Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: The trend of private equity and corporate acquisitions of veterinary practices could lead to increased costs for pet owners across Arizona, affecting household budgets and access to veterinary care within the state.

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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.