Today's Veterinary Business

AUG-SEP 2017

Today’s Veterinary Business provides information and resources designed to help veterinarians and office management improve the financial performance of their practices, allowing them to increase the level of patient care and client service.

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Some independent small animal veterinarians were stricken with panic in January when Banfield owner Mars Inc. announced that it would purchase hospital giant VCA Inc. What changed in the veterinary world between Jan. 9, when the $7.7 billion transaction was unveiled, and the day before? Nothing really, except Mars now owns more than 2,000 hospitals in addition to diagnostic labs, boarding facilities, a genetic testing service and a plethora of chocolate candies. Rest assured, independent hospitals still dominate the U.S. veterinary industry, making up an estimated 85 percent of all practices. So, with the initial emotional reaction behind us, let's think about how to respond logically. As an independent practitioner, what can you do — and should you do — to strengthen your place in the veterinary world? What challenges do you face? Continued on page 22 A N O F F I C I A L J O U R N A L O F T H E N A V C Stop, thief! 4 ways to stop employee fraud and embezzlement Page 8 Make your pharmacy a cash cow Learn how to win back prescription drug sales Page 26 AUGUST/SEPTEMBER 2017 DEBUT ISSUE! Independent veterinarians can thrive in the face of growing corporate competition if they focus on people, processes and profits. By Peter Weinstein, DVM, MBA Leslie Mamalis Money Matters Page 12 14 columns inside Charlotte Lacroix H.R. Huddle Page 48 Mark Cushing Politics & Policy Page 42 A dying breed ?

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