Yay! Private equity thieves have moved into veterinary practices. By move, I mean, taken them over.
https://www.theatlantic.com/ideas/archive/2024/04/vet-private-equity-industry/678180/
Yep. And they’re buying up doggy daycares and boarding facilities, too. And in both cases they often keep the name so the clients don’t even know.
@whonat Mars Inc, as in candy owns several groups including Danfield. Prices spike. Tests increase and you are no closer to a diagnosis. If you can't pay, it is often referred to as "economic euthanasia."
Yep. I work for the boarding/daycare industry association and when they went for the vets we knew what was coming.
I successfully moved several of my pet sitting clients away from Banfield. My vet is still independent and tells me he would sooner close up shop than sell out to those devils. LOL
@Tuckertown crap, I had no idea my "local" vet was part of a national network. time to dig in and see who owns them
@rphlegm My vet hospital just changed hands and I plan to ask that uncomfortable question.
@rphlegm Low risk, high profitability. The same is happening in the realm of human medical facilities such as Oak Street Health and hospitals. MDs in ERs often work for a private entity farmed out to the ER.
@Tuckertown I am becoming disenchanted with late stage capitalism
@rphlegm I am disenchanted with unmitigated greed wrapped in the flag.
@Tuckertown 😑