Today's Veterinary Business

DEC-JAN 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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4 Today's Veterinary Business News Briefs News Briefs Brexit could leave the U.K. short on veterinarians The British Veterinary Association warned of veterinarian shortages when the United Kingdom leaves the European Union and poten- tially tightens immigration rules. The departure, known as Brexit, is scheduled to go into effect March 29, 2019. "Currently, about half of vets registering each year in the U.K. are graduates from the EU," the BVA stated. "If there are no appropriate immigration measures in place when the U.K. leaves the EU, this EU contri- bution could decline, leaving a large gap in the veterinary workforce." Banfield offers loan relief Banfield Pet Hospital launched a debt-relief program to help the company's 3,500 veterinarians pay off their school loans. Among the offerings are low-interest refinanc- ing and a monthly $150 contribution paid directly on qualifying loans. Ready to build a hospital? Veterinarians considering a clinic renovation or ground-up construc- tion are invited to enroll in the Hos- pital Design Workshop taking place in February at the VMX conference. The four-day program will cover financing, building, renovating and outfitting a hospital. Learn more at http://bit.ly/2AwMLyr. Merck backs diabetes care A new Merck Animal Health website, www.sugarandspike.com, teaches pet owners about animal diabe- tes and encourages them to see a veterinarian to discuss treatment. Also available is information about Vetsulin (porcine insulin zinc sus- pension) and the VetPen insulin pen. Ceva launches Feliscratch "Save the couches" is Ceva Animal Health's rallying cry for a new prod- uct formulated to get cats to use a scratching post instead of furniture. Drug-free, pheromone-based Feli- scratch by Feliway should be applied to a scratching post for seven consec- utive days and then once at the start of weeks three and four. The website www.savethecouches.com promotes Feliscratch as a declawing alternative and outlines numerous reasons ony- chectomy should be avoided. 3 schools win HEED award The Purdue, Texas A&M and Ohio State University veterinary colleges were named winners of the 2017 Health Professions Higher Educa- tion Excellence in Diversity (HEED) Award. The award is bestowed upon U.S. veterinary, human medicine, nursing and allied health schools that demonstrate outstanding com- mitment to diversity and inclusion. Banfield hires COO Jim Ashby, MBA, was named chief operating officer of Banfield Pet Hospital. He most recently served as president and CEO of CareMeri- dian, which operates 34 in-patient specialty nursing and rehabilitation facilities in five Western states. 2 hospital groups merge Advanced Animal Hospital Group and Progressive Pet Animal Hospi- tals merged to create the 22-clinic Midwest Veterinary Partners net- work. The private equity firm Shore Capital Partners funded the consol- idation. Terms were not disclosed. Eleven clinics are in Michigan, nine in Wisconsin and two in Illinois. Laser distributor is named Patterson Animal Health was named the exclusive U.S. distributor of Cutting Edge Laser Technologies' surgical lasers and MLS therapy la- sers. MLS (multiwave locked system) therapy lasers are designed to treat acute and chronic pain, postsurgical pain, intervertebral disk disease, wounds and other medical issues. EPL coverage is enhanced AVMA PLIT expanded its employ- ment practices liability (EPL) insur- ance policies to include standard coverage of workplace violence, Federal Immigration and National- ity Act violations, crisis events and diversity training obligations. Pharmacy law webinar set A one-hour webinar hosted by Auburn University Professor Sue Hudson Duran will examine federal pharmacy laws as they pertain to veterinary medicine. The fee-based webinar will be held Tuesday, Dec. 12, from 1 to 2 p.m. EST. Registration is available at http://bit.ly/2ylp6mW. Ventyv joins glove market Ventyv, a new company based in Tampa, Florida, will sell Polymed latex exam gloves and other dispos- able hand-protection products. VHMA schedules Exchange The Veterinary Hospital Manag- ers Association will hold the 2018 Management Exchange from Jan. 18 to 20 in Savannah, Georgia. The three-day meeting consists of panel discussions, workshops and group activities. Registration is available at http://bit.ly/2y8NgB7. Sale of Elanco is possible Eli Lilly & Co. expects to decide the future of its Elanco Animal Health division by mid-2018. A strategic review could result in a sale, merg- er, spinoff or no change, Lilly CEO David A. Ricks said. The Wall Street Journal reported that a sale could reap $14 billion to $16 billion. Oklahoma State hires dean Large animal specialist Carlos A. Ris- co, DVM, DACT, was named dean of the Oklahoma State University Cen- ter for Veterinary Health Sciences. Dr. Risco, chairman of large animal clinical sciences at the University of Florida College of Veterinary Medi- cine, is scheduled to start in March. Southern Partners grows The Southern Veterinary Partners network expanded to 34 hospitals across the southeastern United States with the acquisition of two North Carolina clinics. The newest locations are Wilkinson Animal Hospital in Gastonia and Charlotte Street Animal Hospital in Asheville. Many clients seek discount A British Veterinary Association sur- vey found that 85 percent of veteri- narians reported that they or a team member had felt intimidated by a client's language or behavior. The friction often originated over money. Ninety-eight percent of practitioners revealed that "at some time they feel under pressure from clients to waive fees or to accept the promise of late payment," the BVA stated. New: Today's Vet Nurse Today's Veterinary Technician, an official peer-reviewed journal published by the North American Veterinary Community, will be repositioned as Today's Veterinary Nurse in support of the Veterinary Nurse Initiative. Today's Veterinary Nurse will debut in winter 2018 as a quarterly journal. RVN initiative advances The campaign to make registered veterinary nurse (RVN) the stan- dard title and credential in the U.S. veterinary technician field has three corporate sponsors. The National As- sociation of Veterinary Technicians in America reported that Banfield Pet Hospital, BluePearl Veterinary Part- ners and Royal Canin USA endorsed the Veterinary Nurse Initiative. Eye Care, Pathway merge Eye Care for Animals, a network of more than 50 ophthalmology prac- tices, merged with the veterinary management company Pathway. With its latest acquisition, Pathway employs 2,000 people and has full or partial ownership of more than 120 general, emergency or specialty practices. Terms were not disclosed. N.J. vets join opioid fight New Jersey authorities advised veter- inarians to utilize the state's prescrip- tion monitoring program in an effort to combat the human opioid crisis. The board recommended that prac- titioners record an animal patient's name and date of birth and the own- er's name and address. Veterinarians can file a suspicious activity report if they think a client may be misusing or diverting pet medications. Petco debuts Thrive clinic Petco opened its first in-store vet- erinary hospital in an arrangement similar to the partnership between PetSmart and Banfield. The Thrive Affordable Vet Care clinic in the Houston suburb of Aldine is the first of 12 clinics that Petco planned to open by the end of 2017.

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