Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs
Veterinary care costs have increased for pet owners across the United States. This surge in prices coincides with a growing trend of private equity firms and large corporations acquiring veterinary clinics nationwide, a shift that observers are now examining.
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Why it matters locally: Florida, with its large pet-owning population, is likely to see similar trends in rising veterinary service costs and practice acquisitions, impacting pet owners across the state.
American pet owners are encountering higher expenses for veterinary services. This increase in cost occurs as private equity firms and major corporations acquire veterinary practices throughout the country. Paul Solman reported on this development.Related Topics
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