Description of Petco Health And Wellness Inc's Business Segments
We report our results of operations through two reportable segments: Animal Hospital
and Laboratory. Our Medical Technology and Camp Bow Wow operating segments do
not meet the materiality requirements to be presented as separate reportable segments.
Accordingly, they are grouped into an “All Other” category.
Animal Hospital
Services
In addition to general medical and surgical services, we offer specialized
treatments for companion animals, including advanced diagnostic services, internal
medicine, oncology, neurology, endocrinology, ophthalmology, dermatology and
cardiology. We also provide pharmaceutical products for use in the delivery
of treatments by our veterinarians and pet owners. Many of our animal hospitals
offer additional services, including grooming, bathing and boarding. We also
sell specialty pet products at our animal hospitals, including pet food, vitamins,
therapeutic shampoos and conditioners, flea collars and sprays, and other accessory
products. During 2014 we launched VCA CareClubTM as the pet healthcare solution
for pet owners who want a comprehensive and affordable way to keep their pets
as healthy and happy as possible through every stage of their lives. VCA CareClubTM
is a membership program that covers all life stages and includes: convenient
monthly payments, multiple visits to a VCA hospital each year, veterinarian-recommended
vaccines, prevention and early detection tests of serious diseases and routine
dental care. We believe this preventative and early detection wellness program
offers our customers peace of mind knowing they are doing the best for their
pet.
Animal Hospital Network
We seek to provide quality care in clean, attractive facilities that are generally
open between 10 to 15 hours per day, six to seven days per week.
Services
Our diagnostic spectrum includes over 300 different tests in the area of chemistry,
pathology, endocrinology, serology, hematology and microbiology, as well as
tests specific to particular diseases.
Although modified to address the particular requirements of the species tested,
the tests performed in our veterinary laboratories are similar to those performed
in human clinical laboratories and utilize similar laboratory equipment and
technologies. We believe that the growing concern for animal health, combined
with the movement of veterinary medicine toward increasing specialization, may
result in the migration of additional areas of human testing into the veterinary
field.
Given the recent advancements in veterinary medical technology and the increased
breadth and depth of knowledge required for the practice of veterinary medicine,
many veterinarians solicit the knowledge and experience of our specialists to
interpret test results to aid in the diagnosis of illnesses and to suggest possible
treatment alternatives. Our diagnostic experts include veterinarians, chemists
and other scientists with expertise in pathology, internal medicine, oncology,
cardiology, dermatology, neurology and endocrinology. Because of our specialists
involvement, we believe the quality of our service further distinguishes our
laboratory services as a premiere service provider.
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