Podcast urges practices to treat valuations as a diagnostic tool

Veterinary practice leaders are getting a fresh reminder that a valuation isn’t just for a sale. In episode 396 of The Uncharted Veterinary Podcast, Dr. Andy Roark speaks with David McCormick of Simmons Veterinary Practice Sales and Appraisals about using practice valuation as a management tool to uncover hidden inefficiencies, weak financial visibility, and operational issues that can drag down profitability even when revenue appears strong. The episode frames valuation less as an exit exercise and more as a way to diagnose the underlying health of the business. (music.amazon.fr)

Why it matters: For veterinary professionals, that message lands in a market where valuations remain elevated, but buyers are becoming more selective. In the first half of 2025, industry advisers reported strong demand for higher-EBITDA hospitals, weighted average general practice multiples above 12x in some deal data, and more scrutiny of staffing stability, profitability, and growth potential. At the same time, deal structures have become more complicated, with less cash at close and more earnouts or contingent payments. That means a practice’s internal discipline, not just its topline growth, can have a direct effect on value, optionality, and succession planning. (ackerman-group.com)

What to watch: Expect more discussion across the profession about routine appraisals as a planning tool, especially if softer visit growth and tougher buyer diligence continue into 2026. (ackerman-group.com)