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A dentist sent me a text last spring that read, in full: “They offered 85% of collections. Is that good?” It is a fair question and an impossible one. Eighty-five percent of collections might be excellent. It might be well below what the same practice would clear in a competitive process. Nothing in that sentence…
Read More >>Key takeaways Published compensation is the floor, not the total: companion-animal associates earned a mean of $146,196 and a median of $133,000, while new-graduate starting compensation was near $130,000. Salary compression has changed the negotiation: the inflation-adjusted gap between new-graduate and established veterinarian compensation narrowed to 19%, down from 93% in 2001, in the latest…
Read More >>Key takeaways State law decides what enters the marital estate. Acquisition timing, marital contributions, agreements, tracing, and goodwill can all change the classified value. A divorce appraisal and a sale estimate answer different questions. One follows a legal assignment; the other tests real buyer demand and negotiated terms. A sale is not automatic. An offset,…
Read More >>Key takeaways The choice is broader than another job ad because relief coverage, schedule redesign, a better recruiting round, and a possible sale solve different versions of the problem. Relief is a capacity tool and represented 9.1% of private-practice veterinarians in AVMA’s 2024 census, but one vendor’s hourly average is not a universal local quote.…
Read More >>Key takeaways A 50/50 interest is not automatically a discounted minority stake. Appraisers analyze lack of control and lack of marketability separately, then account for voting, veto, blocking, and swing rights. A whole-practice sale answers a different valuation question. It prices 100 percent of the practice, while a partner buyout values the specific interest and…
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