As veterinary costs climb, private equity ownership of clinics draws scrutiny

Veterinary care is becoming increasingly expensive for American pet owners. As prices rise, attention is turning to a major shift in the industry: private equity firms and large corporations buying up veterinary practices across the country. Paul Solman has the story.Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors.

Geoff Bennett:

If you have a furry friend, you might have noticed that veterinary care is becoming increasingly expensive. And as prices rise, attention is turning to a major shift in the industry, private equity firms and large corporations buying up veterinary practices across the country.Paul Solman has the story.

Paul Solman:

Clyde, a 9-year-old boxer who lived in California with pet parent Kylie.