6min chapter

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531. Should You Trust Private Equity to Take Care of Your Dog?

Freakonomics Radio

CHAPTER

Veterinary Medicine - Do You Have a Pet?

In the past decade, National Veterinary Associates has used private equity funding to grow from around 100 pet hospitals to more than 1,000. By having this large footprint, they can really charge much higher prices for the procedures they perform on your pets because you don't have a choice. We just don't view veterinary medicine as a space where we can win by cutting costs.

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