What is MVP looking for in a potential partner?
MVP is highly selective in choosing hospitals to partner with and our number one priority is ensuring that the people embrace and share our core values.
"We look for who is going to be a good partner for us, but also who are we going to be a good partner for. Every group out there has their metrics about the size of the practice that they’re looking for and we do too, but I think what’s most important for us is the culture. We want to partner with folks who shares our core values.
For me, I think it’s really important that we partner with practices who embrace the idea of continuous improvement. The word “change” can be scary so we use the term “continuous improvement” and that’s exactly what it is. Change can be very good. The things that we want to change help improve hospitals and it’s not to say that things haven’t been good, but we want to be the best."
- Evan Stephens, VP Business Development
MVP works with our network of hospitals to implement changes to enrich the lives of our team members. We firmly believe that we can always improve and that, together, we can achieve more and build better careers for all of our people. If you think you are not open the concept your clinic could improve (even slightly), we are likely not the right fit for you.
We don’t interfere with your medicine. That’s you. We partner with practices that have high standards of care, but we don’t mettle in that. We want to do things to support you and your team and then get out of your way. It’s our job support you, give you the tools that you need, but allow you to practice great medicine because that’s what you do. If we didn’t believe you practiced great medicine, we wouldn’t be at the table talking about a potential partnership.
THINGS THAT DON'T CHANGE:
If we're having a conversation with you about partnering together it's because we believe that you've built a great business by practicing good medicine and developing strong relationships with your clients. We're not interested in changing the way you treat them. We're happy to support you and your team on these fronts, but you and your team own the medicine and the client experience.
THINGS THAT DO CHANGE
In reality, a lot is going to change, and it will be mostly felt by your staff. If any other group tells you otherwise, they're not being very forthright. Things like the payroll system, clocking in and out, personal and family benefits, vendor accounts, HR management and talent acquisition - these will all change. We believe these changes are to help the practice grow without the headaches of these items - but they are changes. For a team that's been doing things one way for 10, 20, or 30 years that type of change can be difficult. That's why we have a dedicated operations and integration team to help with change management - in order to make the integration smooth so everyone is comfortable with their new team at MVP.
How do I know this is a good fit for my team?
“We get this question a lot: “there are a lot of options out there, but what makes MVP different?” For me, it’s a simple answer: We put our people first. But what does that mean for you? That means we as a company are investing in your people, the best benefits, training, CE, and career opportunities. We’re putting dollars and people and resources into these things because we know the industry in 5, 10, 25 years from now is going to be all about having great people.”
- Evan Stephens, VP Business Development
MVP offers a guilt-free succession plan:
WE PUT PEOPLE BEFORE PROFITS
- Profit sharing program for all full-time staff
- Benefits & career development
- Ask about our dream fund
EXPERIENCED LEADERSHIP WITH DIVERSE BACKGROUNDS
- Board of Directors with 120+ years of veterinary experience
- Financial partner, Shore Capital, is in the top 1% of their industry
GREAT INVESTMENT OPPORTUNITY
- Invest with a top tier business
- Retain “ownership”
PROTECT YOUR LEGACY
- Building for 20 years down the road & your practice is part of that vision
- Valuing your people
- Medical decision making protocols
- Community involvement & engagement
How can MVP help me grow my practice?
MVP Support Functions
- Experienced recruiting specialists
- Dedicated recruitment team to fill open positions and create a funnel of highly qualified talent
- Dedicated resources to increase new patient visits
- Website optimization
- Online reputation management
- Office manager support
- Inventory management
- Scheduling analysis & enhancement
- Best practice sharing within MVP family
- Payroll administration
- Employee benefit programs & administration
- Staff training & career advancement
FINANCE & ACCOUNTING
- Centralized accounting
- Financial statement preparation
- Metrics & data management
- Accounts payable
What does the deal structure look like?
Can I include my associates?
We pride ourselves on customizing every deal to meet your personal, professional, and financial goals. Here are some of examples of different aspects of a deal, but we'll work with you to find the best solution for your needs:
For the practice owner who wants to share in the upside of MVP's rapid growth.
JOINT VENTURE OR CO-OWNERSHIP
For the practice owner who wants to maintain some ownership in their hospital.
For the practice owner who wants to provide financial upside and/or ownership opportunity to their associates.
For the practice owner who wants to cash-in on their life's work
How does the process work?
SCHEDULE A CONVERSATION
Determine if MVP is culturally the right fit for you and your team.
AGREE ON A PLAN
Work with our professionals to evaluate options and customize a plan that fits your needs.
If this is a good fit for both parties, we move forward together.