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How We Support Our Veterinary Practices and Partners

Want to be a practice owner with an experienced partner? We offer practice ownership to entrepreneurial veterinarians motivated by leadership and growth. We partner with DVMs in existing practices, start-up practices and acquisitions of new practices.

This is what Vets Pets does best:

Customized leadership and mentorship for veterinarians and practice managers, including:
  • Expansion or addition of new services and products (Dental x-ray, ultrasound, acupuncture, grooming, wellness plans, new surgical procedures)
  • Operational efficiency and process (time management and segregation of responsibilities for team members; evaluating and implementing new technology)
  • Navigating and developing key relationships (colleagues, clients, teams, etc.)
  • Setting and managing goals and progress for individuals and their practice
  • Establishing and meeting financial and performance goals
  • Discussing and resolving issues (client complaints/issues, medical issues, team conflict or drama, competition, culture issues, etc.)
Human Resources:
  • Payroll
  • Recruiting / new hire processing (job postings, background checks, new hire paperwork)
  • Employee relations advice, support and mentorship
  • Health Insurance, 401(k), workers compensation insurance administration
  • Policies, procedures and forms for training, reviews, disciplinary actions, etc.
  • Department of Labor, Affordable Care Act and other regulatory annual filings
Operations Management:
  • Practice oversight provided by Vets Pets’ Medical Directors and Operations team
  • Frequent calls and meetings between Vets Pets management and practice leadership
Information Technology:
  • Practice management software set-up or changes
  • Management of third-party vendor relationships for hardware and networking
  • Resources for new communication platforms implementation and management
Purchasing:
  • Assistance with tag system and inventory management
  • Competitive distributor contract pricing for medicine, supplies and equipment
  • Competitive commercial lab contract pricing
  • Online Staples account for office supplies
  • Relationships and contacts with vendors for all needs
Accounting:
  • Policies and procedures for end of day processing, accounts receivable, etc.
  • Invoice entry and bill payment
  • Monthly financial statement preparation
  • Expense management
  • Monthly sales tax payments
  • Oversee tax preparation and payments
  • Issue 1099s for contract labor
  • Annual third party CPA firm conducts financial Audit
Finance:
  • Reporting and performance analysis
  • Monthly doctor production calculation
  • Cash management and budgeting
  • Lender relationships for loan needs and processing
Marketing:
  • Website design and creation
  • Reminder set-up and management
  • Pricing
Facilities:
  • General maintenance
  • New construction
  • Renovations
  • New site selection and development

Taking the Next Step

If you’re interested in working with Vets Pets, let’s start a conversation. We enjoy speaking with veterinarians who are interested in joining an existing practice, selling their practice, entering a practice partnership / co-ownership opportunity or starting a completely new practice.

Let us know how we can help you create your ideal partnership and we’ll be in touch with you to schedule a formal introduction.

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