We’re excited to announce that Dr. Eric Ploumis has joined Wicklow Healthcare Advisory! With 40 years as a practicing orthodontist, 35 years as a dental transitions attorney, and a founding role in a successful DSO platform, Dr. Ploumis brings unmatched expertise to support dental practice owners planning their exit strategies.

In this article, Peter Tanella of Mandelbaum Barrett Law Firm discusses a major trend impacting veterinary hospitals: selling to corporate entities. With nearly 30% of veterinary practices now under corporate ownership, knowing how to approach a sale has never been more important.

At Wicklow Healthcare Advisory, we know that securing the right financing is a critical step in purchasing or expanding a veterinary hospital.

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.

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.

Imagine having a knowledgeable friend by your side as you navigate the intricate maze of selling your business. That's what Wicklow Healthcare Advisory brings to the table – seasoned expertise, industry insights, and a commitment to your success.

It's Tax Day—time to kickstart your planning! So, you're mulling over selling your business and pondering your legacy? Well, first things first: Take a deep breath in (three times, no less!), and let it out just as many. Feeling a bit overwhelmed? No worries! Just breathe, relax, and let's zone in.

Alright, time to pass the leash to a new owner and embark on a new journey. But let's make sure you get the best financial deal possible for your hard work. Ready? Let's talk about selling your veterinary practice.