Charlotte healthcare partner LauraLee Lawley and associates Chris DeGrande (Chicago) and Alexis Reynolds (Charlotte) explained in the May edition of Health Care Law Monthly why veterinary practices and veterinary service organizations are becoming popular investment opportunities.
An increased emphasis on preventive care and wellness for pets, the growing field of pet insurance and expanding digital marketing and treatment options are some of the factors driving growth in the market, the authors noted.
Their article provided an overview of veterinary practice ownership models, potential pitfalls investors should consider, and recent deals and consolidation efforts.