While many veterinarians choose to believe that expertise in medicine necessarily precludes having business sense, nothing could be further from the truth. In fact, business and medicine are both evidence-based disciplines with much in common. When a patientis sick, we used standard algorithms to determine the most likely causes, and run appropriate diagnostic tests. We do the same thing with a business that is in failing health. We might run an inventory audit instead of a radiograph, or look at financial statements rather than laboratory results, but the problem-solving approach is the same. Once a medical problem is unearthed, we prescribe appropriate treatment. The same holds for businesses. A practice may not need an antibiotic injection, but an infusion of capital might be just what the doctor orders for an outdated facility. Finally, once the problem is corrected, we periodically monitor the patient with wellness exams, assuring continued health. Businesses are no different. We continue to take their vital signs, benchmark them against established "normals" and make sure that they continue on a healthful trend. What could possibly be a more natural extension of expertise than applying the same care to practice management as patient management?
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About the Author
Dr. Lowell Ackerman is a board-certified veterinary specialist with both an MBA and MPA. The author of over 70 books to date, Dr. Ackerman splits his time between management consulting, clinical practice, writing and lecturing.
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Dr. Lowell Ackerman is a board-certified veterinary specialist, international lecturer, and author. He is a graduate of the Ontario Veterinary College (Canada) and a Diplomate of the American College of Veterinary Dermatology. In addition to his veterinary training, he also holds an MPA from Harvard University, an MBA from the University of Phoenix, and a Certificate in Veterinary Practice Administration from Purdue University. Dr. Ackerman splits his time between industry, teaching, and consulting.
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Most Helpful Customer Reviews
5 of 5 people found the following review helpful:
4.0 out of 5 stars
Business Basics for veterinarians,
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This review is from: Business Basics for Veterinarians (Paperback)
I found the book very intersting and filled with very good and useful information. A must read to all veterinarians interesting in opening up their own practice.
5.0 out of 5 stars
A light in the dark,
By Shand Lenim (Brasilia, Brazil) - See all my reviews
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This review is from: Business Basics for Veterinarians (Paperback)
Veterinarians tend to be really disorientated regarding business and the management of it. Dr. Ackerman shows a lot of interesting and useful principles, written with the best services marketing theoretics in mind, in order to overcome such disorientation.
In other words, the author knows what he's writing about. You will not regret buying this book by a long shot.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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retained earnings, veterinary practice management, business skills curriculum, average transaction charge, laboratory income, veterinary time, most veterinary practices, gold clients, dispensing fee, radiographic series Key Phrases - Capitalized Phrases (CAPs): (learn more)
Lowell Ackerman, Veterinary Economics, American Animal Hospital Association, Veterinary Healthcare Consultants, United States, Harvard University, Tufts University School of Veterinary Medicine, Average Small, American Veterinary Medical Association, Average Mixed, Recommended Reading, Economic Report, Well-Managed Practice Study, Harvard Business School Press, Prentice Hall, Capital Stock, Price Quantity, Veterinary Management Institute, New York Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
retained earnings, veterinary practice management, business skills curriculum, average transaction charge, laboratory income, veterinary time, most veterinary practices, gold clients, dispensing fee, radiographic series Key Phrases - Capitalized Phrases (CAPs): (learn more)
Lowell Ackerman, Veterinary Economics, American Animal Hospital Association, Veterinary Healthcare Consultants, United States, Harvard University, Tufts University School of Veterinary Medicine, Average Small, American Veterinary Medical Association, Average Mixed, Recommended Reading, Economic Report, Well-Managed Practice Study, Harvard Business School Press, Prentice Hall, Capital Stock, Price Quantity, Veterinary Management Institute, New York Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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