Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: Utahns, like other American pet owners, are likely experiencing increased veterinary service costs as national trends of private equity and corporate acquisitions of veterinary practices affect the state's animal care landscape.

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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.