The Optometric Minute

“Vision Source Next” Premiers at VS Exchange

May 9, 2018

“Vision Source Next,” a new practice transition program designed to support the future of independent optometry against threats from private equity and online retailing, premiered at the Vision Source Exchange, held in May 2018 in Anaheim, Calif. Vision Source CEO and President Jim Greenwood explains how the program meets the needs of independent ODs who are suited either to start a practice, acquire a practice, or be employed in a practice. Vision Source will support their efforts with a series of resources to ensure their success, he says. In addition, Paul A. Williams, OD, FAAO, VP and Chief Medical Officer at Vision Source, explains the new “My Treatment Monitor” program that helps Vision Source ODs to participate in treating patients with chronic diseases that can affect eyesight and eye health.

Vision Source Next: A Program for Continuity
My Treatment Monitor: Chronic Disease Management

EMPOWER NEW OWNERSHIP: The program targets ODs, ages 25-35, who are interested in becoming practice owners, either in starting a new practice or acquiring an existing one, while serving mature ODs looking to transition out of practice.

PROVIDE OPTIONS. Some participants in the program are best suited to being practice employees, while others have an entrepreneurial spirit to start or acquire a practice. Vision Source has support making decisions, such as a geo-positioned tool that can pinpoint the best location for a practice to succeed.

SUPPORT OFFERED. Vision Source Next will be piloted with 10 new practices in the Dallas, Texas, area, which is underserved and growing rapidly. The program will help aspiring OD- ownersto  pick a location, hire staff, design their office, outfit the office with equipment, market to the community, and work a plan for success.

 

ADDRESS COST OF CHRONIC DISEASE. By 2020, over 150 million Americans will experience a chronic disease like multiple sclerosis. Those diseases are sometimes treated with medications that affect eye health.

CREATE SUPPORT FOR PRESCRIBING DOCTORS. Vision Source is creating a network of optometrists, in the My Treatment Monitor program, who have the knowledge and instruments to monitor the eye health of patients on long-term medications.

ENABLE PATIENT TO STAY ON MEDICATION. Many patients can remain on medications successfully thorough effectively monitoring, and addressing, side effects that impact their eye health.

 

 

 

Jim Greenwood is president and CEO of Vision Source, a network of independent optometrists. To contact him: jgreenwood@visionsource.com.

 Paul A. Williams, OD, FAAO, is VP and Chief Medical Officer at Vision Source. To contact him: pwilliams@visionsource.com.

 

 

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