Matthew Salois's guest appearances

Matthew Salois

The Veterinarian Success Podcast

Veterinary Financial Podcast

Willie Bidot

Isaiah Douglass

Meagan Landress

Andrew Rotz

Sarah Fallaw

Lauren Smith

Brandon Boyd

Dan Markwalder

Josh Vaisman

Debbie Boone

Bruce Johnstone

Dani McVety

Peter Weinstein

Tyrone Ross Jr

John Dillon

OwlTail

We asked Matt Salois, PhD, Chief Economist &amp; Head of Veterinary Economics for the AVMA, about how veterinary practices have thrived during COVID, what practice owners should be doing to mitigate loss in revenue due to competitors or economic downturns, and if it is possible to provide cost-effective care without sacrificing the wellbeing of the veterinary team.- What makes a vet practice resilient?- How can practice owners minimize the effects of economic downturns?- How should we respond to increased competition from PetMed Express, Chewy &amp; Amazon?- Is it possible to make a profit providing low-cost care while ensuring staff is taken care of?- What leads to behavior change when it comes to finances?- What is the relationship between money and wellbeing?- What separates practices that have thrived due to increased demand during COVID versus those that have adapted in ways that make them more successful?- What is the data on practices that are thriving now versus before COVID?Ways to connect with Matt Salois:https://www.linkedin.com/in/msalois/Ways to connect with Veterinary Financial Summit: VetFinancialSummit.comInstagram: @vetfinancialsummitFacebook: https://www.facebook.com/VetFinancialSummitLinkedIn: https://www.linkedin.com/company/vetfinancialsummitEmail: Leadership@VetFinancialSummit.com

We asked Matt Salois, PhD, Chief Economist &amp; Head of Veterinary Economics for the AVMA, about how veterinary practices have thrived during COVID, what practice owners should be doing to mitigate loss in revenue due to competitors or economic downturns, and if it is possible to provide cost-effective care without sacrificing the wellbeing of the veterinary team.- What makes a vet practice resilient?- How can practice owners minimize the effects of economic downturns?- How should we respond to increased competition from PetMed Express, Chewy &amp; Amazon?- Is it possible to make a profit providing low-cost care while ensuring staff is taken care of?- What leads to behavior change when it comes to finances?- What is the relationship between money and wellbeing?- What separates practices that have thrived due to increased demand during COVID versus those that have adapted in ways that make them more successful?- What is the data on practices that are thriving now versus before COVID? Ways to connect with Matt Salois:<a href="https://www.linkedin.com/in/msalois/" rel="nofollow" target="_blank">https://www.linkedin.com/in/msalois/</a> Ways to connect with Veterinary Financial Summit: <a href="http://VetFinancialSummit.com" rel="nofollow" target="_blank">VetFinancialSummit.com</a>Instagram: @vetfinancialsummitFacebook: <a href="https://www.facebook.com/VetFinancialSummit" rel="noopener noreferrer nofollow" target="_blank">https://www.facebook.com/VetFinancialSummit</a>LinkedIn: <a href="https://www.linkedin.com/company/vetfinancialsummit" rel="noopener noreferrer nofollow" target="_blank">https://www.linkedin.com/company/vetfinancialsummit</a>Email: <a href="mailto:Leadership@VetFinancialSummit.com" rel="noopener noreferrer">Leadership@VetFinancialSummit.com</a>

004 Can Money Buy Happiness? - Matthew Salois, PhD

In this episode, I’m joined by Dr. Matthew Salois, Chief Economist and Head of the Economics Division at AVMA. We discuss the following:LinkedIn and how Dr. Salois has leveraged social media to not only educate the industry but understand where to direct more in-depth research based on feedback.The cost of veterinary medical care and the economic dynamics in play today, and the amount of care that’s left undone. 33% of pets don’t receive the proper care from a veterinary professional annually.Debt and financial stress and the impact this has had on the profession. He shares some insights into the breakdown of student loan debt in the industry.Why financial literacy won’t solve the issues plaguing the industry.Asking for help in areas outside of our expertise is not only smart, but it’s also necessary.The labor market and attracting talent, what are the industry trends in hiring and retaining talent.The utilization of vet techs and looking at the dentistry model for inspiration on delegation of workloads within a practice. 60% of veterinary practices are not thriving and operating inefficiently; he discusses the AVMA efficiency index.Leadership and how he leads a team of high-performing people.Books mentioned by Patrick LencioniThe Five Dysfunctions of A TeamDeath by Meeting: A Leadership Fable...About Solving the Most Painful Problem in BusinessWhat would be the one data set of veterinary medicine data would he love to get, and what would he do with it?He shares his definition of success both personally and professionally.Finally, he shares a great call to action for anyone working in veterinary medicine.Dr. Salois’ LinkedIn - https://www.linkedin.com/in/msalois/﻿Learn about Medici 

In this episode, I’m joined by Dr. Matthew Salois, Chief Economist and Head of the Economics Division at AVMA. We discuss the following:<ul><li>LinkedIn and how Dr. Salois has leveraged social media to not only educate the industry but understand where to direct more in-depth research based on feedback.</li><li>The cost of veterinary medical care and the economic dynamics in play today, and the amount of care that’s left undone. 33% of pets don’t receive the proper care from a veterinary professional annually.</li><li>Debt and financial stress and the impact this has had on the profession. He shares some insights into the breakdown of student loan debt in the industry.</li><li>Why financial literacy won’t solve the issues plaguing the industry.</li><li>Asking for help in areas outside of our expertise is not only smart, but it’s also necessary.</li><li>The labor market and attracting talent, what are the industry trends in hiring and retaining talent.</li><li>The utilization of vet techs and looking at the dentistry model for inspiration on delegation of workloads within a practice. 60% of veterinary practices are not thriving and operating inefficiently; he discusses the AVMA efficiency index.</li><li>Leadership and how he leads a team of high-performing people.</li></ul>Books mentioned by Patrick Lencioni<ol><li>The Five Dysfunctions of A Team</li><li>Death by Meeting: A Leadership Fable...About Solving the Most Painful Problem in Business</li></ol><ul><li>What would be the one data set of veterinary medicine data would he love to get, and what would he do with it?</li><li>He shares his definition of success both personally and professionally.</li><li>Finally, he shares a great call to action for anyone working in veterinary medicine.</li></ul> Dr. Salois’ LinkedIn - <a href="https://www.linkedin.com/in/msalois/" rel="noopener noreferrer nofollow" target="_blank">https://www.linkedin.com/in/msalois/</a> ﻿<a href="https://medici.cx/vetsuccess" rel="noopener noreferrer nofollow" target="_blank">Learn about Medici </a>

#31 Matthew Salois, PhD - Translating data into insights for veterinary medicine