Fees 2021: The Culture of Communicating Value People drive the financial health of any veterinary practice. Your people make recommendations and present pet owners with treatment plans that have fees attached to them. People who own pets accept or decline these recommendations. Their compliance and acceptance of your fees drives revenue. How fees are [...]
Telehealth 2021: The Future is Here Brenda Tassava Medina of VetSupport and Denise Tumblin of WTA Veterinary Consultants, have teamed up again to create the second of their new format, which brings timelier benchmarks to you every 6 months, Telehealth: 2021 - The Future is Here. Purchase Your Copy of Telehealth 2021 Today Our [...]
The 2020 Well-Managed Practice® Revenue Benchmarks Study (WMPB®) is coming out soon and you can pre-order now by clicking this link Pre-Order Now! This year we have divided the study into four separate smaller books that focus on one subject at a time. We will publish one book every six months. Revenue is the first [...]
With the hunt for doctors and staff taking much longer than in the past, practices may need to rethink their hiring strategies. WellMP® continue to tell us they’ve found the most success with an online job posting. For associates, the AVMA is the top resource for both employers and employees. Word-of-mouth works well too, and [...]
The 2019 Well-Managed Practice® Benchmarks Study (WMPB®) is now available for purchase! Are you confident your practice is up to speed and maximizing its results? Throughout this year WTA Veterinary Consultants and VetSupport have been working hard to bring the veterinary community the latest insights, trends and benchmarks of the top practices in the country, [...]
You have probably noticed that technology is running full steam ahead with no signs of slowing down. Companies like Amazon delivering products, Chewy delivering diets & medications, 1-800-Pet Meds delivering medications, WhiskerDocs providing telemedicine and mobile clinics providing low cost services are taking your revenue. So, how do you compete with the new marketplace? Kurt [...]
If you are considering becoming a practice owner, you’re probably feeling a lot of excitement—as well as a healthy dose of fear. Taking on practice ownership is a big responsibility, but it offers a wide range of rewards, too. As owner, you’ll be the one defining its direction, growth, and standard of care. You’ll also [...]
Boring. Robotic. Unproductive. A game of word association or a description of your team meetings? If you chose the latter of the two, read on for some easy tips to help put the spark back into your team meetings and your practice! 1 Make it about them. Employ the “open mic” policy and share air [...]
Low ADT: The target ADT for the practice is $160 to $175 and the doctors’ actual ADT ranges between $125 to $155. Correction 1: Forward-book the patient’s next appointment for medical progress/follow-up appointments, dental prophylaxis, preventive care appointments, follow-up bloodwork, etc. to ensure patients receive the healthcare prescribed by the hospital’s medical protocols of care [...]
The road to veterinary practice ownership can be short or long, depending on the level of preparation on the part of the buyer who is considering a practice purchase. A potential buyer needs to take steps to position him or herself for loan approval three to five years before the practice ownership quest begins. These [...]
