“The way animal health works is that it benefits from all innovation and improvement to human health. And so greater medicine is becoming available.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
“The private equity roll ups and that model that were, you know, happening in parallel elsewhere where you would have, you know, sort of shadow private equity firms buying up mom and pop clinics. The motto of one of the largest ones was join us, stay you, which…”
Steven EidelmanApr 17, 2025▶ 17:41Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
AssertionNot checkable as stated
Eidelman: PE capital makes buying practices unattainable for associate vets
“Now the cost of doing that because of so much private equity money that's come in is unattainable for a veterinarian to buy their boss's practice.”
Steven EidelmanApr 17, 2025▶ 22:49Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
Opinion
Eidelman: Veterinary care's cash-pay model attracted opportunistic, value-extracting capital
“People figured out veterinary care is a good business. It's a hundred percent cash pay, and you have this sort of emotionally driven spend with a, especially a demographic that's changing and wants, cares more and wants to spend more. So it attracted a lot of,…”
Steven EidelmanApr 17, 2025▶ 16:36Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
Insight
Eidelman: Software alone cannot transform human-centric veterinary care
“I think otherwise software alone is not going to change. What is an incredibly human experience”
Steven EidelmanApr 17, 2025▶ 30:05Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
Insight
Eidelman: Google search eroded the veterinarian's exclusive influence with pet owners
“The veterinarian used to always be the most trusted resource if you're a pet owner. And this was around the time where we're starting to now Google everything. Right. And in parallel, the veterinarian sort of losing that sway and that role of influence.”
Steven EidelmanApr 17, 2025▶ 7:27Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
Insight
Eidelman: Providing veterinarians with more data fails to improve their overwhelming workflow
“And what we saw was that giving a veterinarian more data isn't helping their day to day, which is already almost an impossible task to get through.”
Steven EidelmanApr 17, 2025▶ 8:32Rebuilding a broken industry from scratch (Modern Animal's Steven Eidelman) | Masters of Scale
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