Veterinary Practice Partners Expands by More Than 50% in Past Year, as Partnership-Focused Model Gains Traction with Veterinarians Nationwide | Business Wire

Veterinary Practice Partners Expands by More Than 50% in Past Year, as Partnership-Focused Model Gains Traction with Veterinarians Nationwide|Organization Wire

KING OF PRUSSIA, Pa.–( BUSINESS WIRE )– Veterinary Practice Partners (“VPP”), the veterinary community revolutionizing veterinarian practice ownership and support, grew even more than 50% within the previous year through brand-new collaborations and technique openings, increasing from 90 co-owned vet health centers and facilities in June 2022 to 140 locations throughout 27 states today.
VPP’s unmatched development signals raising traction for its separated partnership design. Amid a vet landscape controlled by a handful of big aggregators that focus on buying out doctors from their practices, VPP has pioneered an ingenious co-ownership version: VPP co-owns practices with vets, facilitating capital expense in their techniques and supplying development and mentorship possibilities.
“At Veterinary Practice Partners, we’re altering the landscape of vet method ownership and support, and this year’s excellent growth proves that an increasing number of vet medical professionals see us as their companion of option,” said John McDonough, CEO at VPP. “Our unique co-ownership version encourages veterinarians in all profession stages to attain their goals– whether that’s a current graduate trying to find mentorship possibilities, a long-tenured medical professional wanting to open a new practice or a vet navigating eventual retired life and seeking to determine a course to maintain their legacy alive. Our extensive suite of resources allows our partners to concentrate on providing the very best veterinary care feasible.”
While physician companions focus on offering remarkable healthcare for family pets, VPP provides a wide array of functional support abilities, consisting of money, audit and advertising, IT support, human resources, and staff recruitment. VPP’s mission of maintaining veterinary medicine in the hands of vets, its strategy to companion in all profession phases, and the emphasis available personnel vets an equity risk in their method develops chances for more recent doctors– a number of whom are women– to end up being technique proprietors a lot more efficiently than they can or else. It additionally guarantees that the traditions developed by seasoned veterinary owners will continue long past their retirement.
The most recent addition to the VPP community, El Paseo Animal Hospital, supplies a prompt instance of VPP’s distinguished model. After nearly a years of offering the Coachella Valley area as dedicated staff vets, husband and other half duo Dr. Rachael Jeffrey and Dr. David Jeffrey longed to own their very own technique, where best-in-class treatment of canines, pet cats, and unique animals would certainly be their key focus. By partnering with VPP, their imagine opening a method came to life, enabling them to continue to focus on the vet treatment they are enthusiastic concerning.
“As the most trusted partner-of-choice in a fast-changing sector, VPP recognizes the difficulties of taking care of both the clinical and business aspects of a technique,” stated Dr. Doug Aspros, Chief Veterinary Officer & Medical Advisory Board Chair of VPP. “Our one-of-a-kind community-based model highlights VPP’s promise to leave medicine in the hands of doctors. We empower companion medical facilities and facilities with the sources and education and learning to achieve exceptional pet care for family pets and their owners.”
Veterinarians curious about joining VPP or exploring co-ownership chances can find more details at www.vetpracticepartners.com.
REGARDING VETERINARY PRACTICE PARTNERS:
Based in King of Prussia, Pennsylvania, Veterinary Practice Partners (VPP) is a nationwide vet area changing veterinarian practice possession and assistance. With greater than 140 co-owned animal medical facilities and facilities nationwide, VPP has come to be an established partner of selection with its co-ownership design that allows veterinarians to concentrate on supplying high-quality individual care and cultivating a strong society at their private methods, while VPP provides operational support throughout knowing and hr, growth and recruiting, advertising, finance, and technology. For even more info on Veterinary Practice Partners, check out vetpartners.com.
Contacts George Spencer
BackBay Communications
John McDonough
President