{"id":9152,"date":"2020-10-21T13:56:00","date_gmt":"2020-10-21T20:56:00","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=9152"},"modified":"2022-06-15T17:46:37","modified_gmt":"2022-06-15T17:46:37","slug":"veterinary-specialist-clinic-partnership","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/veterinary-specialist-clinic-partnership\/","title":{"rendered":"Tips for Sharing Clinic Space With a Veterinary Specialist"},"content":{"rendered":"

A thriving veterinary practice is one that continually evolves<\/a>. Do you have some underutilized space in your facility and wish it could be leveraged to generate more revenue? Consider a creative arrangement with a specialist where you provide the overhead and the radiologist, surgeon, dermatologist or fill-in-the-blank-specialist provides the services. You both could be on your way to serving your clients in a more complete \u2014and lucrative \u2014 way.<\/span><\/p>\n

Christopher Allen, DVM, JD, provides legal consultation to veterinarians and also owns a number of practices in the northeast U.S. He has rented space to specialists in the past and knows of a number of other practice owners who do the same. It\u2019s an advantageous relationship both ways; the host hospital receives rent, a portion of the specialist\u2019s earnings, a discount on services or some combination of the above, and the specialist saves mightily on overhead. \u201cIt\u2019s a money-saving situation for both sides,\u201d Dr. Allen says. <\/span><\/p>\n

Radiology is by far the most common type of specialty for this arrangement, Dr. Allen says, but surgery, dermatology, ophthalmology and oncology also lend themselves to being carried out within a general practice. The key is for the specialist to have fairly portable and mobile-friendly equipment, as well as access to resources of the general practice. <\/span><\/p>\n

A sublease is imperative so it\u2019s clear what each provider\u2019s obligations are, Dr. Allen says, and it must be contingent on approval from the owner of the real estate if that\u2019s not the host hospital. This can be a short document initially with an agreement to revisit the terms at the six-month mark and hammer out all the details once you know what the issues are. Or, you can decide to terminate the arrangement at that point.<\/span><\/p>\n

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Also, let your insurance provider know what you\u2019re doing to anticipate any issues involving liability, workers\u2019 compensation and so on. For example: \u201cIf an employee of the general hospital gets bitten by a patient of the specialist, who\u2019s responsible?\u201d Dr. Allen asks.<\/span><\/p>\n

Here are some other potential pitfalls to look out for and decisions to think through:<\/span><\/p>\n