Veterinarians graduated from veterinary school, and we went out into the world to develop a degree of expertise before opening our own places.
That, in general, for most of us was what we wanted to do. That comment in general was what Most professionals used to do. And they would enter practice with multiple concessions that go into a veterinary hospital like, boarding, vaccine, surgery. And those concessions are profitable ones. And that was it. We had to protect our name. That’s all we had was our name in the community. And then we had our license to protect legally.
In 1960 that was all taken away however because the Supreme Court made a decision that just regular guys could own hospitals.
Corporations could own doctors and specify their behavior. And, as we all know, and try and argue that they don’t, corporations are set up to “maximize profits.“
You may recall, I mentioned that veterinary medicine was profitable, even without taking those steps necessary to maximize profits.
But incorporate veterinary medicine, decisions are made on the part of policy centers, that maximize profits. Do you see the problem?
And that’s no reflection on the doctors name. That doesn’t matter anymore because the clinics are opened under a corporate name.
Corporations aren’t people even though the supreme court has decided the fact that they are.
They make decisions to maximize profits, that are detached from most human ethical constraints.
As they should be, I would not want to own stock in a company that was not maximizing profits.
Except when maximizing profits was at sometimes the expense of a distraught owner of a pet. Who might need faster care than six tests before treatments are rendered in order to maximize profit.