This podcast explains why benchmarking has become an essential management tool for modern veterinary practices. It shows how comparing performance with similar clinics helps practice managers identify strengths, pinpoint areas for improvement, and make informed, evidence-based decisions.

The episode explores key benchmarking areas, including fees, wages and salaries, profit and loss, key performance indicators, and clinical and treatment protocols. It also emphasises that effective benchmarking goes beyond high-level reports.

When done well, it provides detailed, practical insights that support fair pricing, sustainable staffing, improved profitability, consistent standards of care, and long-term resilience in an increasingly complex and competitive veterinary industry. READ MORE: https://bbvet.net/blogs-and-learnings/competitor-benchmarking-in-veterinary-practices/

This podcast reflects on the long-standing 5 to 1 Rule in veterinary practice — the idea that a vet should generate five times their salary in revenue — and questions how well it holds up in today’s clinics. While the rule can be a helpful starting point, the discussion highlights its limitations in a modern context, including rising overheads, the true cost of employment, team-based care, shared cases, and the reality that not all revenue is equal. The episode explores why revenue is often a more practical performance measure than profit, but also why a single ratio can be misleading without clear definitions and context. Ultimately, the podcast emphasises that there’s no one-size-fits-all benchmark, and that productivity is best viewed as a team outcome, with the 5 to 1 Rule serving as a flexible guide rather than a fixed target.

READ MORE: https://bbvet.net/blogs-and-learnings/the-5-to-1-rule-and-veterinarian-productivity-management-article-8/

This podcast reflects on how the veterinary industry has evolved over the past three years and considers what the emerging data may be suggesting about the path to veterinary practice success.

While the analysis is grounded in Australian veterinary practice performance, comparable BBVet data from New Zealand and the UK, supported by consistent anecdotal insights from regions such as the USA and Canada, indicates that many of these patterns are not unique to Australia.

Instead, they appear to reflect a broader, global shift. The natural question, therefore, is not whether change is occurring, but how the industry chooses to respond.

READ MORE:

https://bbvet.net/blogs-and-learnings/rethinking-veterinary-practice-success-in-2026-management-article-11/