The initial round of research indicates that data availability is adequate on this topic.
Guilt and Ethics
- Given the increasing humanisation of pets, small animals veterinarians are now faced with an ethical dimension, and would feel guilty to raise prices, and pricing out treatment for injured or sick pets who represent everything for their owners.
- The main motivation of veterinarians was to care for animals and profit was not a priority for a long time.
- As a solution to solve this feeling, veterinarian practices could elaborate a clear profit generation policy and clearly communicate it to all staff.
- Some practices might give excessive discounts that might not be intentional, or might be given unevenly and not be part of a practice policy.
- The charging policy might not be clear enough and not defined properly.
Excessive Drugs and Supplies Expenses
- Some Veterinarians are not aware of their inventory levels or could wrongly estimate the real amounts of inventory, which would incur extra costs.
- It is crucial to conduct a thorough inventory twice a year.
Veterinarian Daily Tasks
- Surgery is conducted in the mornings usually.
- This involves drawing blood samples, and other surgery preparation procedures.
- Appointments can then be conducted late mornings which include visits and vaccinations.
- Afternoons would involve more appointments, patient visits, x-rays, and communications with owners.
After one hour of research, and given that data was available for the primary research regarding main profitability issues for small pets veterinarian practices, we managed to collect a few issues and potential solutions to overcome them. In addition, we also started to collect some information about the daily tasks of a small pet veterinarian. However, as this was the alternative topic, and data is slightly harder to find, we did not have time to fully gather all the information. If this alternative topic should be explored further, please indicate this in the following proposals below.