Veterinary Practice Acquisitions Drive Industry Change Amid Rising Costs

Why it matters locally: Hoosier pet owners are likely to experience similar trends in rising veterinary costs as private equity firms and corporations acquire practices across Indiana, potentially limiting independent options and consolidating pricing power.

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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.