Entries by Edward L. Blach, DVM, MS, MBA.
Finding Opportunity
Sep 2, 2015 by Edward L. Blach, DVM, MS, MBA
Results of the Merck-Henry Schein National Equine Veterinary Economic Study contained a chart that shows the percentage of revenue generated in respondent practices by specific practice activities or services. ... [ Continue Reading ]
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Merck-Henry Schein Study Release 1 Discussion 2
Aug 31, 2015 by Edward L. Blach, DVM, MS, MBA
The second discussion regarding the Merck-Henry Schein Study has been released and is available in the Document Library at ismypracticehealthy.com (IMPH). This discussion provides an executive summary that... [ Continue Reading ]
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Be Proactive in Managing Staffing Levels
Aug 19, 2015 by Edward L. Blach, DVM, MS, MBA
In most businesses, labor costs are the largest expense. In Veterinary Practice, that is true in most practices. In the Merck-Henry Schein National Equine Veterinary Economic Study, it... [ Continue Reading ]
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Economic Rebound in Equine Practice is Real
Aug 14, 2015 by Edward L. Blach, DVM, MS, MBA
The Merck-Henry Schein National Equine Veterinary Economic Study collected data from members of the American Association of Equine Practitioners for the years 2007 through 2012. There was strong evidence that the... [ Continue Reading ]
Topics: Finance ,Management
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Question of the Week: What is a good target percentage for ‘Gross Profit’?
Aug 1, 2015 by Edward L. Blach, DVM, MS, MBA
Reader question of the week: What is a good target percentage for ‘Gross Profit’ (referring to the IMPH Data Dashboard)? One member asked the question, “What... [ Continue Reading ]
Topics: Finance ,Getting Started ,Management
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Merck-Henry Schein National Equine Veterinary Economic Study
Jul 16, 2015 by Edward L. Blach, DVM, MS, MBA
Merck Animal Health - Henry Schein Animal Health National Equine Veterinary Economic Study Overview There is a general lack of quality equine veterinary economic data available with which to assess... [ Continue Reading ]
Topics: Management
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Welcome to Ismypracticehealthy.com
Jul 1, 2015 by Edward L. Blach, DVM, MS, MBA
Welcome to Ismypracticehealthy.com. (IMPH) As we all know, veterinary medicine has undergone many changes over the past few years. The marketplace has become much more competitive, there is... [ Continue Reading ]
Topics: Getting Started ,Management
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