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Surgical Skills are a Specialty. Let’s Start Charging Like It.
Let’s talk about something that’s long overdue: raising surgical fees in general practice. In a field where costs are climbing, staff are burning out, and client expectations keep evolving, one thing has stayed strangely stagnant: what we charge for veterinary surgery.
10 Strategies To Make Your Veterinary Hospital Stand Out
Marketing a veterinary hospital takes way more than having a nice website and hoping pet owners find you. You’ve got to build trust, create memorable experiences, and stay top-of-mind for pet parents. Here are 10 creative, strategic ways to help your business stand out, bring in new clients, and keep current clients coming back.
Top 3 myths told to aspiring veterinary hospital owners
At Wicklow, we often talk to associate veterinarians who are considering ownership but aren’t sure if it’s possible. Often, what’s holding them back is misinformation. That’s why we’re featuring this insightful article from Anthony Principe, VP at Bank of America Practice Solutions. Anthony explains the most common myths told to aspiring practice owners and why ownership is more feasible than you might think.
Preparing Your Veterinary Hospital for Sale: Your Facility Matters
Selling a veterinary hospital is a major transition that requires strategic planning and investment to maximize value. Whether you're looking to retire, relocate, or simply move on to new ventures, ensuring that your facility is modern, compliant, and market-ready can make a significant difference in attracting buyers and securing a profitable sale.
Join us in welcoming Dr. Eric Ploumis to the Wicklow team
We’re excited to announce that Dr. Eric Ploumis has joined Wicklow Healthcare Advisory! With 40 years as a practicing orthodontist, 35 years as a dental transitions attorney, and a founding role in a successful DSO platform, Dr. Ploumis brings unmatched expertise to support dental practice owners planning their exit strategies.
Selling to Corporate Entities
In this article, Peter Tanella of Mandelbaum Barrett Law Firm discusses a major trend impacting veterinary hospitals: selling to corporate entities. With nearly 30% of veterinary practices now under corporate ownership, knowing how to approach a sale has never been more important.
Being “bankable”: How to prepare yourself financially to purchase or start a veterinary hospital
At Wicklow Healthcare Advisory, we know that securing the right financing is a critical step in purchasing or expanding a veterinary hospital.
What Should I Be Focused On? KPIs for Veterinary Hospitals
Running a veterinary hospital is a lot like managing any other healthcare facility – it’s important to keep an eye on various Key Performance Indicators (KPIs) to see how things are going. These KPIs give you a clear picture of your hospital's financial health, operational success, and the quality of care you're providing.
But my practice has so much potential!
Valuing professional practices like those of veterinarians and dentists can be complex. Unlike tech startups, these practices are usually assessed based on historical financial performance rather than future potential. This conservative approach is due to their nature, risk profiles, and specific valuation metrics. In this article, we'll explore why buyers often prioritize past financial performance over potential growth for veterinary and dental practices.
Private Equity Offers for Veterinary Hospitals
Are you a veterinarian who's received an unsolicited offer for your veterinary hospital? If so, it's important to tread lightly in the world of private equity-backed corporate buyers.
Steps to Buying a Veterinary Hospital
So, you're dreaming of owning your own veterinary practice? That’s great! But there's a financial journey ahead. Let's dive into how you can get financially prepared to make that dream a reality.
Challenges of Selling a Veterinary Hospital
Are you a passionate veterinarian considering selling your veterinary hospital? Perhaps retirement beckons, or you're ready to embark on a new adventure. While the prospect of selling…
Why Sell with Wicklow?
Imagine having a knowledgeable friend by your side as you navigate the intricate maze of selling your business. That's what Wicklow Healthcare Advisory brings to the table – seasoned expertise, industry insights, and a commitment to your success.
Happy Tax Day
It's Tax Day, which means it’s time to kickstart your planning for next year. Are you mulling over selling your business and pondering your legacy? Take a deep breath, relax, and let's sort this out together.
Introduction to Wicklow
Alright, time to pass the leash to a new owner and embark on a new journey. But let's make sure you get the best financial deal possible for your hard work. Ready? Let's talk about selling your veterinary practice.