Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: Colorado's pet owners may experience similar increases in veterinary service costs as private equity and corporate acquisitions of practices continue statewide, potentially impacting access to affordable pet healthcare across 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.