Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: Tennesseans may experience increased veterinary service costs as private equity firms and corporations acquire local practices, similar to national trends. This could affect the accessibility and affordability of pet care across the state, which has a significant pet-owning population.

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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.