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VCA was founded in 1986 by three health care company executives, [4] Neil Tauber and brothers Robert and Arthur Antin. [3] [5] The name is an abbreviation of Veterinary Centers of America, though VCA no longer uses this full name. VCA acquired its first veterinary clinic, West Los Angeles Veterinary Hospital, in 1987. [4]
In October 2015, BluePearl Specialty and Emergency Pet Hospital was acquired by Mars Petcare division. This acquisition resulted in Mars Petcare, who also owns Banfield Pet hospital and pet food brands such as Royal Canin and Pedigree, becoming the largest pet nutrition and veterinary care provider in the world. [6]
The Companion Fund is an over $100 million investment fund that focuses on pet technology and pet care. [8 ... (Now a part of VCA Animal Hospitals) Big ...
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For scale, cutting administrative costs to peer country levels would represent roughly one-third to half the gap. A 2009 study from Price Waterhouse Coopers estimated $210 billion in savings from unnecessary billing and administrative costs, a figure that would be considerably higher in 2015 dollars. [50] Cost variation across hospital regions.
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