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Rick LeCouteur
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Corporate Greed (Part 7): The takeover of vet med in Europe (#470)
Looking up the ownership structure of your local vet clinic in Europe may be complicated . It's likely that your clinic is part of a sprawling European portfolio, controlled not by the people working in the building, but by private equity funds in London, Stockholm and New York, or by global conglomerates whose real business is pet food, junk food for people, and financial engineering. Just as in Australia [ see Corporate Greed (Part 4) in this series ], this is less a tale o
Rick LeCouteur
Dec 8, 20258 min read


Corporate Greed (Part 6): Two sides to the story (#469)
In earlier parts of this series about corporate greed, I’ve argued that the rapid consolidation of veterinary practices into large corporate groups and private equity structures is reshaping our profession, for better and for worse. I’ve raised concerns about transparency of ownership, pressure on clinical autonomy, and the way return-on-investment expectations can shape decision making in the consult room. A reply to the following blog post from someone who’s worked on the c
Rick LeCouteur
Dec 7, 20255 min read


Corporate Greed (Part 5): The takeover of vet med in Australia (#468)
Walk into many Australian veterinary clinics in 2025 and the signage still whispers family practice : familiar names, smiling vets on the wall, the reassuring language of local care . Look behind the logo, though, and you often find something else entirely. A global private-equity fund in Stockholm, New York, Sydney or Toronto, quietly extracting returns from the love Australians have for their animals. This is not a morality play about good and bad ownership. It is a caution
Rick LeCouteur
Dec 6, 20257 min read


Corporate Greed (Part 4): The $45 billion vet med buyout (#467)
Veterinary medicine, once a calling driven by compassio n, community , and a deep sense of duty to animal welfare , is facing a quiet but growing crisis. A crisis rooted in corporate greed . Over the past two decades, a wave of consolidation has transformed the profession. Small, independently owned veterinary clinics are being swallowed up by private equity firms and large corporations. The consequences, for pets, their owners, and the professionals who care for them, are be
Rick LeCouteur
Dec 6, 20253 min read


Canine Brains, Human Profits (Part 2): A short perspective piece (#466)
(Part 1 of Canine Brains, Human Profits was published in November 2025 here: https://www.ricklecouteur.com/post/canine-brains-human-profits-part-1-toward-fair-collaboration-in-neuro-oncology-455 ) Veterinary neurosurgery now sits at a crossroads where clinical care , comparative oncology , and commercial innovation increasingly overlap. Laser interstitial thermal therapy, high-frequency electroporation, and systemic mRNA platforms are no longer theoretical tools. They are b
Rick LeCouteur
Dec 5, 20254 min read


Who Really Chooses Our CE? Corporate influence on veterinary conferences (#465)
Every year, tens of thousands of veterinarians file into convention centers, hotel ballrooms, and exhibition halls to fulfill their CE requirements. We trust that what we hear in those rooms is guided by science, not sales. We assume that topics are chosen because they’re important for animal health, and that speakers are selected for their expertise, not for their logo affiliations. But here’s the uncomfortable surprise I ran into when I went looking for hard data on this to
Rick LeCouteur
Dec 4, 20258 min read


Doublethink (2): Chancellors, deans, corporate boards & vet med (#462)
George Orwell gave us a useful little word for a very modern problem: Doublethink . The ability to hold two conflicting ideas in your head at the same time, and to believe both. In Orwell’s 1984 it sounded extreme: “2 + 2 = 5” and “2 + 2 = 4” living side by side in the same brain. Today, we don’t have a 1984 Ministry of Truth , but we do have something more polite and better dressed: University leaders who are expected to be wholly dedicated to the public good, while also s
Rick LeCouteur
Nov 28, 20256 min read


Rounds to Revenue: Comparing residency in universities and private practice (#457)
In both settings, the veterinary resident is in the middle of a quiet crisis. But the shape of that crisis, and the forces driving it, look different in a university teaching hospital than in a private specialist practice. Think of them as two parallel worlds with the same young clinician at the center, pulled by different kinds of gravity. Who is the Resident? In a university teaching hospital. The resident is, officially, a learner and a teacher . Patients and client
Rick LeCouteur
Nov 24, 20256 min read


Who Owns Your Vet (11)? How to find out if your vet is a corporate asset or an independent entity? (#456)
When your dog is vomiting at 2 a.m. or your cat suddenly stops eating, you aren’t thinking about private equity, holding companies, or corporate structures. You’re thinking about trust . You want a veterinarian who listens, explains, and puts your pet ahead of profit. But behind the friendly faces at the front desk, the ownership of veterinary hospitals has changed dramatically. In many countries, a growing share of clinics are now owned or funded by large corporations and pr
Rick LeCouteur
Nov 20, 20256 min read


Canine Brains, Human Profits (Part 1): Toward fair collaboration in neuro-oncology (#455)
In the past few months, three papers using dogs as models for brain tumor research have landed on my desk, and they’ve been hard to stop thinking about. The first , by John Rossmeisl and colleagues, explores how high-frequency irreversible electroporation (H-FIRE) reshapes tumor-derived extracellular vesicles and nudges the brain’s immune landscape. https://www.scilit.com/publications/4f97ed7da675ba231c52663a0d387ed9 The second , led by Sheila Carrera-Justiz, reports a system
Rick LeCouteur
Nov 19, 20255 min read


The Ginkgo Divide: A metaphor for Vet Med (#454)
The ginkgo leaf holds two distinct lobes on a single stem. You can think of one lobe as the independent practice and the other as the corporate practice . They look separate, even pull in slightly different directions, but they’re joined at the same base: the veterinary profession’s oath to relieve suffering, protect animal welfare, and serve the bond between people and their animals. Hold the leaf up to the light and you see those veins radiating out like a river delta. Tha
Rick LeCouteur
Nov 18, 20252 min read


Corporate Greed (Part 3): Can Vet Med Still Change Course? (#452)
In climate science, we talk about tipping points , externalities , and a just transition . These are not just abstract terms for melting ice sheets and coal plants. They are also a remarkably accurate vocabulary for what is happening to veterinary medicine in 2025. Veterinary care, like the climate, is being reshaped by powerful economic forces that gather momentum quietly and then suddenly feel unstoppable. The question in both arenas is no longer whether change is occurring
Rick LeCouteur
Nov 18, 20256 min read


Corporate Greed (Part 2): What Might Scott Galloway say? (#450)
There aren’t many marketing professors who become household names, fewer still who manage to turn balance sheets and antitrust policy into compelling storytelling. Scott Galloway , NYU Stern professor, serial entrepreneur, podcaster, columnist, and now commentator on masculinity, has somehow done exactly that. At a moment when tech feels untouchable, politics feels tribal, and a lot of young people feel lost, Galloway has positioned himself as a kind of blunt, data-driven unc
Rick LeCouteur
Nov 16, 20257 min read


Corporate Greed (Part 1): A Marvel(lous) analogy for 2025 (#448)
In Marvel Comics, the Juggernaut (aka. Cain Marko ) has a brutally simple power set. Once he starts moving, he cannot be stopped. Gifted with mystical strength by the entity Cyttorak , he becomes a living avalanche. Walls crumble, streets tear open, heroes scatter. And yet, for all his brute force, he has a weakness. Remove his helmet and telepaths can pierce his mind, slow him, even bring him down. The Crimson Gem of Cyttorak: Where the Power Comes From Juggernaut was not b
Rick LeCouteur
Nov 14, 20255 min read


Who Owns the Microphone (Part 2)? Corporatization and the vanishing vet voice (#446)
In Part 1 , I asked a simple question: Where, in 2025, does our profession openly and respectfully challenge one another’s ideas? We talked about the demise of letters to the editor, the rise of VIN and WhatsApp groups, and the strange new world where LinkedIn has become a kind of global hallway conversation for veterinary medicine. But there’s another question sitting behind all of this, and it’s more uncomfortable: Who benefits when veterinarians say less in public? Because
Rick LeCouteur
Nov 12, 20256 min read


Who Owns the Microphone (Part 1)? Why Vet Med needs its courage back (#445)
Once upon a time, if you wanted to challenge an idea in veterinary medicine, you wrote a letter. You read an article in a journal, you disagreed with the conclusions, or the statistics, or the ethics, and you put pen to paper. A few weeks or months later, your letter appeared in print alongside a reply from the author. The whole profession could see the debate, in black and white, preserved for the record. It wasn’t perfect, but it was authentic and ours . It was slow, thoug
Rick LeCouteur
Nov 12, 20255 min read


Rethinking Success in Vet Med: It takes a team to save a life (#443)
In veterinary medicine, as in many professions, we often celebrate the stars . The surgeon with flawless hands. The diagnostician who spots the zebra in a herd of horses. The researcher whose name appears first on a publication. But in doing so, we sometimes forget that modern veterinary care is not a solo performance. It is a symphony. One that falters if even a single instrument is ignored. The Problem with Stardom in Veterinary Culture Most clinics and teaching hospitals
Rick LeCouteur
Nov 8, 20253 min read


When the Reviewer Isn’t Human: AI and the future of scientific judgment (#442)
Artificial intelligence has entered the world of scientific publishing with astonishing speed. What began as a convenience for grammar correction and language polishing has evolved into something far more potent: an analytical assistant , a reference engine , and, increasingly, a silent reviewer . The appearance of AI-generated text in manuscripts, and even AI-assisted peer reviews, has raised fundamental questions. What happens when artificial intelligence becomes not just a
Rick LeCouteur
Nov 8, 20255 min read
![Rethinking Leadership in Veterinary Neurology: Why Europe now leads [An opinion piece] (#441)](https://static.wixstatic.com/media/6c9f24_ed19894b77b34f12934bee30fa27b05f~mv2.jpg/v1/fill/w_333,h_250,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/6c9f24_ed19894b77b34f12934bee30fa27b05f~mv2.webp)
![Rethinking Leadership in Veterinary Neurology: Why Europe now leads [An opinion piece] (#441)](https://static.wixstatic.com/media/6c9f24_ed19894b77b34f12934bee30fa27b05f~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_avif,quality_auto/6c9f24_ed19894b77b34f12934bee30fa27b05f~mv2.webp)
Rethinking Leadership in Veterinary Neurology: Why Europe now leads [An opinion piece] (#441)
For much of the late 20th century, veterinary neurology and neurosurgery were disciplines dominated by the United States, driven by large academic centers, NIH-funded comparative studies, and the early establishment of the Neurology Specialty of the American College of Veterinary Internal Medicine (ACVIM) . Yet, over the past two decades, a quiet but unmistakable seismic shift has occurred. Europe has not only caught up but now appears to lead the world in research productiv
Rick LeCouteur
Nov 3, 20255 min read


Who Owns Your Vet (10)? Lessons from the People’s House (#433)
The White House stands with its East Wing demolished beside a veterinary hospital partially destroyed. This is a shared metaphor for the erosion of dignity in both governance and medicine, and the hope of restoration through integrity. I have been following the destruction of the White House East Wing with sadness and reflection. Then it occurred to me. Could this be a metaphor for what is happening in veterinary medicine? The Meaning of the People’s House There’s a certain
Rick LeCouteur
Oct 28, 20253 min read
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