This company partners with veterinary practices, handling business operations and administrative tasks while allowing veterinarians to maintain clinical autonomy. They provide practice owners with an exit strategy and handle non-clinical responsibilities, enabling vets to focus on patient care.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many independent veterinary practices struggle with the complexities of business operations, including financial management, human resources, and marketing, diverting their focus from patient care and potentially hindering growth. Practice owners often lack a clear exit strategy and face challenges in balancing clinical autonomy with the need for operational support.
Solution
Associated Veterinary Partners (AVP) offers a partnership model that allows veterinary practices to maintain clinical autonomy while AVP handles business operations and administrative tasks. AVP purchases majority equity in the practice, enabling the selling doctor to retain significant minority equity and complete clinical control, providing a mid to long-term exit strategy. The company's "Success Center" provides systems, support, and strategy, reducing the administrative burden on partner practices. AVP's expertise includes hiring, human resources, finance and accounting, practice management, advertising, and information technology.
Target Audience
AVP primarily targets independent veterinary practice owners who are seeking a partner to handle business operations while maintaining clinical autonomy, as well as associate veterinarians interested in leadership or ownership roles.
Features
- Majority equity purchase with minority equity retention for veterinarians
- Complete clinical autonomy for partner veterinarians
- Streamlined administrative tasks such as payroll, accounting, and financial analysis
- Support for recruiting and retaining veterinary doctors and technicians
- Human resources management, including payroll and benefits administration
- Streamlined bookkeeping and tax reporting
- Real-time actionable data for practice management, including scheduling and post-visit reporting
- Advertising support, including search engine optimization, Google, Yelp, and social media advertising
- Information technology support, including telecommunication and IT systems
- Shared resources and cost-sharing among partner clinics