Reviving the Dream: Considerations for Practice Ownership

This program is designed for veterinary professionals seeking to explore and adopt traditional and non-traditional models of practice ownership. Participants will gain comprehensive insights into various ownership structures and operational strategies that align with modern demands and personal goals. The course will cover a range of topics, offering practical knowledge and inspiration for creating a veterinary practice that enhances quality of life and overall wellbeing.

In the evolving field of veterinary medicine, traditional practice ownership models often come with significant challenges that can affect the quality of life and overall wellbeing of veterinary professionals. This presentation, "Reviving the Dream: Innovative Practice Ownership Models for Enhanced Wellbeing and Quality of Life in Veterinary Medicine," explores forward-thinking approaches to owning and operating a veterinary practice. By examining diverse and innovative ownership models, this session aims to provide veterinary professionals with practical insights and strategies to achieve a balanced, fulfilling career in veterinary practice ownership.

By the end of this course, participants will be able to:

  Remembering:

• Identify and recall various non-traditional veterinary practice ownership models.
• List the benefits and challenges associated with each ownership model.

  Understanding:

• Explain the key concepts and strategies behind different non-traditional practice models.
• Describe the process of implementing a mobile veterinary clinic or a telemedicine service.

  Applying:

• Develop a preliminary business plan for a chosen non-traditional practice model.
• Use provided templates and checklists to start the process of setting up a new practice model.

  Analyzing:

• Compare and contrast traditional and non-traditional practice ownership models.
• Evaluate the feasibility of different ownership models in various market conditions and geographic locations.

  Evaluating:

• Assess the potential risks and benefits of transitioning to a non-traditional practice model.
• Critically evaluate case studies and examples of non-traditional practices to identify best practices and common pitfalls.

  Creating:

• Design a strategic plan to implement or transition to a chosen non-traditional practice model.
• Formulate innovative solutions to potential challenges in non-traditional practice ownership.