BUSINESS OF MEDICINE
How to Reduce Accounts Receivable
By Tom Rosenthal
Veterinary medicine is not just a calling, it’s a business, and survival of your practice depends on developing an effective accounts receivable culture, said Linda Hagerman, DVM, of Tacoma Equine Hospital in Washington, at the AAEP Annual Convention 2022.
Cornell Offers New Certificate in Veterinary Business and Management
The Cornell University College of Veterinary Medicine launched a new Certificate in Veterinary Business and Management, providing veterinary students an opportunity to pursue advanced training in business and management disciplines.
Creating a Safe Place for Equine Veterinarians and Staff
By Marie Rosenthal, MS
Every veterinarian knows that turnover is high in their chosen field. Ann Stacey Cordivano, DVM, wagers it is worse for equine practice. “You have probably all now heard the statistic that we lose 50% of practitioners within the first 5 years,” said Dr. Cordivano, the owner of Clay Creek Equine Veterinary Services in Pennsylvania.
Now, Later, or Never: Evaluating Your Practice for Sale or Other Options
By Cath Paulhamus
Business has been booming for equine veterinary practices during the pandemic, according to Mike Pownall, DVM, MBA, a partner at McKee-Pownall Equine Services. Working from home and unable to vacation, clients are spending more time with (and money on) their horses, Dr. Pownall said at the 67th AAEP Annual Convention. The profession is busier than normal, but often working with fewer staff—and not enough graduating veterinarians are joining practices.