June 26, 2019
IDOC, a privately-held alliance of independent optometrists, is now offering unlimited access to business analytics and reporting as a complimentary benefit to members with GPN-compatible practice management systems.
This month, IDOC will add a customized Report Card feature to the Insider benefit package, an enhancement that provides data-driven practice performance feedback in an easy-to-read dashboard format.
“More and more, data is driving decision-making for independent optometry practices,” says Dave Brown, IDOC President and CEO. “With the new IDOC Insider Report Card, we’re adding a level of visual accessibility that will communicate key performance indicators quickly, clearly and accurately.”
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Launched in January of this year, IDOC Insider is powered by EDGEPro by GPN Technologies, a provider of data and analytics software for the eyecare industry, and combines data and sell-through analytics technology with customized, metrics-driven business recommendations and incentives based on individual practice data.
IDOC Insider Report Card will display clinical and optical revenue, sales volume by product type, performance benchmarks compared to participating IDOC member averages and other key performance indicators. Those KPIs are then interpreted by IDOC practice management experts, who provide actionable “next steps” to help members identify and act on valuable market opportunities.
“We are committed to providing our members with a significant competitive advantage,” says Brown. “We believe that with the support of advanced tools like IDOC Insider, our members will out-perform industry benchmarks and be fully prepared for the future.”