In Their Own Words - Deerfield Animal Hospital
Deerfield Animal Hospital - San Antonio, TX
6 DVM Hospital
Dr. Peter Hey: I was looking to transition out of practice ownership with minimal to no disruption in my hospital brand or culture. I was also looking specifically for a group with which I could partner financially as they were growing. Southern Veterinary Partners provided both. Very few if any of my clients are even aware that I am no longer the owner over one year out. Also, SVP has doubled the number of hospitals in its group in that same year and recapitalized recently which resulted in significant financial reward with respect to the investment I left in the business. Overall, I am pleased with my decision, timing, and results regarding selling my practice to SVP.
Dr. Maria Hey: The transition into Southern Veterinary Partners has given me uninterrupted time away from the practice and responsibilities of ownership. They have taken care of my staff and doctors as well as I have in the past and were able to exceed some of the benefits I had previously provided. While alleviating responsibilities and time commitment of ownership, SVP still is respectful of my input as we move forward together.
I feel SVP truly cares about the people that run their practices and support them when needed. Our health care and retirement benefits have improved along with better pricing on the products from our vendors. SVP has supported the hospital over the past year and I feel very confident that SVP will continue to support us in any way possible for the continued growth of the practice.
6 DVM Hospital
About Us: Deerfield Animal Hospital serves pets in San Antonio with excellent and compassionate pet healthcare through humble service and genuine care. Our services and facilities are designed to assist in routine preventive care for young, healthy pets; early detection and treatment of disease as your pet ages; and the highest quality medical and surgical care as necessary during their lifetime. We treat your pet as we would our own.
Dr.’s Peter and Maria Hey, and their team, joined SVP in May 2017. In their own words, they share what they were looking for and how Southern Veterinary Partners has helped their hospital:
Dr. Peter Hey: I was looking to transition out of practice ownership with minimal to no disruption in my hospital brand or culture. I was also looking specifically for a group with which I could partner financially as they were growing. Southern Veterinary Partners provided both. Very few if any of my clients are even aware that I am no longer the owner over one year out. Also, SVP has doubled the number of hospitals in its group in that same year and recapitalized recently which resulted in significant financial reward with respect to the investment I left in the business. Overall, I am pleased with my decision, timing, and results regarding selling my practice to SVP.
Alana (Hospital Manager): The transition has helped me grow as a manager in several ways. I am learning the financial aspects of the hospital to better understand the why behind the decisions we make for our budget goals. The owner/manager relationship between Dr. Hey and I have changed to more of a partnership that requires our communication skills to be clear, concise and effective to work better as a team.
I feel SVP truly cares about the people that run their practices and support them when needed. Our health care and retirement benefits have improved along with better pricing on the products from our vendors. SVP has supported the hospital over the past year and I feel very confident that SVP will continue to support us in any way possible for the continued growth of the practice.
Why SVP Should be Your FIRST Choice
Veterinarian owned with an experienced management team
Maintain practice identity/brand with autonomy at the hospital level
Flexible transition for veterinarians looking towards retirementOpportunity for increased return on investment through equity in the parent company
