VIDEOS · 2026-08-31
How private equity took over your vet
Vet bills are up 60% since 2014. Corporate owners now hold about 30% of practices and 75% of emergency vets.
TRANSCRIPT
Vets under corporate ownership went from 8% in 2014 to 30% by 2024, with 24/7 emergency vets going to 75% under corporate ownership.
That's because private equity has also bought the drugs and supplies that these practices use, on top of using bait-and-switch language and over-prescribing unnecessary meds.
While the corporate ownership number is around 30%, when you factor in partial ownership, over 60% of vets are owned in whole or in part by just six different conglomerates.
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