Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: The trend of private equity and corporate acquisitions of veterinary practices across the nation is likely contributing to increased veterinary service costs for pet owners in Louisiana, similar to the national pattern.

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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.