Navigating Veterinary Practice Finances: Bridging the Gap Between Compassion and Capital
with Dani Rabwin, DVM and Martin Traub-Werner
1 Hour RACE-Approved CE Credit
Navigating Veterinary Practice Finances: Bridging the Gap Between Compassion and Capital
In this dynamic course, discover the critical yet often overlooked aspect of veterinary medicine: financial literacy. With a blend of clinical insight and entrepreneurial expertise, learn to navigate clinic finances, tackle tough conversations, and optimize revenue allocation. Using real-world examples and actionable strategies, this course empowers veterinarians and practice owners to confidently manage the financial health of their clinics while maintaining compassionate care.
What You'll Take Away From This Lecture:
01
Understand Veterinary Financial Challenges
Recognize the unique financial challenges veterinarians face, including the lack of formal business education and handling tough financial conversations.
02
Balance Compassion and Profitability
Understand how to maintain quality patient care while ensuring the financial well-being of your practice.
03
Master Difficult Conversations
Learn how to address uncomfortable financial discussions that often arise in veterinary clinics.
04
Comprehend Revenue Allocation
Gain clarity on how clinic revenue is distributed across salaries, expenses, and profit, ensuring better financial decisions.
Meet Your Teachers
Webinar Host Dani Rabwin, DVM
In her copy of Dr. Seuss’s My Book About Me, four year old Dani wrote that she wanted to be a trapeze artist or animal doctor. She decided against the circus, and today Dr. Dani Rabwin is a veterinarian, communication coach, author, speaker and mentor. She is the founder of Ready,Vet, Go, a remote veterinary mentorship program and community that supports new and early veterinarians, and complements the clinical mentorship that practices provide to their new
associates. She graduated from UC Davis in 2004 and completed an internship at Michigan Veterinary Specialists. She feels extremely privileged to be able to help veterinarians thrive in this profession that she loves so much.
Webinar Host Martin Traub-Werner
Martin dressed up as a businessman for Halloween when he was seven. Since then, he’s spent more than 40 years refining his skills and honing his craft. He completed an undergraduate degree at York University in his hometown of Toronto, Canada and a subsequent Master of Industrial and Labo(u)r Relations (MILR) degree at Cornell University. His time at Cornell was spent learning and thinking about the complexity of people management in organizations. Martin spent a number of years working in Human Resources in large Fortune 500 companies. Ultimately, his entrepreneurial spirit won out. A builder and problem solver, Martin is happiest putting the pieces together to create value. He’s done this a number of times including with VetSuccess. In 2013, Martin started VetSuccess and created the veterinary industry’s first business intelligence and data analytics company. In 2018, VetSuccess was sold to Vetsource and Martin transitioned to an executive leadership role in the company. In 2022, Martin left Vetsource to pay attention to VetBooks which he founded with some industry friends in 2017. VetBooks is a leader in veterinary bookkeeping bringing financial control and discipline to independent veterinary practices.
In addition to being an entrepreneur, Martin volunteers his time with RISE Asset Development serving on the organization’s loan review committee and mentoring aspiring entrepreneurs. Martin and his wife Tamara live in Nanaimo, British Columbia and have two teenagers and a lovable Texas street dog named Austin.