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hlthe2b

(114,735 posts)

1. I know they have rapidly driven private clinic owners out of business in areas across the US.

Reply to Auggie (Original post)

Wed Sep 29, 2021, 12:18 PM

Sep 2021

Their predatory practices in smaller communities have led to suicides. Some of them get reported in the news, but most don't.

The average pet owner is not served by this "profit at all cost" consolidation. These corporations are not unlike those buying up medical clinics and trying to drive physicians/veterinarians to practice "PROFIT" medicine rather than focused "standard of care" medicine.

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Highlight:

Private Equity is buying up veterinary clinics and pet hospitals: a "Future-Proof Enterprise" [View all] Auggie Sep 2021 OP

I know they have rapidly driven private clinic owners out of business in areas across the US. hlthe2b Sep 2021 #1

One possible benefit but it's unlikely to happen IMO ... Auggie Sep 2021 #4

Mars is big in both Vet services and pet foods. Klaralven Sep 2021 #10

We have a Blue Pearl and a locally SharonClark Sep 2021 #11

Thanks for sharing. Very interesting. Auggie Sep 2021 #15

Financing Johnny2X2X Sep 2021 #2

From the OP: a 4-5x return over three years. Guess financing is one way. Auggie Sep 2021 #6

Everyone decries the practices of Banfield in this area. alphafemale Sep 2021 #3

It has become more difficult to find an independent vet MissB Sep 2021 #5

How many animals do you have? SharonClark Sep 2021 #12

More than MissB Sep 2021 #13

A vet who worked for a private practice moved to a practice that was bought by a corporate Klaralven Sep 2021 #7

I mentioned up thread the possibility of some positives Auggie Sep 2021 #9

I'm sure you're right that it's a big factor, but spooky3 Sep 2021 #8

This happened to our vet Patton French Sep 2021 #14