VPN Plus+ ExclusiveAre you disappointed in your profession?November 23, 2023By Patty Khuly, VMD, MBAIt has finally happened. I’ve turned into that veterinarian: the crotchety, 30-year veteran of private practice so disillusioned by her own profession’s evolution she has begun actively planning a definitive exit strategy.
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Stoking the flames of your love affair with veterinary medicineMay 21, 2021When you're down in the veterinary doldrums, what do you do to refresh your commitment to animal medicine?
OVMA names 2018 Veterinarian of the YearMarch 18, 2019The Ohio Veterinary Medical Association (OVMA) has named Dave Bauman, DVM, as the Veterinarian of the Year for 2018. Outgoing OVMA president Liesa Stone, DVM, BS, presented the award to Dr. Bauman at the association's annual Midwest Veterinary Conference. "A lifetime of achievement as an educator, a volunteer, and a veterinarian clearly represents the qualities worthy of recognition as veterinarian of the year," said Stone, as she gave Bauman the award. Bauman has dedicated more than four decades to the veterinary profession. He taught laboratory animal medicine at the University of Cincinnati (UC) veterinary technology program for 42 years and served on the OVMA board of directors for 18 years.
The tricky dynamics of running a family veterinary businessJuly 26, 2018I've always been struck by the number of families in the veterinary profession: practices that include parents, uncles or aunts, siblings, or cousins in their management or ownership structure. Maybe this isn't surprising; children are nearly twice as likely to follow in their parent's footsteps as to choose another occupation, and this steps up to nearly 20 times as likely when you compare daughters of doctors (see the General Society Survey). This generational commitment is a source of strength for the profession and reflects the mission-driven perspectives that nourish and sustain us. In the current environment, however, practice valuations and corporate inroads can present new problems for that intergenerational transfer of practice control. I've had the opportunity in the past few years to talk to a number of parents whose children are practice associates. It's been interesting to see how the size of the check that a corporate consolidator is willing to write has affected the conventional family dynamic. Deserving a piece of practice ownership due to your status as a son or daughter or through sweat equity can start to look like a gift too large to comfortably make as a parent. This feeling can …
Petplan to hold veterinary clinic business strategy speaker seriesJanuary 12, 2018Petplan pet insurance announced it will hold its Business of Veterinary Medicine Conference in partnership with VMX on Feb. 2. The speaker series is designed to help independent veterinary practice owners answer the challenge posed by the increase in marketing-savvy, corporate-owned hospital networks. "Practice owners are becoming more aware of the need to pay attention to the business side of veterinary medicine," said Andy Roark, DVM, an industry speaker, author, and media personality who Petplan partnered with to develop the series. "The rise of corporate practices are really forcing business to the forefront." According to Dr. Roark, the most important business principles that practice owners and staff should focus on are strategy (where they are going as a practice), operations (efficiency in providing services), marketing (how to tell their story to find clients), and client experience (how the practice makes people feel). "Vets have always done a good job with operations and efficiency," Roark said. "The area that has the potential to make the biggest impact now is a practice's specific strategy for its clientele. Veterinarians are coming to the understanding that different clients want different things, and they can't be all things to all people. Practice …
