TUESDAYJanuary 31, 2023

Dear Veterinary Student,

Whether you have considered practice ownership or plan to enter the profession as an associate, veterinary business education has never been more crucial to your career. This weekly publication is designed to supplement your education by providing information on veterinary business including ownership and management, finance operations, communication, team building and emerging technologies that will shape the future of veterinary medicine.

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From surviving to thriving: a new article series to help veterinary hospitals eliminate burnout           

Burnout is taking a toll on the veterinary profession, with recent research showing it costs the industry $2 billion a year. 

Researchers have identified six burnout triggers: control, workload, reward, community, fairness and values. 

In a new article series, experts from the veterinary hospital system Galaxy Vets will dive into each burnout trigger and share tips to help veterinary practices eliminate burnout risk. 

This article series is appearing first in the Fountain Report courtesy of Galaxy Vets. 

> Read the full article here.

How to increase employee retention in 2023        

Burnout is a major concern in the animal health industry, especially in the veterinary profession. Employees, particularly younger ones, increasingly expect the companies they work for to value mental health and wellness. 

In her latest Fountain Report column, animal health industry recruiter Stacy Pursell discusses what’s causing stress and how companies can serve their employees so they stay in their jobs. 

Company leaders can take several steps to help employees reduce burnout, including offering scheduling flexibility, showing employees they’re appreciated and treating employees with respect, Stacy says. 

“Animal health industry members face considerable challenges, and the key to retaining these professionals as employees is finding ways to help them overcome the challenges,” she writes. “If not, stress will continue to make burnout prevention difficult and make it harder to increase retention rates in 2023.” 

> Read the full column here.

CARE creates committee to support veterinary care in underserved communities  
Companions and Animals for Reform and Equity (CARE) has created a new veterinary committee to help support underserved communities and overlooked veterinary programs. 

The committee aims to prompt discussions of human and animal wellbeing inside schools to support underserved BIPOC (Black, Indigenous and people of color) communities and their pets; develop strategies to support veterinary programs in neighborhoods not served by traditional animal welfare nonprofits or veterinary schools; and advise in the development of CARE Community Clinics helping support under-resourced pet owners.  

> Read the full article here.

U.K. regulators to allow veterinarians to prescribe medications via telemedicine without an in-person VCPR   

The United Kingdom’s veterinary regulatory body has decided to allow practitioners to prescribe medicines over the internet without first needing to see a patient in-person. 

The change, approved by the Royal College of Veterinary Surgeons, is significant because it’s based on a yearslong review of telemedicine rules that predates the pandemic, the VIN News Service reports. 

The British Veterinary Association opposes the change, which is scheduled to go into effect sometime between June 1 and December 31. It includes certain caveats, including strict rules regarding antimicrobial prescriptions. 

> Read the full article here.

After the U.K.’s decision, U.S. veterinarians wait to see what’s next   

It's not clear yet what the United Kingdom’s new telemedicine policy means for the United States. Comparing the United States to the United Kingdom is difficult, AVMA leaders told the American Animal Hospital Association. 

“Laws and regulations regarding the practice of veterinary medicine are very different in the U.K. compared to the U.S.,” said AVMA President Lori Teller. She noted that the United Kingdom has stricter prescribing laws regarding antimicrobials as well as more oversight over veterinarians by a national regulatory body. 

Deb Leon, co-chair and founding board member of the Veterinary Virtual Care Association, hopes the United States follows the United Kingdom’s lead. 

> Read the full article here.

What to watch for in the pet health industry in the next 5 years   

Alex Douzet, CEO of the pet insurance provider Pumpkin, names his predictions for the pet health industry’s biggest trends in the coming years. Increasing demand for preventive care, accelerated practice sales and consolidation, increased spending on pets by women with discretionary income, more data allowing for shorter R&D timelines, and more individualized treatment are in store for the pet care industry, Douzet writes in Forbes. 

> Read the full article here.

10 tips to thrive in veterinary emergency medicine    

Emergency and critical care has been a fast-growing specialty in veterinary medicine, and the pandemic has only increased pressure on professionals working to meet rising demand in the sector.  

In her blog, Dr. Beth Davidow offers advice to help veterinarians succeed despite the challenges. Among other things, Davidow says, doctors should focus on working as a team with their colleagues, listening to veterinary technicians and viewing each case they encounter as an opportunity to learn. 

> Read the full article here.
This week’s Veterinary Student Insider was compiled by managing editor Breanna Demaline. 

Like what you read? Click here to sign up for free. 
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