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BREAKING: Veterinary practices will be required to publish prices of common treatments so pet owners can shop around and choose the best value option, according to government proposals

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Peter Stefanovic

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36,209 просмотров • 7 месяцев назад •via X (Twitter)

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Veterinary care is becoming increasingly expensive for American pet owners. As prices rise, attention is turning to a major shift in the industry: private equity firms and large corporations buying up veterinary practices across the country. Paul Solman has the story.
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Our government has to stop private equity firms. They are destroying our lives in America Soon you won’t even be able to own a pet “How many veterinary practices are owned by private equity firms now?” “A third, to a half — Private equity firms target the owners of small, independent “mom and pop” practices. They’re doing the same thing with dentists, HVAC companies, and basically every type of small business across America, buying up large numbers of them. Once they consolidate these practices, they typically raise prices” “Does the quality of care improve as a result?” “No, the care usually gets worse.” This is why vet care has gotten so much more expensive
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Our government has to stop private equity firms. They are destroying our lives in America Soon you won’t even be able to own a pet “How many veterinary practices are owned by private equity firms now?” “A third, to a half — Private equity firms target the owners of small, independent “mom and pop” practices. They’re doing the same thing with dentists, HVAC companies, and basically every type of small business across America, buying up large numbers of them. Once they consolidate these practices, they typically raise prices” “Does the quality of care improve as a result?” “No, the care usually gets worse.” This is why vet care has gotten so much more expensive

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The reason it cost to much to take your pet to the vet is because private equity firms are buying up the pet industry and skyrocketing prices - Private equity firms poured $51.6 billion into the veterinary sector from 2017-2023 - Another $10+ billion in 2024 - Private equity firms spent $9.3 billion in the first 4 months on that year alone buying vet clinics - Industry leaders found that people will go into debt to keep their pets healthy, so the field is viewed as low risk and high reward 2025 private equity firms ownership of our American veterinary clinics estimates - 45% of all general practices will be owned by private equity firms - 80% of all Specialty/Emergency Practices will be owned by private equity firms “We are to the point in this country where cost and inflation is so high, I am seriously considering veterinary care tourism” “It is gonna cost about $1,500 to $1,800 to get this thing's (her dogs) teeth cleaned in Chicago, and his teeth aren't even bad”
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The reason it cost to much to take your pet to the vet is because private equity firms are buying up the pet industry and skyrocketing prices - Private equity firms poured $51.6 billion into the veterinary sector from 2017-2023 - Another $10+ billion in 2024 - Private equity firms spent $9.3 billion in the first 4 months on that year alone buying vet clinics - Industry leaders found that people will go into debt to keep their pets healthy, so the field is viewed as low risk and high reward 2025 private equity firms ownership of our American veterinary clinics estimates - 45% of all general practices will be owned by private equity firms - 80% of all Specialty/Emergency Practices will be owned by private equity firms “We are to the point in this country where cost and inflation is so high, I am seriously considering veterinary care tourism” “It is gonna cost about $1,500 to $1,800 to get this thing's (her dogs) teeth cleaned in Chicago, and his teeth aren't even bad”

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Pet ownership is becoming less obtainable because the cost of caring for your animal This man took his dog to the vet for an ear issue. Just got a basic ear issue it was $725 and then an additional $425 just to clean tarter from his teeth This is because of private equity firms, they’ve been secretly buying up and taking over the pet care industry and skyrocketing prices - 45% of general veterinary practices in the US are owned by private equity firms or corporate consolidators. - 80% of specialty and emergency veterinary practices are under private equity/corporate ownership If this continues soon Americans won’t even be able to afford to have a dog or cat anymore
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