“Whether telecommunications, technology or specific medical diagnostic devices, leasing may help bring in additional income and promote swift financial recovery”
In spite of risks, veterinary practices largely remained open during the Covid-19 lockdown in the UK, continuing to see animals with serious injuries or conditions, performing emergency operations and providing telephone consultations in less urgent cases.
Ensuring a safe environment
This naturally required an overhaul in all procedures, with strict guidelines recommended by the government and further protocol issued by the Royal College of Veterinary Services which can be seen here1.
The regulatory body describes remaining open as “extremely challenging” with specific instructions regarding infection prevention, the legalities of prescribing medication remotely, risk assessments and further measures advised.
The financial impact
Small-to-medium veterinary practices have taken an inevitable hit financially, being that the majority of pets were only seen on an emergency basis during the pandemic.
However with lockdown easing, surgeries can now expect to receive an influx of less-serious cases that previously were not deemed critical enough to warrant a face-to-face consult.
The benefits of leasing
What suppliers of essential veterinary equipment and their veterinary customers should be made aware of is the availability of equipment that can be made available to them via leasing. If a surgery’s equipment is outdated, whether it be telecommunications, technology or specific medical diagnostic devices, leasing may help bring in additional income and promote swift financial recovery.
Focussing on what matters
The self-isolation period was a time of great distress, especially for those who live alone and the comfort brought from having a pet during this harrowing and unprecedented time was vital for many.
The companionship that a pet provides can be paramount in reducing feelings of anxiety, stress or sorrow, and even provide comfort to those with more serious mental health issues as detailed here by the UK Mental Health Foundation2.
In the wake of the Covid-19 experience, we have been especially enlightened to the crucial role workers such as veterinary professionals play in keeping our beloved ones healthy.
GRENKE is an experienced partner to suppliers across the healthcare industry. In providing an additional payment offer for suppliers, they can lessening the outgoings for their customers practice , all whilst ensuring their business continues to grow. Medical professionals should only have to focus on what is truly important, without any financial worry.
Interested in offering your customer a different payment option?
Footnote
1/Royal College of Veterinary Surgeons (RCVS), 2020
2/Mental Health Foundation UK, 2020
