Case 2 : Letting Go to Grow

One Owner’s Path to Delegating Management in a Multi-DVM Practice

Starting Point: Mid-November 2022

Year
Revenue
Growth%
Growth $
2021
$1,736,141.93
-6.20%
-$107,667.59
2022
$1,628,474.34

Ownership: DVM with multi-DVM practice (3.5 FTE – 5 DVMs including locums)

Challenges:

Month
2022
2023
Jan
$103,729.73
$134,639.03
Feb
$104,469.00
$139,435.39
March
$155,790.63
$183,610.93
April
$154,415.24
$191,123.35
May
$171,347.60
$201,430.40
June
$160,637.49
$178,084.95
July
$123,242.38
$160,423.38
Aug
$135,155.50
$147,448.45
Sept
$137,482.19
$135,039.34
Oct
$125,255.50
$137,230.96
Nov
$132,335.28
$145,600.92
Dec
$124,613.80
$128,777.50
Total
$1,628,474.34
$1,883,259.40
Growth % YOY
-6.2%
+15.65%
Growth $ YOY
-$107,667.59
+$254,785.06

The Core Challenge

You can’t scale a practice when one person does it all:

Our Approach

VetCircle’s Practice Optimization Plan

The Results from VetCircle's Operational Services (starting Nov 2022)

Year
Revenue
Growth%
Growth $
2021
$1,736,141.93
-6.20%
-$107,667.59
2022
$1,628,474.34
2023
$1,883,259.40
+15.65%
+$254,785.06

The Impact: