Private Equity Is Behind Skyrocketing Vet Bills — Corporate Takeover of Pet Care Exposed

Private Equity Is Behind Skyrocketing Vet Bills — Corporate Takeover of Pet Care Exposed

Up to 50% of US veterinary clinics and 75% of emergency animal hospitals are now owned by massive corporations and private equity firms. Prices for vet care have surged 60% as these firms buy out clinics, pet insurance companies, and even pet food brands, turning pet health into a Wall Street cash grab. Blackstone has already acquired Rover, while other firms are seizing insurance and service providers. Industry insiders warn “Big Vets” are monopolizing pet care, leaving owners with no choice but to pay inflated bills. Critics say this unchecked corporate takeover is destroying affordability — and government inaction is to blame.