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?
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VPN Plus+ ExclusiveHow to build or buy a vet practice even when you don't want to be a practice ownerApril 15, 2021By Patty Khuly, VMD, MBAFinancially savvy new grads often share homes, apartments, and even cars. Why not band together to build or buy a practice? This arrangement isn’t as common as it once was, and yet it’s more necessary than ever. This model can work for veterinarians in different stages of their careers, as well.
VPN Plus+ ExclusiveWhy does no one want to be a practice owner anymore?March 18, 2021By Patty Khuly, VMD, MBABeing a practice owner is hard. But being a veterinarian is way harder than being a practice owner. Which makes me wonder why so many people willing to put in tireless hours to crown themselves animal doctor are subsequently unwilling to take this extra step?
Team member dynamics: Six things I've learned in six years of practice ownershipNovember 26, 2020About five years back, Dr. Khuly raved about practice ownership in this very column. While still bullish on practice ownership, she says she no longer has reason to gush.
Are small-town clinics on the way out?July 6, 2018Veterinary practice ownership, like the continental drift, is gradually moving and shifting across our time. The trend now points toward increased corporate ownership and practice consolidators, whereas previously there were more private, solo-owned practices.
Mission: Possible?July 5, 2018In the U.S., roughly 179 million households include pets. With the addition of 2.05 million U.S. farming operations and the millions of livestock being raised, the growing demand for veterinary services is a no-brainer.
