When to hire a consultant
Floundering clinics and even hospitals in need of small adjustments might be well-served by connecting with a professional adviser.
Running a successful veterinary practice can be difficult. Hospital owners and managers often focus on maintaining a high level of clinical care, but at the same time they have to confront potentially damaging issues such as staff turnover, declining profits and the loss of clients to competing clinics. When a problem reveals itself, the inclination […]
The union question
Organized labor gained a foothold at two West Coast veterinary hospitals, but whether its entry is an aberration or the sign of a groundswell is up for debate.
Morgan VanFleet finally had enough. During 13 years as a veterinary technician working in Oregon and Washington, she had watched as she and her colleagues struggled with low wages, meager benefits and employee turnover that often left the hospitals stretched thin. The practice owners, VanFleet said, responded to the staff’s concerns with silence or empty […]
Fighting the good fight
Thwarting gray-market suppliers is a challenge for manufacturers.
The direct-channel relationship between veterinarians, drug manufacturers and distributors ensures clients that the medications prescribed for their pets are safe, effective and of the highest quality. In the internet age, however, consumer websites offer pet drugs at discounted prices, and many national stores, such as PetSmart, Walmart and Target, sell name-brand prescription pet products. How […]
Chart a new financial course
The AAHA/VMG Chart of Accounts establishes an industry standard that allows for more accurate benchmarking.
Veterinarians don’t enter the profession to practice accounting, which is why they often delegate bookkeeping to others. As a result, accounting methods can vary widely from hospital to hospital, hampering efforts to assess how a practice’s revenue and expenses differ from industry benchmarks. A free tool created by an industry coalition aims to standardize accounting […]