2007
DOI: 10.2746/095777307x206566
|View full text |Cite
|
Sign up to set email alerts
|

Does equine veterinary medicine pay off? A survey of revenue in current practices in The Netherlands

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
2

Citation Types

0
4
0

Year Published

2008
2008
2009
2009

Publication Types

Select...
4

Relationship

2
2

Authors

Journals

citations
Cited by 4 publications
(4 citation statements)
references
References 5 publications
0
4
0
Order By: Relevance
“…Recent sociological studies have identified the equine practitioner as a hard working academic who is used to long working weeks, including many after-hours duties (Loomans et al 2007a;Meers et al 2008). Despite this high workload, the equine practitioner's income remains relatively low and there are large differences in financial profitability between different practices; however, the provision of well-equipped premises is no guarantee for increased revenue (Loomans et al 2007b).…”
Section: Introductionmentioning
confidence: 99%
“…Recent sociological studies have identified the equine practitioner as a hard working academic who is used to long working weeks, including many after-hours duties (Loomans et al 2007a;Meers et al 2008). Despite this high workload, the equine practitioner's income remains relatively low and there are large differences in financial profitability between different practices; however, the provision of well-equipped premises is no guarantee for increased revenue (Loomans et al 2007b).…”
Section: Introductionmentioning
confidence: 99%
“…Unfortunately, the veterinary profession, unlike other commercial enterprises, does not have a tradition of monitoring either market demand or its own performance, and adjusting strategies and policy are inappropriate. The profession only recently has begun actively accumulating information on the state of equine veterinary practice to assess market demand (Loomans et al 2007a), and to examine the financial basis for and economic viability of equine practice (Loomans et al 2007b). However, while such quantitative data are useful for evaluating socio-economic aspects of equine veterinary practice, they provide no information about the quality of care.…”
Section: Introductionmentioning
confidence: 99%
“…State of the art clinics, populated by well-trained equine veterinary professionals, who are eager to keep up to date through continuing education programmes, are readily available in the western world. However, a critical economic analysis of the profitability of the activities of the equine vet shows that better equipped practices are no guarantee for economic success and many economically interesting skills can be performed without the availability of hospital conditions (Loomans et al 2007b). Unlike in human medicine, where income is guaranteed through 3rd parties (insurance companies, state health systems), the equine vet has to be an entrepreneur in his own right.…”
Section: Economics Of Veterinary Practicementioning
confidence: 99%
“…This latter aspect is generally not the reason why he/she has opted for a veterinary career in the first place, as most of them are more clinically than commercially driven. There are, indeed, large differences in practice performance using economic benchmarks (Loomans et al 2007b). The fact that economic skills and an entrepreneurial attitude are weak points of many equine practitioners (Loo- 2008c) is aggravated by the current societal trend towards liberalisation of the market, which has led to a ban on fixed rates and hence to more competition on price.…”
Section: Economics Of Veterinary Practicementioning
confidence: 99%