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Cattle Boards
Health & Nutrition
What is fair markup on RX from Veterinarian?
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<blockquote data-quote="Son of Butch" data-source="post: 1395322" data-attributes="member: 14585"><p><strong>What is fair markup on RX from Veterinarian?</strong></p><p></p><p>15% mark up would be fair? Do you have any idea of a vet's office overhead?</p><p>$100 + 15% mark up = $115 or $15 (13%) gross margin per $100 of inventory sold</p><p>Where do you get the idea a veterinarian mark up of 15% over his cost is fair market value?</p><p>1 office employee at $13.00 hr + ss tax and benefits = selling $100 of inventory (at $115 retail) per hour alone.</p><p>As I stated what should matter to the end user is their cost, not the vet's mark up over his or her cost.</p><p>That is their business... not yours.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1395322, member: 14585"] [b]What is fair markup on RX from Veterinarian?[/b] 15% mark up would be fair? Do you have any idea of a vet's office overhead? $100 + 15% mark up = $115 or $15 (13%) gross margin per $100 of inventory sold Where do you get the idea a veterinarian mark up of 15% over his cost is fair market value? 1 office employee at $13.00 hr + ss tax and benefits = selling $100 of inventory (at $115 retail) per hour alone. As I stated what should matter to the end user is their cost, not the vet's mark up over his or her cost. That is their business... not yours. [/QUOTE]
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What is fair markup on RX from Veterinarian?
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