Experiencing an internal or external theft or significant loss of controlled substances from your practice can elicit all types of emotions; from anger, to fear to betrayal. It’s hard to imagine how you can find the time or resources to deal with a controlled substance issue, when you must manage your practice, see patients, perform surgery and deal with HR issues all day long.

Do you know how much daily revenue your veterinary practice is losing? Do you know how to fill those revenue gaps? The economics of a veterinary practice can be difficult to understand, but a simple metaphor helps us better understand ways to increase profitability. Think of the size of your veterinary practice as a bucket, the hose filling the bucket as revenue, and the ladles removing water from the bucket as costs.

When it comes to inventory management, it's hardware + software for the win. Of the leading practice management software platforms, each has its selling points and unique approach to financial management, client and patient records, and payment processing. DMV360 offers a useful comparison chart of the leading veterinary PIMS software packages.

Barbara Hersh, Veterinary Operations Manager at CUBEX, started her career as a veterinary surgical nurse and inventory supervisor. Today, she helps veterinary clinics improve their controlled drug management, meet DEA compliance, and increase profit margin. Even the most conscientious veterinary clinics are likely making one of six common mistakes in controlled substance management:

An interview with Anton Visser, CUBEX CEO — With 20 years of helping companies maximize profits through inventory management, CUBEX CEO Anton Visser shares his perspective on the challenges facing veterinary practice owners and veterinary staff, and what’s ahead for the veterinary market.