"This website is not Kale approved - Dr. L will build a better one"
- Steven Hermann
Join us on The Vet’ed Podcast as we dive into the world of veterinary practice ownership and management. This episode covers the intricate details and considerations involved in owning and running a successful veterinary practice. We start with a discussion on the perception of high costs in veterinary care, exploring the investments required for quality service provision. Next, we delve into the considerations for entering ownership in a veterinary practice, including financial preparedness and having essential conversations with current owners. We discuss personal and professional factors in assessing readiness for ownership, such as workload, responsibility, and financial planning. The conversation then shifts to navigating the process of buying or starting a practice. We cover strategies for finding and approaching potential practices for purchase or partnership, emphasizing the importance of networking and proactive engagement. The episode also includes a detailed discussion on financial planning, negotiation, and decision-making in practice acquisition, highlighting the significance of communication and alignment between all parties involved. Whether you're a seasoned veterinarian considering ownership or a recent graduate exploring your options, The Vet’ed Podcast provides invaluable insights and advice to help you navigate the journey of veterinary practice ownership. Tune in to gain expert perspectives, practical tips, and real-life experiences from industry professionals.
Episode 10
Is Veterinary Ownership in Your Future?
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In this interview, James Rericha, owner of R Veterinary, discusses his journey and experiences in running a veterinary practice. The conversation highlights his partnership with his wife, Dr. Katie Rericha, and their shared vision of innovating and growing their business while maintaining independence from private equity influence. James discusses his entrepreneurial journey, emphasizing his and his wife Katie’s commitment to the veterinary industry. They started their first clinic in 2016 and have since expanded to eight clinics, despite initial challenges like staff turnover and the financial struggles of new acquisitions. James highlights the importance of having a supportive partner and the guidance he received from the ProPartners Team in growing his business. James emphasizes the importance of having a good support system and being adaptable in the veterinary industry. He talks about the challenges they faced during their first acquisition, such as staff turnover and learning to manage a business. Over time, they expanded their practice to eight locations, focusing on empowering practice managers and ensuring a good cultural fit within their team. He reflects on the value of private ownership, the benefits of building a strong, supportive team, and the long-term goals of expanding their business sustainably.
Episode 9
Interview with James Rericha,
owner of R Veterinary.
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Welcome to Episode 8, where we focus on enhancing veterinary practice management. The episode begins by outlining the podcast's goal to educate, advocate, and inspire veterinarians. It draws a parallel between the meticulous work ethics of comedians like Jerry Seinfeld, who dedicates time daily to writing jokes, and the need for preparation in veterinary businesses. The discussion covers the importance of Key Performance Indicators (KPIs), practice dashboards, and consistent service delivery, stressing the need for preparation in client interactions and service quality. It also addresses challenges such as discrepancies in billing and service consistency, advocating for systematic evaluation and improvement of practice metrics. The episode emphasizes the importance of communication, consistency in service delivery, continuous improvement, and adaptability. Finally, it encourages listener engagement and feedback to foster a community of continuous learning and sharing within the veterinary field.
Episode 8
Practice Vital Signs - Pt. 2 of 2 - ACT and More
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Welcome to Episode 7! In this episode, we got a chance to sit with Jason Merckling, a regional sales manager at IDEXX. He shed light on his life, journey to IDEXX and how important veterinary medicine and technology is.
Episode 7
Special guest: Jason Merckling. Regional Sales Manager at IDEXX.
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Welcome to Episode 6! In this episode, we embark on a deep dive into the financial vital signs of a business. Just as vital signs are essential indicators of health, understanding key metrics is crucial for the success of any enterprise.
Episode 6
Delving into the financial vital signs of a business! Examining the pulse of success.
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Episode 5
Interview with Dr. Jessica Stroupe of Howard County Veterinary Service
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In episode 4, Steven and Kale engage in an enlightening discussion about core values and culture within the industry.
Discover how these foundational principles shape the fabric of veterinary practices and contribute to a nurturing environment for both professionals and clients alike.
Episode 4
Core values & Culture
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In Episode 3, we had the pleasure of interviewing Dr. Zach Whitehead from Ellisville Veterinary Hospital. Join us as we delve into his inspiring journey of becoming a practice owner, his childhood aspirations, insights into his company culture, and much more. It's a conversation filled with wisdom, experience, and passion for veterinary care. Tune in and discover the fascinating story behind one veterinarian's path to success.
Episode 3
Interview with Dr. Zach Whitehead, DVM -
Ellisville Veterinary Hospital.
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In Episode 2, we dive into the realm of client experiences within veterinary practices. Join us as we explore the journey that practices undertake in shaping their client experiences.
Episode 2
Client experiences
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In our pilot episode, Episode 1. We embark on the exciting journey of launching the Vet"ed podcast. Join us as we delve into the motivations behind starting this podcast, sharing personal life journeys, insights into our company's path, and our aspirations for making a mark in the veterinary industry. It's an intimate exploration of why we're passionate about what we do and the impact we hope to create through this podcast..
Episode 1
Why are we doing this?
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