Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: The trend of veterinary practice acquisitions by private equity firms is likely contributing to increased pet care costs for Oregonians, impacting household budgets across the state. This mirrors national trends where such consolidations often precede price adjustments in services.

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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.