WVC 91st Annual Conference
An often overlooked and misunderstood consideration of owning and operating a veterinary practice is their relationship with their preferred reference lab company, specifically any contractual obligations that they have. As with any other contract or agreement, there are many different aspects that you need to be completely familiar with and understand what’s expected of you and your practice. The terms regarding the incentives offered by the company, such as equipment loans or discounted fees are commonly misinterpreted and can lead to inconvenient litigation for remarkable amounts of money. Information contained within this presentation will illustrate common terms and definitions among lab contracts, possible defaults and breaches of contract, and negotiation tips to put you and your practice in the most secure position.