GoodVets opens 20th animal hospital

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Veterinarian's Money Digest®Veterinarian's Money Digest® (September 2023)

Further advancing veterinary care and promoting veterinarian ownership

GoodVets has opened its 20th hospital. Spearheading the GP 2.0 evolution, the company “continues to execute on its robust growth trajectory anchored in its 100% de novo model, exceptional unit economics, and unique partnership approach,” according to a release.1

GoodVets combines consumer innovation, high-quality clinical care, and veterinarian ownership while having state-of-the-art veterinary hospitals with modern consumer-focused features (eg, membership plans, cutting-edge digital capabilities).1 Plus, the company has used data analytics to locate their hospitals in attractive, fast-growing US markets, such as Miami, Atlanta, Charlotte, Nashville, and Denver to fill the demand for an elevated veterinary care experience.

A large part of GoodVets’ strategy is encouraging veterinarian ownership to provide veterinary professionals a clear, supported path to entrepreneurship. "Our 20th hospital opening signifies our firm commitment to offering superior veterinary care nationwide,” expressed CEO and co-founder, Ryan Joseph.1 “Our unique partnership model empowers local veterinarians, ensuring they can focus on delivering the best care while we support the operations and business of the practice. We are not just building hospitals; we are creating a movement, a community of veterinarian partners who are changing the future of veterinary medicine with GoodVets.”

Maureen Joseph, GoodVets’ chief people officer, added, "We are attracting the best of the best in the field by cultivating an environment for sustained growth. At GoodVets, our unique model provides a clear career path, guiding veterinarians who join as new graduates or associates all the way to the opportunity of becoming a practice owner. By focusing on equipping our veterinarians with the necessary resources and support needed for growth, we empower them to practice at their peak while paving the path to their dream career. This has resulted in a strong pipeline of outstanding veterinary professionals eager to join our network.”1

Tony DeMarco, chief medical officer at GoodVets, said, "GoodVets offers a breath of fresh air for veterinarians feeling constrained within large hospital groups. Our model fosters ownership and autonomy, empowering veterinarians to own the decisions that directly impact their practices. We're turning the tables by placing veterinarians back at the heart of their practices and helping reignite their passion for veterinary medicine."1

GoodVets aims to have 30 locations by the end of 2023 and more than 50 hospitals by mid-2024.

Reference

National start-up GoodVets opens 20th animal hospital: Modernizing pet care and championing veterinarian ownership. News release. GoodVets. June 27, 2023. Accessed June 28, 2023.

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