Secure your financial future
The lease terms agreed to when you sell a practice but keep the property can make a big difference in the final proceeds.
Thirty years ago, nearly all veterinary practitioners owned or wanted to own the real estate where their hospitals were situated. But times are a-changin’. Today, as institutional capital flows into the veterinary industry and clinics continue to be purposely built for specialized care, the decisions that practice owners make related to their real estate are having […]
On high alert
As vector-borne diseases crisscross the country, animal and human health organizations are working hard to raise awareness.
An invasion is happening in the United States. Creepy crawlies carrying all sorts of vector-borne diseases are on the march or airborne. And neither pets nor people are safe. Illnesses from mosquito, tick and flea bites have tripled in the United States, with more than 640,000 cases reported from 2004 through 2016, according to a […]
The science behind the bond
HABRI’s research highlights the human health benefits of pet ownership.
Being a pet owner is good for your heart, according to the American Heart Association. Pet owners have significantly lower systolic blood pressure than non-pet owners, the organization says. Another interesting finding? Owning a cat makes you more likely to be alive one year after a heart attack. Non-cat owners had a 40 percent greater […]
Chew on this
How chewables and other compliance-friendly products are driving traffic to veterinary practices.
Stanley Truffini, DVM, of Georgetown Veterinary Hospital in Connecticut, has seen almost four decades’ worth of product introductions designed to combat an age-old pet conundrum: fleas and ticks. First were the flea collars. “You can sometimes forget about the fleas, but they always come back,” Dr. Truffini said. “I’ve seen this happen frequently. Over the […]
Henry Schein to spin off vet division
A tax-free merger with Vets First Choice will create a company called Vets First Corp.
In what Stanley M. Bergman, chairman and CEO of Henry Schein Inc., called “a prime opportunity to better serve veterinarians and to improve their business,” the global distributor in April announced plans to merge its animal health business with Vets First Choice to form an independent public company. The new company, Vets First Corp., would […]
Piece of the pie
Online retailers are gobbling up more pet food sales than ever. What does this mean for the industry and for veterinary practice customers?
There’s no way around it — online retailers are changing the global marketplace. That includes the pet products channel, where heavyweights like Amazon, 1-800-PetMeds and Chewy are rolling out more customer-friendly shopping options and product choices. Nowhere is this more evident than in pet food sales, the largest spending category in pet products. According to […]
A veterinary services eco system
Petco’s plan to expand veterinary services has many moving parts.
A local approach with a national reach might best describe Petco’s entry into veterinary services. In May 2017, the national pet retailer announced a joint venture with Thrive Affordable Vet Care to incorporate full-service Thrive clinics into select Petco stores. But in-store clinics are just part of the company’s strategy. Today’s Veterinary Business spoke with […]