Assuming you're talking about Deer/elk type game. I've seen High shoulder shots bloodshot the front part of the loin. On Deer its usually not much loss, but can be a good amount of meat on an elk. Unless you break the bones on an elk, they can go a LOOOONG way with a high shoulder hit, we tracked one nearly 4 miles that had the top of both lungs hit (I still can't believe it myself, and I saw it!) Of course a lot of high hits will take out the spine and that means "lights out".
As far as the shoulder meat, I usually turn it into hamburger any way. And the Butcher should take any bloodshot meat and dispose of it. I however have known folks that would soak it in salt water to get a lot of the blood out and then trim it close and grind it up as well. Personally, I'm not THAT stingy with my dog.
If some is good and more is better, then too much is just right.
My mind is a raging torrent, flooded with rivulets of thought, cascading into a waterfall of creative alternatives