The December 7th update of veterinary clinic consolidations provides a snapshot of market consolidation. Based on the open-access data, at least 661 veterinary hospitals have been consolidated during 2022, including acquisitions of corporately owned practices by other consolidators. Source: Veterinary Integration Solutions, December 7, 2022. Link. The report features updated … [Read more...]
VIS updates analysis of the major veterinary groups in North America
Veterinary Integration Solutions released its updated version of veterinary groups in North America. What’s new: Galaxy Vets was added SAGE Veterinary Centers was added Pathway Vets was renamed Thrive Pet Healthcare MAVANA was removed O’Brien Veterinary Group was removed The numbers of locations were updated. Source: Veterinary Integration Solutions, … [Read more...]
Join the 2nd VIS Burnout and Work-Life Balance Study in the veterinary profession
Complimentary Using the same methodology from the 2020 survey Ivan Zak, DVM, will compare data from a new survey with previous findings. He has also added a new block of questions to assess the work-life balance in the profession, noting this is a leading reason veterinary professionals consider leaving the profession. The results will be aggregated, … [Read more...]
VIS Leading with Purpose series to present partnership models
Ivan Zak, DVM, invited Dr. Beth Davidow and Dr. Karen E. Felsted to talk about partnership models and discuss what changes in conversations must take place between independent practice owners and consolidators when it comes to selling businesses. They will address how to make it a win for both practices and associates at noon EDT, Tuesday, August 17. Source: Veterinary … [Read more...]
Free webinar: How to find new growth levers in veterinary consolidation
Complimentary Content Animal health pros are invited to a live, free webinar: “Riding the Tide in Uncertain Times: How to find new growth levers in veterinary consolidation,” hosted by OpenRoom. Topics to be discussed include: Planning for success: Destination Pet’s rise to operating 75 veterinary practices in only 4 years Whether the pandemic has affected … [Read more...]
Who’s who: North American veterinary consolidators
Complimentary Content Our industry has seen rapidly expanding consolidation since 1987. It has changed the veterinary business landscape worldwide. More than 60 veterinary consolidators are involved today and there will likely be more, says Ivan Zak, DVM. Zak explains consolidators by type providing the list of active consolidators and their: Source of financing … [Read more...]
VIS webinar: How burnout prevention in veterinary organizations translates into profits
Complimentary Putting people first will encompass the topics Bob Lester, DVM, and Thom Jenkins, MA VetMB, will cover with Ivan Zak, DVM, in the February 24 Veterinary Integration Solutions webinar. Employee retention is especially important when transferring ownership or changing management structures. Burned out employees are 2.6 times as likely to be seeking a different … [Read more...]
We bungled. Consolidate That! is from Veterinary Integration Solutions
Sometimes we learn as much from our errors as our successes. The importance of proofreading was reinforced for our AHD team in last week’s Bulletin. It is a stark reminder that errors can be easily made even with a structured process in place. Last week we announced Consolidate That!, the new podcast from Veterinary Integration Solutions < link >. However, we bungled … [Read more...]
Veterinary Integration Solutions introduces Consolidate That! podcast
Complimentary Content Consolidate That! is a new podcast from Veterinary Integration Solutions that is hosted by Dr. Ivan Zak and Ryan Leech. It focuses on critical corporate topics in the veterinary business. The episodes will center on improving clinical care, customer and employee experience, combining proven processes with modern technology, and ways to expand … [Read more...]
New guide for sustainable acquisition and integration of veterinary practices
Complimentary Sponsored Content from Veterinary Integration Solutions The rapid growth in the demand for veterinary services, coupled with aging veterinary practice owners and changing expectations from veterinary employees, promises to fuel ongoing practice acquisition by … [Read more...]
Burnout Survey reveals high risk of veterinary technician burnout
A second portion of Dr. Ivan Zak’s dissertation reveals veterinary technicians have a dangerously low level of job satisfaction, which is substantially worse than doctors’ satisfaction rates. Source: Veterinary Integration Solutions, November 9, 2020. Link. Often, techs are the undervalued force in the clinic setting and are stretched thin with the heavy caseload, excessive … [Read more...]
Younger veterinary professionals are more vulnerable to burnout
Complimentary Content Dr. Ivan Zak released the first results of the Burnout Survey, conducted as part of his MBA dissertation. The survey reveals some predictable outcomes, proving that burnout is one of the more important issues negatively affecting the veterinary profession. Zak found a disturbing direct correlation between the age of the respondents and the burnout … [Read more...]