A recent PetSmart Charities-Gallup study revealed that over half of U.S. pet owners have skipped or declined necessary veterinary care; 70 percent of those owners cited affordability as the primary reason, regardless of income level. In fact, a third of households earning over $90,000 still reported forgoing care due to cost concerns. This highlights a […]
Read More… from From Cost to Care: Practical Ways Vets Can Help Clients Navigate Finances
When you’re running a veterinary hospital, it’s easy for the day-to-day clinical work to take the spotlight. But behind the scenes, financial accuracy plays a critical role in the long-term success and health of the business. One of the most important, and often overlooked, pieces of this financial puzzle is how revenue codes in your […]
Read More… from The Financial Benefits of Matching Your PIMS to the AAHA Chart of Accounts
Hiring in vet med isn’t what it used to be. With more demand for care and fewer professionals entering the field, traditional job boards are oversaturated. Your practice needs to stand out not just with competitive pay but also with culture, creativity, and connection. The good news? There are plenty of ways to make your […]
Read More… from Thinking Outside the Box: Unique Ways to Hire Veterinary Staff
Let’s face it, veterinary medicine is hard work! It requires years of school, significant financial investment, and sometimes, sleepless nights to build a business to serve your community, clients, and employees. Unfortunately, when an employee decides to steal from the business, it can feel like a personal betrayal and lead to a loss of trust […]
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For many veterinary practices, feline patients make up a smaller portion of their caseload than dogs. Yet, according to the American Veterinary Medical Association, there are more households in the United States with cats than dogs. One of the biggest barriers to seeing more cats is communication—both in how we engage with cat owners and […]
In the fast-paced world of veterinary medicine, efficient financial management is crucial for both the health of the practice and the well-being of the animals it serves. One powerful tool that can significantly enhance a veterinary clinic’s financial management is the American Animal Hospital Association (AAHA) Chart of Accounts (CoA). This framework provides a standardized […]
Read More… from The Importance of Utilizing the AAHA Chart of Accounts (CoA)
Boosting online pharmacy revenue has never been more important in today’s shifting veterinary industry. Pet owners are prioritizing convenience and competitive pricing, so practices must adapt their services to meet these expectations. At the same time, fully utilizing an online pharmacy can help lower the Cost of Goods (COGs) eating up revenue and collecting dust […]
Read More… from Convenience Meets Care: Train Your Pet Owners to Use Your Online Pharmacy
Your veterinary staff is the backbone of your practice. From skilled veterinarians to compassionate technicians and dedicated administrative personnel, their contributions are invaluable. Offering competitive wages and benefits is not just a way to retain top talent—it’s also a smart financial strategy. Many of these expenses are tax-deductible, helping you support your team while keeping […]
Read More… from Investing in Your Veterinary Team: Employee Wages and Benefits
Conference season is here! As I reflect on my seemingly chaotic few days at VMX, I’m thinking about what I could have done better. No matter if it’s you or a team member, attending any conference is an investment in professional growth, but it comes at the expense of, well, expenses and time away from […]
Read More… from How to Get the Most Out of a Continuing Education Conference
Owning a veterinary practice is not just about caring for animals — it’s also about managing a business with complex financial and tax considerations. Whether you are buying, selling, or merging a veterinary practice, understanding the tax implications can help you make informed decisions and avoid costly surprises. Buying a Veterinary Practice One of the […]
Read More… from Tax Implications of Veterinary Practice Ownership Changes