Pet Insurance Sees Another Year of Double-Digit Growth
More than 3.1 million dogs and cats were covered in 2020 as the U.S. market hit $1.99 billion.
U.S. pet owners spent just shy of $2 billion in 2020 on pet health insurance, a 27.5% one-year increase and an all-time record. Rick Faucher, the North American Pet Health Insurance Association’s board president, called the sales figure a sign of a maturing, 41-year-old U.S. industry. “With only a fraction of the potential market realized, […]
SPCA Challenges California Telemedicine Law
The animal welfare group wants to loosen restrictions on veterinarians.
The San Francisco Society for the Prevention of Cruelty to Animals is suing over California’s veterinary telemedicine law, saying the constraints are bad for pets and their owners. “By limiting telemedicine, this law is restricting equitable access to animal care among California’s diverse people and geographic regions,” said Brandy Kuentzel, the San Francisco SPCA’s general […]
CAPC Predicts Wider Spread of Parasitic Diseases
Growing numbers of pets are at risk of contracting heartworm, Lyme, ehrlichiosis and anaplasmosis.
Pets can run, but they can’t hide from mosquitoes and ticks, the vectors for several preventable diseases. The Companion Animal Parasite Council reported in its annual forecast that the risk of heartworm disease, Lyme disease and two other tick-borne illnesses is higher than usual in many areas of the United States in 2021. The nonprofit […]
Small Door Veterinary Raises $20 Million for Expansion
The members-only practice anticipates constructing 24 more hospitals by 2025.
A New York City veterinary clinic that charges a membership fee ranging from $8 to $89 a month has raised $20 million to finance the opening of 24 additional clinics by 2025. Small Door Veterinary is a 1-year-old concierge practice in Manhattan’s West Village that offers an around-the-clock telemedicine service and in-clinic features such as […]
Trupanion Maps a Future Beyond Insurance
Expected soon: a veterinary-exclusive food line, GPS pet tracker and additional territories.
Pet health insurer Trupanion intends to enter the food and wearable technology markets and expand farther overseas as part of a 60-month strategic plan to become a multifaceted, $1.5 billion-a-year company by 2025. The initiatives unveiled by founder and CEO Darryl Rawlings in a report to shareholders are designed to “expand the reach of our […]
Patterson Plans Takeover of Miller Veterinary Supply
The transaction is expected to strengthen Patterson in the Midwest, Mid-Atlantic and Southeast markets.
Patterson Veterinary Supply has agreed to acquire 100-year-old distributor Miller Veterinary Supply for an undisclosed price. Miller Vet, a family-owned business headquartered in West Point, Nebraska, operates warehouses in Florida, Georgia, New Jersey and Texas. The company stocks 30,000 veterinary products and offers next-day delivery to 23 states, according to its website. Patterson reported that […]
Texas Tech Chooses First 60 Veterinary Students
Texas and New Mexico residents make up the inaugural class.
The newest U.S. veterinary school will open in August 2021 with an inaugural class of 60 students from Texas and New Mexico. The Texas Tech University School of Veterinary Medicine is the nation’s 33rd DVM program. It follows in the footsteps of the University of Arizona and Long Island University, both of which began veterinary […]
Clinic Franchisor Targets Metropolitan Washington
PetWellClinic plans to open 25 walk-in veterinary practices in the D.C. area and dozens more nationwide.
PetWellClinic, a franchisor of walk-in veterinary clinics, plans to open 25 practices in and around Washington, D.C., in cooperation with two fitness studio operators. The new co-franchisees, Dave Ballow and Liz Overmann, are involved with Orangetheory Fitness, a national chain. Ballow is the managing partner behind 14 Orangetheory franchise locations in Maryland and Overmann is […]
Practice Consolidators Show No Sign of Slowing
Veterinary Integration Solutions releases a report on the state of corporate ownership.
A census of corporate-owned veterinary practices shows dozens of companies operating at least 7,800 clinics across North America, a sign of “the accelerating pace of veterinary consolidation,” according to Veterinary Integration Solutions. The Canada-based data and analytics company posted a report, “Veterinary Consolidators: North American Market Analysis,” at bit.ly/3xaXSdo. The breakdown includes: The source of […]
Merck Veterinary Manual Hires a New Editor
Dr. Alexandra L. Winter formerly worked on JAVMA and is associate editor of the Journal of Exotic Pet Medicine.
A medical educator has been named editor-in-chief of The Merck Veterinary Manual, a 66-year-old animal health reference guide now in its 11th edition. Alexandra L. Winter, BVSc, DACVS, previously served as an editor at the Journal of the American Veterinary Medical Association. She remains on the editorial board of the journal Veterinary Surgery and is […]