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IT’S MORE DIFFICULT THAN EVER TO RUN A SUCCESSFUL VETERINARY BUSINESS
Veterinarians often tell us how stressed and busy their workday is. They feel bogged down with administrative and financial tasks while also trying to provide the best patient care. It’s easy for important issues to slip through the cracks.
LOST REVENUE PER YEAR
Up to
The average practice has more than 60% of inventory set up incorrectly – this
can lead to up to $26,250 in lost revenue in one year.
$26k
$26,250
In most practices, 9% of appointments are no-shows, potentially causing up to $94,500 in
lost revenue yearly in the average practice.
$94.5k
$94,500
Losing one appointment per day to a practice with more convenient scheduling
options leads to lost revenue of up to $84,000 yearly.
$84k
$84,000
In most practices, missed charges are responsible for 5%+ of lost revenue annually. In some practices, it can be as high as 30%.
30%
Total lost revenue per year: up to
$250k
$250,000
2
What if THAT COULD CHANGE?
IMPROVE BUSINESS PROCESSES
Achieve your practice's full potential by using practice management software that can simplify and streamline business processes, including inventory.
Improve customer engagement and make it easier for clients to make appointments with online appointment booking, automated reminders, and other powerful communication tools.
A FULL APPOINTMENT CALENDAR MAY NOT MEAN FULL PROFITABILITY
Many practices believe that a busy clinic and a full calendar mean a successful business. But they don't see hidden inefficiencies, such as untrained staff, missed charges, and inconsistent standards of care. Some practice owners may also have limited business management experience. These factors combined can drain profitability from a business.
Caring for customers & patients
Managing Staff
Setting standards of care
Maintaining standards
Marketing
Monitoring the competition
Managing pricing
Managing debt
Updating technology
Dealing with everyday challenges
2
THE REAL COST OF A NON-OPTIMIZED PRACTICE
In most practices, missed charges account for up to 5% in lost revenue yearly. In some practices, it can be as high as 30%.
Practices can spend an extra 3 minutes per client at checkout and 25 hours of reconciliation time per 500 swipes when credit card processing is not integrated with practice management software.
Computers in a busy veterinary practice are likely to last only 3 to 5 years. Older computers don’t support newer operating systems, and crashes and slow performance drastically affect staff productivity.
NEW CLIENTS ARE NOT RETURNING
3
WHAT IF YOU COULD WORK SMARTER, NOT HARDER?
Identify Opportunities to Boost Revenue and Profits
Access important metrics to measure and grow your practice.
Henry Schein Veterinary Solutions are now LEARN MORE
WHAT DOES IT MEAN TO HAVE FREEDOM?
Every veterinary practice – no matter the size or location – can have a great business. And we believe that a successful business is the means to a very important end.
When your business is prospering, you have the freedom to focus on what’s most important in your life—whether that’s having more time to treat patients each day, more time to spend with friends and family, or just simply more time.
We are helping veterinarians like you achieve the freedom that comes from a successful veterinary business.
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According to a recent article by Forbes, multiple near misses foreshadow almost all disasters and business crises, but most of those incidents are ignored or misread. A good example of [...]
Administration tasks are vital for helping create an efficient and smooth-running practice. However, getting bogged down with routine time-consuming daily functions can be a big distraction for any busy practice. [...]
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Success Stories
Success Stories
“Sparkline is the compass on my roadmap to business success. At the start of the month it gives me a detailed management level analysis to benchmark our performance against our strategic goals and expectations. Then year-on-year I can get a helicopter view to make sure that what I’m trying to achieve is coming to fruition and my company as a whole is meeting or exceeding industry standards.”
Dr Chris Reardon – Warwick Veterinary Clinic
Success Stories
“Rapport’s ability to integrate with AVImark is huge. There are other systems out there that are similar to Rapport, but without that integration, it actually causes more work for my staff.”
Stonebrook Veterinary Clinic
Success Stories
“I have been dealing with ImproMed/Henry Schein Veterinary Solutions Technical Support for nearly 20 years. Throughout that time I have dealt with many support staff and the common thread for the most part has been their professionalism and willingness to find the answer.”
Crossroads Vet
Success Stories
“I have used AVImark since the McAllister brothers were selling the demo. It has come a long way and it still has room to grow but overall it is the most user friendly of all the veterinary software systems I have used.”
The Pets Place Animal Hospital
Success Stories
“We have been customers since 1986 and we have always felt that ImproMed is here to help make our business.”
Caring for customers & patients
Managing Staff
Setting standards of care
Maintaining standards
Marketing
Monitoring the competition
Managing pricing
Managing debt
Updating technology
Dealing with everyday challenges
