Kimball Carr | Inspire Veterinary Partners
In This Episode
In this episode of the Veterinary Innovation Podcast, Shawn Wilkie and Dr. Ivan Zak are joined by Kimball Carr, the CEO and President of Inspire Veterinary Partners, to explore a business model designed to solve some of the deepest struggles in the veterinary industry: burnout, staff retention, and the lack of wealth-building opportunities for clinic staff. Drawing on his distinguished 30-year career, which has overseen over $1 billion in revenue, Kimball explains why IVP was founded to be different from private equity-backed consolidators.
IVP’s innovation is a commitment to a long-term growth horizon, backed by an early IPO and NASDAQ listing, which provides stable capital and strategic agility. Crucially, the model is built on an Employee Stock Ownership Plan (ESOP) that grants equity to doctors, technicians, and team members across all acquired practices. Kimball details how this ESOP is structured with a multi-year vesting schedule to incentivize long-term employee retention and create real wealth. Listeners will gain insight into how a public ownership structure can prioritize clinic-level investment, support individual hospital cultures, and redefine the future of veterinary practice ownership.
Learn more about Inspire Veterinary Partners.
Kimball recommends “The Arrogance of Power” by Senator J. William Fulbright for its timely lessons on leadership and avoiding arrogance.
Topics Covered
- ESOPs for clinic staff
- Long-term acquisition strategy
- IPO vs. Private Equity