The Optometric Minute

Vision Source Next: New Opportunities for Independent Practices

July 10, 2019

It’s a competitive marketplace for independent practices to survive and thrive. Greg Groenenman, Vision Source Vice President of Business Development, tells ROB Professional Editor Mark Wright, OD, FCOVD, how the  Vision Source Next program is helping ODs to build profitable independent practices (including acquiring practices while paying down student debt). Further, Vision Source Next provides mature ODs with pathways to successfully transition practice ownership to other independent ODs.

Encouraging Independent Optometry
Supporting Long-Term Growth

MATCHING BUYERS & SELLERS. New ODs are eager to find a practice to begin their careers, and ODs at the end of their career are looking for buyers. Vision Source Next brings these two groups together.

STUDENT OUTREACH.
Students are educated about the opportunities available to them in independent practice, and learn how to get started finding the best practice to start at as an associate, or to purchase.

EXPANDING RURAL OPTOMETRY.
ODs at the start of their career learn about the opportunities and rewards of practicing in rural communities in need of eyecare providers.

 

 

PROVIDING COACHES. Vision Source Next coaches ODs building practices in everything from finding office space and negotiating leases to providing topnotch patient care.

FUELING GROWTH. Practice owners learn how to scale their practices to multiple locations while maintaining high standards of patient care and practice profitability.

BUDGETING HELP. Independent practice owners get help providing their practices with all needed resources while not over-spending, so that they stay within their budget and are profitable.

 

 

Greg Groenenman is Vice President of Business Development for Vision Source.

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