Practice Management Channel

Insights to Impact

A new six -part series of articles and podcasts. Articles in this series detail the insights that 2020 and 2021 taught optometry and how those insights translate to actions that are having a positive impact on the profession. Read More...

Make Your Practice Accessible to All Patients, Regardless of Insurance Type

Patients need your expertise, services and care, but what happens when they have an insurance type that your office doesn’t accept? They go elsewhere for care. Now there is a solution, Anagram (formerly Patch), that enables you to process patient insurance...

Practice Transitions with MyEyeDr.: ODs’ Perspectives

In many regions of the U.S. , ODs are being approached by private equity groups to sell their practices. The stakes are high, but the rewards can be considerable. Here several ODs share their experiences selling their paractices to MyEyeDr.

  • 2.5K

    Financial Management: How Much Should You Delegate?

    By Diane Palombi, ODBe hands-on with your practice's financial management. This secures your revenues and keeps you aware of your profitability.

  • 3.5K

    Monthly Bonuses: Incentivize Employees to Boost Revenues

    By Andrew J. Neukirch, ODReward employee performance with a monthly sales-based bonus system. Share practice growth with staff and review same-month revenue...

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    Major Implications of Health Care Reform–for Independent ODs

    Vision Source commissioned Review of Optometric Business to create “Navigation Guide to Health Care Reform for Independent Optometrists,” a report summarizing important...

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    Major Implications of Health Care Reform–for Independent ODs

    Vision Source recently commissioned ROB to create the “Navigation Guide to Health Care Reform for Independent Optometrists.” Included in the report are...

  • Staff Education: CE Pays Off

    By Kenneth Sakazaki, ODInvesting in continuing education for office staff pays off in improved service to patients and an enhanced practice brand....
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    2014 Optometric Business Innovators: Contact Lens Dispensing

     Forward-thinking ODs provide fresh ideas that colleagues can use. This month, we honor ODs who are innovative in contact lens dispensing, selected...

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    Practice Philanthropies: Enhance Connection to Your Community

    By David I. Geffen, OD, FAAOSupporting philanthropies is a great way for your practice to give back, and helps connect you to...

  • Acquiring a Practice: Management Lessons Learned

    By Ann Rea Miller, ODIn buying a practice, avoid the pitfalls that can dash your hopes and dreams. Here are key lessons...
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    Alternative Minimum Tax: Investing in Your Practice May Reduce Your Tax Bill

    By Adam Cmelja, CMFAUnderstanding the alternative minimum tax can save you money. In fact, investing in your practice may reduce your tax...

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    Increasing Commitment: Four Keys to Retaining Valued Employees

    By Melanie J. Denton, OD, FAAOand Paul Johnson, MBA, PhDRetaining and developing valued employees is critical to delivering superior care--while losing employees...

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    Eight Steps to Cut Costs and Increase Profits

    By Laurie L. Sorrenson, OD, FAAOKeeping your costs of operation down is a key to creating a profitable practice. Here are simple...

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    Which is Better: One Career or Two?

    By Cheryl G. Murphy, ODFor an optometrist, a second professional life can put your optometric knowledge to use and challenge you in...

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    Manager vs. Friend: Strike a Balance With Employees

    By Diane Palombi, ODManaging employees well means striking a balance between being their manager and their friend. Be enough of a manager...

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    2014 Optometric Business Innovators: Business Management

     Forward-thinking ODs provide fresh ideas that colleagues can use. This month, we honor ODs who are innovative in business management, selected from...

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    Choosing Co-Managing Surgeons: Select Well and Continually Monitor

    By Charles Aldridge, ODThe surgeons to whom you refer patients must be chosen well, and their outcomes must be monitored over time....

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    Climb the Associates Ladder: Seven Steps Toward Ownership

    By Chad Fleming, OD, FAAOFor an associate intent on a partnership, performing seven steps well adds value to the practice—and gets you...

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    Measure Profitability with a Profit & Loss Statement

    By Melanie J. Denton, OD, FAAOLike any small business owner, OD-owners need to closely monitor their practice's gross and net revenues. Do...

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    Key Questions to Ask When Financing a Second Practice Acquisition

    By Bob SchultzWhen seeking financing to acquire a second practice, asking four key questions can help you to borrow well--and become profitable sooner. 

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    OD-MD Partnership: The Co-Owned Practice Must Benefit Both

    By David I. Geffen, OD, FAAOA practice partnership between optometrists and eye surgeons can be a beneficial endeavor for both MD and...

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    Disability Insurance: Safeguard Your Practice and Profits

    By Adam Cmelja, CMFAWhat happens to your practice if something happens to you, the primary revenue-generator? Adding comprehensive disability insurance that covers...

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    Patient Financing: Employ it for a Marketing Advantage

    By Gary M. Freestone, OD, and Charla ThrashOffering financing on optical goods and eyecare services provides a marketing advantage—if you show all...

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    2014 Optometric Business Innovators: The Patient Experience

     Forward-thinking ODs provide fresh ideas. They are the focus of our fourth annual Optometric Business Innovators report from Vision Monday and Review of...

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    Independent vs. Corporate Optometry: Which Is Right For You?

    By Diane Palombi, ODBoth independent and corporate optometry have their advantages. Here are pros and cons to determine your best career path.

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    Scribes in the Exam Room: Patient Experience & Efficiency Enhancer

    By Yoongie Min, ODUsing scribes in the exam room lets you view the patient, rather than a clipboard or computer screen. Also,...

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    Top Metric to Track: Eyewear Rxes per 100 Complete Exams

    By Thomas F. SteinerDirector of Research, Review of Optometric BusinessEyewear sales are the largest revenue source in most practices. Eyewear dispensed per...

  • Seeking Topnotch Colleagues? Look Beyond Their Academic Record

    By Brian Chou, OD, FAAOLooking for new staff members? Look past their academic record and grade point average. The best employees often...
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    The New 3.8 Percent Tax: Strategies to Keep Money in Your Pocket

    By Adam Cmelja, CMFAProven strategies can minimize your exposure to a new 3.8 percent tax. Saving money requires that you act early.

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