Veterinary Medicine and Practice: 25 Years in the Future and the Economic Steps to Get There – Thomas E. Catanzaro, Terry H. Hall

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ABOUT THE AUTHOR Thomas E. Catanzaro,  DVM, MHA, FACHE, Diplomate, American College of Healthcare Executives, is the only veterinarian to have achieved board certification in this prestigious 30,000+ member organization and is a full-time veterinary consultant. In the past 10 years he has built the largest veterinary-exclusive, diplomate-led veterinary consulting team in the United States. Terry H. Hall,  DVM, CFP, is a former small animal clinician/multi-practice owner and one of few veterinarians to have achieved the Certified Financial Planner designation. He has provided telephone and on-site management assistance to more than 1,500 veterinarians and practice owners and owns a full-time financial planning practice that specializes in financial success strategies for veterinarians and practice owners. TABLE OF CONTENTS Introduction xi Chapter 1 The World of the New Millennium 3 Chapter 2 The Story of a Veterinarian’s Search 29 Chapter 3 Emerging Practice Size Trends 73 Chapter 4 Mega Study Evolution 95 Chapter 5 Veterinary Transition from Control to Leadership 109 Chapter 6 The Consultant’s Story 129 Chapter 7 Steps to Financial Success 157 Appendix A: Healthy People 2010, A New Focus for Veterinary Medicine 171 Appendix B: What is Facilitation? 185 Appendix C: Creating a Vision for Strategic Assessment 193 Appendix D: Debt Retirement in the New Millennium 217 Appendix E: The Financial Planning Process 221 Appendix F: Savings Accumulation Strategies 229 Appendix G: Retirement Plans and IRAs 235 Appendix H: Insights into Investing 243 Appendix I: Estate Planning Concepts 249 Appendix J: Charting a Practice Course 257 Appendix K: Our Future in Our Community 267 Appendix L: A Primer Glossary on Money 271