By David Ramey, DVM
It is certainly true that a practice needs to be profitable to survive. Indeed, in 1970, Milton Friedman, the late Nobel Prize-winning economist, asserted that the sole purpose of a business is to make money for its shareholders.1 For veterinary practitioners, one measure of success is assuredly the business’ profit margin. But from an ethical
perspective, is the bottom line really the bottom line?
Related Guidelines
Position on the Use of Medroxyprogesterone Acetate in Competition Horses
Medroxyprogesterone acetate (MPA) is a synthetic progestin hormone administered to mares off-label…
Position on the Use of Vesicants
The AAEP does not support the use of vesicants and internal blistering…
Position on the Use of Hog Rings
Cribbing (also known as crib biting or windsucking) is one of many…