Questions and answers on veterinary practice management - Veterinary Economics
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Practice Management Q&A
Source: VETERINARY ECONOMICS

Calculating ProSal based on net versus gross production

May 12, 2014

Q: Currently, we are paying our doctors a base salary plus a 22 percent production bonus quarterly. While my boss thinks it's more fair to the company to calculate production based on net numbers rather than gross, we have another doctor who feels the opposite. Is there an industry standard on such things?

Source: VETERINARY ECONOMICS

Determining water consumption in animal care facilities

May 8, 2014

Q: At our veterinary practice, we're considering the addition of grooming and kennel facilities. First, though, we'd like to know: what should we expect for the clinic's water consumption for each boarded dog?

Source: VETERINARY ECONOMICS

Welcoming a new hire to your veterinary team

October 1, 2013

Q. Our practice just hired a new person who's replacing an employee who was very close to all her coworkers. How do I ensure my employees are warm and welcoming to the new hire?

Source: VETERINARY ECONOMICS

Post-recession: Is it time for veterinary practices to match 401(k) contributions again?

October 1, 2013

Q. We stopped matching 401(k) contributions when the recession rolled in, but employees are asking when we're going to start up again. What are the pluses to matching contributions?

Source: VETERINARY ECONOMICS

Calculating a fair veterinary salary

September 1, 2013

Q. I've heard that a practice owner shouldn't pay an associate more than 25 percent on production. But I work in a practice where three veterinarians share one technician. What would be a salary for circumstances like these?

Source: VETERINARY ECONOMICS

Discussing veterinary team problems

October 1, 2012

As an associate, what do I do about team management problems when I don't have the authority to address them?

Source: VETERINARY ECONOMICS

Q&A: No deal on a professional discount

February 1, 2011

My practice regularly refers cases to a nearby specialty practice. Recently my own dog became sick, and the clinic offered me a disappointingly meager discount for its services. Am I expecting too much? Is there a standard for professional discounts?

Source: VETERINARY ECONOMICS

Q&A: Recognize your hard workers

June 9, 2010

Other than bonuses or financial incentives, how can I reward team members for a job well done?

Source: VETERINARY ECONOMICS

Q&A: Find the leaders in your practice

January 1, 2009

Finding the leaders within your staff can benefit your practice's efficiency and profitability.

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