Veterinary Business 101

Date:September 13, 2017
Time:8:00 a.m. - 3:30 p.m.
Location: Georgia Veterinary Medical Association
2200 Century Pkwy. NE
Atlanta, GA 30345

Katz, Sapper & Miller’s Beth Scott, a director in the firm’s Veterinary Services Group, will present at Georgia Veterinary Medical Association’s (GVMA) Veterinary Business 101 event Sept. 13 in Atlanta, GA.

Scott will lead five unique sessions:

Why budgeting can prevent problems and relieve stress

Budgeting is an important part of running a veterinary practice, but often it gets lost in the busyness of day-to-day work. In this session, attendees will learn what basic information is required to establish a budget and what other items need to be considered in order to make a budget comprehensive. Various types of budgets will be discussed as well as various methods for analyzing budget metrics.

How to boost your return on investment by exposing hidden costs

During this session, attendees will review various aspects of labor management and direct costs, including background checks, personality profiles, interviewing, self and management evaluations, goal setting, compensation models, and inventory costs.

How to safeguard your hospital against theft

Many veterinary hospitals lack sufficient staff to divide the duties required to protect their business from theft or embezzlement. So how can a hospital protect itself? This session will outline internal control processes hospitals can implement to protect themselves from becoming the next victim.

Profit enhancement workshop: finding the root cause

In this session, attendees will not only learn how to deconstruct problems to diagnose their profit issues; they will develop a unique action plan for treatment that is designed to enhance their own hospital’s profits.

Simplifying the tools that gauge hospital performance and tips for strategic planning

This session will demystify and simplify key performance indicators (KPIs), explaining how to use them to effectively gauge and improve a hospital’s performance. Topics will include how to run a strategic planning meeting, what basic information is required to establish a budget, and how owners and DVMs can follow up to ensure the hospital stays on the path to realizing its dream. 

As a member of the Veterinary Services Group, Scott consults with hospitals to help increase their profit and the overall value of their practice. In addition to the day-to-day management of one of the largest national veterinary benchmarking databases, Scott actively participates in speaking engagements and industry membership groups.