The Corporate Takeover of Vet Care

Tim Conway Jr Show Hour 3 (5.26)   Corporations are targeting the veterinary world because the business model is almost too good to ignore. Pet care is considered recession-resistant because roughly two-thirds of American households' own pets, and most people now treat their animals like family. That means owners are often willing to pay for care even when budgets are tight. Add in the “silver tsunami” of baby boomer veterinarians retiring and selling their clinics, and suddenly there is a flood of practices available for deep-pocketed buyers. Then comes vertical integration: the same large players can own the clinic, the lab, the medicine, the diagnostics, and even the pet insurance. That is how companies make money at every step of the process. Private Equity Vets, Pet Insurance, Vet Clinic Buyouts, Recession Proof Business, Silver Tsunami, Corporate Healthcare, Vertical Integration, Pet Economy, Veterinary Costs, Animal Care See omnystudio.com/listener for privacy information.