary 4, 2019Tufts at Tech Community Veterinary Clinic in Worcester, Mass., is the nation’s first on-the-job veterinary clinic at a high school developed in collaboration with a veterinary school.
Could your practice use a CWO?September 11, 2017Until recently, there were: The CEO, or chief executive officer; The CFO, or chief financial officer; The CIO, or chief information officer; The CTO, or chief technology officer; And a few others (CSO, CCO, and CKO anybody*?) I recently heard of the CWO, aka Chief WOW Officer, aka Director of WOW, as Nido Qubein calls it. The businessman and motivational speaker is currently the President of High Point University, an amazing private liberal arts university in High Point, North Carolina. Of course, there is a CWO at High Point. His job is to identify the un-WOW on campus, and turn it into WOW to improve the students' experience. Here are a few of the services provided. Each one honors an important value: • There is an ice cream truck on campus, and a bubble-gum machine at the entrance of the Dean's door (value: generosity). • Students can have a free car wash on week-ends to forget the dust caused by an extensive construction project (value: respect for others' property). • Valet parking for students after 9 pm (value: safety). • Live music at the cafeteria (value: rock 'n' roll forever?). Similar creative …
