Why Compare?

How do you analyze the net profit in your practice?

A.re you a good driver?  Research indicates that greater than 90 percent of us would answer “Yes.” And yet, the truth is that a lot fewer of us are as good at driving as we think we are. We can ask the same question about our businesses: Are you a good practice owner and are there good business processes in your practice? My guess is that most equine practitioners would say, “Yes; we have a nice practice and do fairly well.” But how does your practice compare to those of your peers?  Most practitioners don’t know. Comparisons made over drinks at meetings may help you feel as though you’re on the right track, but they don’t help you increase your revenue, improve patient service or retain clients in a quantifiable way. As individual veterinarians, our practices are as unique as the veterinarians running them. We may convince ourselves that our knowledge, skill levels, experience and business acumen are better than those of anyone else in the marketplace, but how do we really know?  This is where the concept of benchmarking comes into play. Benchmarking allows us to compare our practices to others in a real and... Continue Reading

More Articles

Estimating the Prevalence of Equine Recurrent Uveitis and the Associated Loss of Value from Visual Impairment in Horses in the United States

by Kimberly S. Brown

A poster as presented at the 2015 International Society for Pharmacoeconomics and Outcomes Research (ISPOR) in May 2015 titled, "Estimating the Prevalence of Equine Recurrent Uveitis and the... Read More

Are Emergencies Stressing You Out? You’re Not Alone!

by Amy Grice, VMD, MBA

Earlier this year, a young practitioner posed a question about emergency compensation on the AAEP New Practitioners listserv. This led to a short survey being posted on this community’s listserv, and responses were collected from 69 veterinarians. Read More

Pay Up: The Power of the Paperclip

by Lisa Munniksma

It’s important to have a plan in place to keep your accounts current and your clients out of debt to the clinic, both for your bottom line and with your clients’ best interest in mind. Read More

Current Issue

AAEP Risk-Based Vaccinations: State of the Industry
The American Association of Equine Practitioners (AAEP) defines risk-based vaccines as those that are included in a vaccination program after the performance of a risk-benefit analysis by a... Read More
USEF Vaccination Rule Change
Proactive policies have been put in place to protect horses. Read More
Teaching Biosecurity at Shows & at Home
Here are tips about educating clients and facility managers before disease causes a problem. Read More
Communications for Client Compliance
In your clinical vision of how to approach a horse's problem, you probably have specific steps mapped out in your mind in order to arrive at a good outcome. Yet, in veterinary medicine, one of... Read More

Featured Product

Win Up To $10,000 Worth of Hay from Horse Health Products!

A glorious summer of riding is the best part of horse ownership. Whatever your preferred discipline, the joy of being on horseback pushes away all thoughts of stacking bales of hay for the long, cold winter. But soon the season will change, the temperature will drop and horse owners will have to face the expense of buying winter hay. This year, one lucky winner will get an entire winter’s supply of hay paid for by Horse Health Products – *up to $10,000 cash towards the purchase of hay payable to the winner’s hay vendor or winner, as applicable. Download the Official Rules on this page for details. “Previous Winter Hay Sweepstakes winners Jolene of Osceola Thoroughbred Farm, and Elyse of Wind Song Farm, were both delighted to save the money they normally spent on their annual winter hay purchases,” said Alyssa Barngrover, marketing manager, Horse Health Products. “Hay is one of the most essential needs for horses, with the average 1,000-pound horse... Continue Reading


EIPH Research a Fundraising Priority for AAEP Foundation
The AAEP Foundation, the charitable arm of the American Association of Equine Practitioners (AAEP), today announced its designation of exercise-induced pulmonary hemorrhage (EIPH) research as a... Read More
EDCC Reports WNV in Oregon and Minnesota; EEE in New York
The Equine Disease Communication Center (EDCC) has reported the first 2016 West Nile virus case in Oregon; four additional WNV equine cases in Minnesota; plus an equine EEE death in New York. Read More
WNV Cases in Kentucky
The following information comes from Rusty Ford, Equine Programs Manager from the Kentucky State Veterinarian's office. These are the first two confirmed cases of WNV in Kentucky this year. Results... Read More
The AVMA PLIT Names Dr. Andrew Clark as Interim CEO
Andrew Clark, DVM, MBA, has been named interim chief executive officer of the American Veterinary Medical Association (AVMA) PLIT. Clark will succeed Dr. Janet Donlin, who has been named executive... Read More

From Our Sponsors

Recent Articles

The Millennial ‘Job Hopper’ Issue
According to an article on Gallup.com, 71% of Millennials (those born between 1980 and 1996) are either "not engaged" or "actively disengaged" at work. The key to hiring and... Read More
Communicating with Younger Clients
Different methods of providing information are needed with younger clients. Read More
‘Forward, March’ For Horse Welfare
The AAEP Foundation is working behind the scenes to advance the welfare of horses around the world. Read More
Mental Health and the Veterinary Industry
Here are ways to recognize signs of mental health problems and to assist at-risk colleagues. Read More

Most Read

Veterinarians Get a Leg Up in the War Against Equine Dermatitis
EPD is not a specific diagnosis. It is a syndrome. A term--scratches, dew poisoning, greasy heel, mud fever, foot rot, cracked heels--to describe cutaneous lesions caused... Read More
Madigan Foal Squeeze Procedure for Neonatal Maladjustment Syndrome
Veterinary researchers at the University of California, Davis, are teaming up with their colleagues in human medicine to investigate a troubling disorder in newborn horses and are exploring possible... Read More
FDA Issues Warning Letters for Unapproved Omeprazole Drugs Marketed for Use in Horses
The U.S. Food and Drug Administration has issued nine warning letters to companies arketing unapproved animal drugs containing omeprazole. These products have not been reviewed by the FDA for safety... Read More
Vétoquinol Launches Zylkene Equine Veterinarian-Exclusive Supplement for Behavior Support
Equine veterinarians in the United States now have access to Zylkene® Equine, the only veterinarian-exclusive supplement formulated with alpha-casozepine to help support behavior management.... Read More