The present economic climate provides a challenge for veterinarians. We strive to provide the absolute best medical care to our patients, and we also strive be sensitive about the affordability of that care. Kristi Reimer, the editor of Veterinary Economics, wrote an excellent article on the matter: Affordability vs. Excellence, Do Veterinarians Have to Choose? She asks, “Is there a way to maintain excellent medical standards, charge appropriately for them, and still be a compassionate veterinarian who’s accessible to the majority of Pet owners in the community?”
The answer is “Of course!” We need to be offering the very best we have to every client and every patient at every visit.
The veterinary team and the Pet’s family have the same goal of restoring or maintaining the health of the Pet. I believe we even have the same financial goals. We want our clients in sound financial health so they are able to return again, and they want us in sound financial health so we are here when they need us.
Instead of offering “good/better/best” medical plans and “bargaining” with our client until we meet in the middle, consider offering the very best and using the treatment plan as an open dialogue. Be transparent about what is absolutely mandatory and what is optional for your patient’s well-being and return to health and why each component is important. You may be surprised with what your client will allow you to do when they understand why each portion of the treatment plan is important. However, even a gazillionaire is not going to toss money at you for stuff they think you threw in just for the heck of it.
This is where your relationship with your client becomes important. Clients who trust your integrity and medical expertise will know when you say something is mandatory or even ideal, when you really believe it and when you are probably right.
Sometimes, clients ask for help finding ways to afford the treatment their Pets need. We may have payment plan options, charity information or other helpful resources available. However, keep in mind that our clients’ financial situations are none of our business unless they choose to make them our business. We are no more equipped to guess about the level of care they can afford than we are to guess about the strength of the bond they have with their Pet. If we are focusing on the financial aspects of a case at the cost of focusing on patient care, we will convey that to the client whether we mean to or not.
Recommend the very best for your patient. Explain to your client why the components of the treatment plan you propose are important. You know your patient is getting the best care you have to offer, your client is well cared for and you are being fairly compensated. Win-win situations are possible for the patient, the client and the veterinary team, and are worth striving for with every case.
[...] Economics,  Affordability vs. Excellence, Do Veterinarians Have to Choose? was published in The Wagging Tail, Banfield’s veterinary blog.  I wanted to rename my post “Dear Veterinarians, Keep [...]
December 1st, 2009 at 3:52 pmAs I speak around the country, I talk about “putting your own brand of excellence on everything you do” and “half efforts do not produce half results…they do not produce anything you want to be associated with…” I understand your passion and your attitude. I am so glad you can put it it in writing so we all can share your words to learn and grow by! I wish you were our vet…wait, you are! We are so lucky! Love, Dad
December 1st, 2009 at 9:00 pmEvery time I read an article by Dr. Finch I am thankful that I have been blessed with such a caring, honest, and compassionate vet who provides personalized care for my pug. I was not aware of the patient-focused care that Banfield Pet Hospital provided until I decided to switch vets almost a year ago. Yes, vet visits are costly, but having a Dr. and pet nurse who are knowledgeable, and able to provide advice beyond what I would hear at my former vet “oh, he’s just old, that’s what happens, or take this pill, it might help,” helps me to understand and make better decisions about my dog’s care. I appreciate the visual flat screen that breaks down recommended procedures as well as the explanations that the nurses & Dr. gives as to why a procedure or medication is or is not necessary. It is much easier for me to make educated decisions on my pet’s health care with the help of these amazing doctors. Being able to trust your nurse and Dr. is priceless. And knowing the cost of things up front eases the anxiety or stress that comes with caring for an older pet. Thank you, Banfield and your wonderful pet care!
December 2nd, 2009 at 9:26 am[...] Banfield didn’t really say this essay was stupid.  They just wanted me to actually answer the question Kristi Reimer, the editor of Veterinary Economics, posed in Affordability vs. Excellence, Do Veterinarians Have to Choose? So I did.  Find it here. [...]
December 9th, 2009 at 3:49 pm[...] *December 2009: Â Recommending a High Level Standard of Care is Still the Best Idea [...]
March 8th, 2010 at 3:34 pm[...] stayed with Banfield. I knew the company, when sticking to its written ideals, could thrive. And look. It works. [...]
June 1st, 2010 at 5:53 am