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What Should I Be Focused On? KPIs for Veterinary Hospitals
Running a veterinary hospital is a lot like managing any other healthcare facility – it’s important to keep an eye on various Key Performance Indicators (KPIs) to see how things are going. These KPIs give you a clear picture of your hospital's financial health, operational success, and the quality of care you're providing.
But my practice has so much potential!
Valuing professional practices like those of veterinarians and dentists can be complex. Unlike tech startups, these practices are usually assessed based on historical financial performance rather than future potential. This conservative approach is due to their nature, risk profiles, and specific valuation metrics. In this article, we'll explore why buyers often prioritize past financial performance over potential growth for veterinary and dental practices.
The DSO Decision: Strategic Considerations for Selling Your Dental Practice
If you're reading this, chances are you're nearing retirement and contemplating selling your dental practice. First, congratulations on reaching this significant career milestone.
Nearing Retirement: Dental
If you're reading this, chances are you're nearing retirement and contemplating selling your dental practice. First, congratulations on reaching this significant career milestone.
Challenges of Selling a Dental Practice
Whether you're dreaming of owning a dental practice or considering selling your dental business, you're embarking on a unique journey. Unlike any other business, dental practices come…
Private Equity Offers for Veterinary Hospitals
Are you a veterinarian who's received an unsolicited offer for your veterinary hospital? If so, it's important to tread lightly in the world of private equity-backed corporate buyers.