Daily News | Philly’s IndeVets helps veterinarians staff their busy animal hospitals -- and avoid burnout
Americans embraced and adopted animal companions during the pandemic, and that increased the need for veterinarians. But the intense demand for animal medicine professionals means vets and their staff are burning out quickly., a local company whose new business is staffing veterinary practices. Also known as “IndeVets,” the company says it is growing so quickly — doubling revenue every year since its inception in 2017 — that it’s projecting $30 million in revenue this year.
The Philadelphia-based IndeVets was founded by Michael Raphael, who began his career as a newspaper journalist, which included The Inquirer from 1993 to 1995. He later enrolled in Temple University’s Fox School of Business and pursued his degree at night while interning at private equity firm CMS, now Main Line Investment Advisers, in Wynnewood.
Vet practices struggle to hire and retain veterinarians, part of a mismatch between empathetic caregivers and a business model that leaves veterinarians with little flexibility or autonomy.
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