Veterinary Services

We deliver information veterinarians need to get control of their clinic’s financials and maximize profitability and productivity.

If all you had to do to succeed was treat animals then every veterinary practice would be a gold mine. The reality is a veterinary practice is complex; veterinarians have to deal with everything from never-ending staffing issues to trying to figure out what services and products are profitable, with each issue having a direct impact on the bottom line.

Here are some of the ways we can benefit you and your practice:

Industry Benchmarks

We specialize in getting your practice financial reporting under control, giving you powerful information tools for sound decision making. Our accounting team analyzes the financial reports and explains what it all means and what changes to make to achieve greater profitability and smoother operations. We evaluate your practice financial reports against industry benchmarks. By going beyond the numbers we build sound veterinary practices that meet the financial goals of our clients.

Financial Analysis & Consulting

Determine the meaning of the financial statements and take actions to capture opportunities and avoid costly mistakes

Monthly or quarterly discussion of what the financial statements really mean
Pricing analysis to see if you are leaving money on the table
Industry comparison showing how you are doing compared to clinics regionally and nationally
Establishing a budget to give you control of overhead expenses
Inventory management to improve ROI

Decision Analysis

Discuss decisions that can impact your income and future

Entity selection
Marketing
Partnerships
Loan application preparation
Analyze financing options
Financing retirement
Feasibility analysis of major equipment purchase/lease
Buy/build analysis of facilities
Due diligence of clinic acquisition or merger
Exit strategies

Compliance

Meet governmental reporting requirements

Sales tax
Payroll tax
Income tax

Accounting & Bookkeeping

Gather information for key financial reports to keep your practice on track. We work with most practice management systems

Bookkeeping
Preparation of financial statements (following AAHA guidelines)

Clinic Issues

Get your clinic’s operations functioning smoothly

Separation of duties to limit any one employee’s access to financial matters
Establish sound financial policies and procedures to assure secure, complete and accurate information
Training of staff on proper financial transaction processing, record keeping
Establish medical standards of care
Staff compensation and benefits
Secret shopper and marketing analysis