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Provide: The Path to Owning It

Written by: Corey Brown Marketing Leader with Provide
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  • Summary

  • If you’re a healthcare provider looking for advice on today’s toughest practice ownership challenges – you’ve come to the right place. No matter where you are in your healthcare practice ownership journey, it all began with the dreams you had for your future. Whether you own a practice or are just graduating from school, you’re somewhere on the path to making your dreams a reality. Provide is a fintech on a mission to financially empower healthcare providers like you with great people and innovative technology. On this podcast, The Path to Owning It, Provide’s helping pave the way for you to achieve your dental or veterinary career dreams and guide you through all the nuances of practice ownership. Twice monthly, host Corey Brown, a marketing leader at Provide with over a decade in the healthcare industry, will tap into Provide’s unparalleled network of industry experts (and by the way, we suggest you do the same) and share the tools you need to take your practice ownership dreams into your own hands. Founded in 2013, Provide is a national fintech company headquartered in Columbus, Ohio with experts nationwide. Provide financially empowers healthcare providers to achieve their practice ownership dreams through a streamlined, completely online finance experience and personalized customer service. Its integrated suite of financial and banking products makes opening, running, and expanding a healthcare practice easier, giving providers back their time and energy to focus on what matters most: their patients. In August 2021, Provide became a wholly-owned subsidiary of Fifth Third Bank, and in October 2023, began operating as a division of Fifth Third Bank. In 2023, Provide was named to Fast Company’s list of the World’s Most Innovative Companies, ranking among the top 10 brands in the finance category. Learn more at getprovide.com, and join the conversation on Facebook, LinkedIn, Instagram, and TikTok.
    ©2024 by Provide
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Episodes
  • 44. Established veterinarians share advice for aspiring and new hospital owners, with Dr. Dan Markwalder, DVM, and Dr. Peter Weinstein, DVM

    44. Established veterinarians share advice for aspiring and new hospital owners, with Dr. Dan Markwalder, DVM, and Dr. Peter Weinstein, DVM
    Apr 24 2024
    Thirty years ago, if you were starting or acquiring your first animal hospital, it was common to introduce yourself to competing owners to seek their advice. Now, there are many other informative resources for aspiring hospital owners. This week, we're embracing traditional ideals, introducing two established providers in animal care to discuss what they’ve learned from their professional journeys and what they would do differently if they were to do it all over again. Dr. Dan Markwalder, DVM, has been a veterinarian for 33 years and, for 28 years, has owned and operated a number of companion animal hospitals in and around the Chicagoland area. Now he’s partnered with Mission Veterinary Partners as their chief veterinary officer. Dr. Peter Weinstein, DVM, has worked in the field of veterinary medicine from an early role as a 15-year-old kennel kid to a hospital owner. He has assumed leadership roles, including presidencies at Southern California VMA, California VMA, and Vet Partners. Currently, he is also teaching business and finance at the Veterinary College of Western University of Health Sciences. Together, we'll discuss: How animal hospital ownership has become more complex and complicated over the years What common myths about hospital ownership are holding back potential owners Why building a successful hospital requires strong leadership, a clear vision, and a supportive team How to ensure your industry partners position you for long-term success What resources are available to help aspiring hospital owners achieve their goals Are you ready to take the next step in scaling up your hospital ownership dreams? Visit getprovide.com.
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    38 mins
  • 43. Associate buy-ins: a guide for animal hospital owners and veterinary associates, with Ed Guiducci

    43. Associate buy-ins: a guide for animal hospital owners and veterinary associates, with Ed Guiducci
    Apr 10 2024
    For hospital owners, associate buy-ins can be an important tool for retaining top talent and planning for retirement. For veterinary associates, it can be the next step toward owning your future. No matter which side of the fence you’re on, a buy-in opportunity could be the right decision for you. In this episode, we're breaking down buy-ins with one of the industry's leading experts, Ed Guiducci. Ed is a veterinary business attorney who represents veterinarians in a variety of hospital transactions. He's often called upon to advise veterinarians on the best legal structure for their hospital; merging, buying, and selling veterinary hospitals; and structuring associate, owner, and buy-in agreements. Together, we'll discuss: How to determine whether an associate buy-in is the right move for you Different ways to structure compensation in a buy-in agreement How to determine a fair valuation for your hospital Why an associate buy-in is an attractive retirement strategy for animal hospital owners How to account for selling to a corporate entity in a buy-in agreement Are you ready to take the next step in scaling up your hospital ownership dreams? Visit getprovide.com.
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    28 mins
  • 42. The design-build process explained, with Ron Evans and Joe Golden

    42. The design-build process explained, with Ron Evans and Joe Golden
    Mar 27 2024
    Deciding to build your own healthcare facility is a big decision. Realistically, it's just the start of a long, nuanced journey. Working with a partner who specializes in the healthcare industry can potentially save you hundreds of thousands of dollars and months of delays. In this episode, we're talking to Ron Evans and Joe Golden from Cadre Construction, a Texas-based general contractor providing a one-stop shop for commercial construction, real estate, and architecture expertise. Their firm specializes in designing and building healthcare facilities that meet providers' needs. They'll explain: How design-build firms offer a streamlined approach to construction projects, providing expertise in both design and construction Why site selection is a crucial step in the design-build process and shouldn’t be attempted on a DIY basis Why working with healthcare-specific builders and developers can save time and money Some common challenges that healthcare facility construction projects face How the timeline and cost of a construction project can vary depending on a number of factors Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    38 mins
Small Business & Entrepreneurship Management & Leadership Economics
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