Types of practice and Ethical Marketing Flashcards
(10 cards)
Insurance
Professional Indemnity
Employers liability
Public liability
Professional Indemnity
- type of business insurance for business
-gives advice or provide a professional service to clients - covers compensation claims if vet is sued by a client for making a mistake that leads to finical loss for client
Employers liability insurance
-all employers are required to have this
- provides cover for at least £5 million
-compensation if a employee is injured or becomes ill because of work
-employer can be finned £2500 everyday if not properly insuranced
-£1000 fined if sign is not posted
Public Liability Insurance
-cover compensation payments and legal cost of member of the public sues the practice for an injury or property is damaged
Types of vet practice business
- independent practice - Owed by an indivual
- corporate - owned and operated by a company
-Joint venture partnership model - franchies vet4pets
first Opinion practice
treatment of an animal by its own vets
referral Practice
possible for more complex cases, referring . Could be another vet in same practice
Secondary Referral practice
Only accept cases referred by other practices e.g Fitzpatrick
Practice standards scheme
-voluntary scheme ran by RCVS
-Aims to promote and maintain highest standard of care of vet care
- vet practice in the scheme are called accredit practices
-year 4 years an expectation
-logo on practice
Whats needed to be apart of PSS
- Core standards
- General practice
-emergency service clinic
-Veterinary Hospital