Private Equity Veterinary Hospitals, New Searchable List
A famous, longtime writer in the veterinary space who I follow online shared a link to a new site that lets you search for private equity veterinary hospitals in the U.S. and U.K. When the big corporate consolidators, or corporations that own a lot of veterinary hospitals, buy what was once a privately owned veterinary hospital, they often do not change the name of the practice. Until now, it was also hard to know if that big company is actually owned / funded by private equity. It’s affecting veterinary patient care, client service, and even doctor and staff retention and morale. This quick post also includes links to documentaries on the effect of private equity ownership of newspapers and other news organizations.
Other Articles About Veterinary Consolidation
I’ve written about these issues of veterinary consolidation and veterinary corporations before. Here a a few links.
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Veterinary Consolidation Continues
I feel absolutely gutted to learn that yet another veterinary hospital we’ve used for 30+ years got gobbled up in veterinary consolidation. It’s the incredible facility (with doctors and others I consider friends) where we go for emergency and specialty care. When it got bought several years ago by one of the smaller veterinary corporations, I wasn’t thrilled, but I also consoled myself with the idea that at least they chose a smaller one. I imagined them banding together to fend off the veterinary consolidation giants. In December 2022, I learned they fell to the same huge company that also owns the general veterinary practice we use. It seems I cannot escape the long arm of NVA at least until someone bigger buys them too.
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Veterinary Noncompete Clauses and You
After my recent post about corporate veterinary consolidation and my concerns, I got a tip about about the related problems of veterinary noncompete clauses and how they affect veterinarian’s career options. It affects you too, as a veterinary client. Let’s take a look at how and even what the Federal Trade Commission may do about it.
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Clients Fired from Veterinary Hospital, Revisited
As we learn more about veterinary consolidation and veterinary non-compete clauses, it made me wonder what happens if people get fired as veterinary clients from a hospital or clinic that’s owned by a big veterinary corporation. If you’re banned by one, does that mean you’re banned by all facilities owned by that company? I asked around and got an interesting answer. Plus, don’t miss a peek at our latest partial litter of foster puppies (3 from a litter of 6) – photos and a video of them playing with Clover. Calling them the Birthday Bunch. Might name them all after CAKE.
Other Industries Affected by Private Equity Ownership
This is happening in a lot of industries and professions — from newspapers and media outlets to once tiny yarn companies. Yes, journalism and crafting are also affected.
List of Documentaries
Some of my former newspaper editors now run a news nonprofit here called The Colorado Sun. They recently sent an email about some documentaries that explain the effect of private equity on news organizations.
Stripped for Parts: American Journalism on the Brink By Rick Goldsmith