Entries with the topic Management.

Lock Your Pharmacy

Oct 14, 2015 by Edward L. Blach, DVM, MS, MBA

The Cost of Professional Services of which Inventory Costs are the largest contributor, is the second highest expense area for most veterinary practices.  Yet, in the Merck-Henry Schein Study,... [ Continue Reading ]

Topics: Finance ,Getting Started ,Management ,Optimize Inventory and Suppliers

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Merck-Henry Schein Study - Management Practices in Use

Oct 12, 2015 by Edward L. Blach, DVM, MS, MBA

The Merck-Henry Schein Study was conducted to provide insights into the economic situation from 2007 through 2012 with equine practices.  Four hundred ninety-seven respondents provided feedback.  In addition, the results... [ Continue Reading ]

Topics: Administration ,Finance ,Getting Started ,Management

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Question of the Week

Sep 28, 2015 by Andrew Clark

Dr Ed Blach and I have specifically designed ismypracticehealthy.com to provide simple, accessible, and searchable business education for veterinarians.  We’ve received very positive reviews from many... [ Continue Reading ]

Topics: Getting Started ,Management

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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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Is My Practice Healthy?

Jul 10, 2015 by Andrew Clark

“Is My Practice Healthy?” That is a question I am asked much more often than prior to the ‘great recession’.   We have developed a... [ Continue Reading ]

Topics: Finance ,Getting Started ,Management

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What is a Healthy Practice?

Jul 6, 2015 by Andrew Clark

Is My Practice Healthy is the name of this site.  A fair question might be “What is a Healthy Practice?” The truth of the matter is that... [ Continue Reading ]

Topics: Getting Started ,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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