Archive for June 2026

Veterinary medicine is changing in ways that extend beyond medicine alone. Over the past decade, many practices have become: larger, more team-oriented, operationally more sophisticated, and increasingly focused on long-term growth and continuity. At the same time, compensation discussions are gradually expanding beyond traditional salary-versus-production models. More practices are now exploring some form of shared-upside…

As veterinary practices continue evolving, more veterinarians are encountering terms such as: equity participation, phantom equity, profit-sharing, appreciation rights, minority ownership, and shared-upside compensation. For many DVMs, these concepts can feel unfamiliar, overly technical, or difficult to compare. At the same time, these arrangements are becoming increasingly common throughout veterinary medicine. Some are tied to…

For many years, compensation discussions in veterinary medicine tended to revolve around a familiar debate: salary versus production. Some practices preferred guaranteed salaries designed to create stability and reduce pressure on associates. Others favored production-based compensation structures intended to reward productivity and practice growth. While these models still remain common throughout the profession, the conversation…