Why the Heck is Everything so Expensive (and what can we do about it)?

Unless you've been living under a rock lately, you've definitely noticed the cost of things going up! Everything from gas to groceries, from utilities to clothing, life costs a lot more today than it did even a short 6 months ago. 

In veterinary medicine we are not unaffected. Clinic owners, suppliers, and retailers are all feeling the impacts of rising costs. 

Combined with rising interest rates, staffing shortages, pressures on wages, and the overall ability for customers to pay for ever-increasing costs of services, we're operating in very unique times. 

In this episode, Dr. Leicht shares some of his opinions and insights on how inflation is impacting clinic owners, customers, and everyone involved in the value chain, while also sharing some strategies on what we can do about it. 

Topics discussed include:

• The definition of inflation
• How did we get here?
• How inflation impacts veterinary medicine
• The rising cost of goods and supplies 
• Tough decisions with patients in a rising cost environment
• Inventory management 
• How clinic owners / operators can manage the rising cost environment

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Any questions, comments, feedback, or requests for guests can also be sent to theveterinaryprojectpodcast@gmail.com. Thank you for listening and we look forward to seeing you next Wednesday for another episode of The Veterinary Project Podcast!

- Jonathan Leicht, DVM and Michael Bugg, DVM