[Johnny555]

Vet clinics become very popular private equity targets recently.

Probably because more and more people are buying pet insurance -- our insurance paid nearly $20,000 to Sage for my dog's cancer treatments. I doubt I could afford emergency vet treatments without insurance.

[shakes_mcjunkie]

Yes. Pet insurance is an unregulated market and also has to be driving up prices.

[lotsofpulp]

I would have guessed increases in demand for healthcare for pets greater than supply of healthcare for pets to be driving up prices.