Finances

  • 4.0K

    Grow or Die: Complacency is a Practice Killer

    By Robert SchultzIf you get accustomed to making a comfortable income from a practice with flat growth, you may face a sobering...

  • 2.6K

    Is There An Optometric Gender Gap?

    By Ally Stoeger, ODWomen are increasingly present in the profession of optometry, and women predominate in optometry schools. So why are female...

  • Is Your Malpractice Coverage Adequate?

    By Pamela Miller, OD, JDAre you--and all of your associates, partners and part-time staff—fully covered by malpractice insurance? Here are three simple...

  • 4.1K

    Add An Additional Exam Lane? Calculate If It’ll Pay Off

    By Rajeev K. Raghu, OD, FAAOAdding an additional exam lane allows you to see more patients per day and boost gross revenues....

  • 3.0K

    Lessons from an Office Relocation

    By Nathan Bonilla-Warford, ODA new office offers great potential for practice growth—but relocation also requires careful planning and execution.

  • 1.7K

    Credit Card Spring Cleaning: Examine Recurring Charges and Fees

    By Ally Stoeger, ODDo a spring cleaning of automatic payments and annual fees you have set up on your credit cards. Eliminating...

  • 2.6K

    Build Patient Purchases with Financing Options

    By Peter Bae, OD, MSBuild patient purchases with financing options that often increase the average eyewear sale. With financing, you also are...

  • 4.3K

    Frame Inventory ROI: Track and Measure Proven Worth

    By Eric M. White, ODMaximizing revenues from your optical dispensary requires tracking and measuring the performance of each frame line--then fine-tuning the...

  • 1.3K

    Building Out a New Office Space: the Importance of Design

    By Ally Stoeger, ODThe exciting but stressful build-out process of turning raw space into an optometric practice gets you thinking about the...

  • 2.4K

    Five Ways to Leap Forward in Practice Management

    By Amir Khoshnevis, ODToday is Leap Day—the perfect time to consider strategies to let you leap forward!

  • 3.3K

    Do a Financial Benchmark Reset: Revenue-Per-Patient

    By Scot Morris, ODThe year is still young enough for you to make 2012 a financial milestone. Best place to start: measuring...

  • Vendor Agreements: Understand Terms, Adjust Practice Policies

    By Pamela Miller, OD, JDBase your practice policies on a close reading of the terms of the agreements you sign with vendors....

  • 1.8K

    My Optometric Practice–the Second Time Around

     By Ally Stoeger, ODComing out of retirement to start a second optometric practice has its rewards—and its challenges.

  • Understand Terms of Leased Instrumentation to Save Money

    By Robert Schultz and Jeanne FletcherLeasing can provide a cost-effective way to add instrumentation to your office. By fully understanding the terms...

  • 2.6K

    New Year 2012: Optometric Business Checklist

     By Nathan Bonilla-Warford, ODAre you ready to make 2012 your most profitable year yet? Now is an excellent time to review your...

  • 2.6K

    Four Steps to Take to Prepare Your Practice to Sell

     John R. Scibal, OD, AIBAThe market in practice sales is coming back--but a successful sale must work for both parties. Buying well...

  • 1.8K

    Set Yourself Up for a Successful Optometric Career

     By Aly Stoeger, ODSuccess is measured not just in dollars and cents. Take simple steps that reduce stress in your workday and...

  • 2.7K

    “Help! I Need Somebody!” When Is it Time to Hire an Optometric Consultant?

     By Nathan Bonilla-Warford, ODWhen the practice improvements you seek seem beyond your expertise, an optometric consultant can guide you down what the...

  • 2.5K

    Effective Billing Policies to Limit Collection Problems

     By Pamela Miller, OD, JDEstablish policies to minimize uncollected revenues by requiring full or partial payment at the time of service or...

  • 3.5K

    Marketing by the Numbers: Measure Often for Success

     By Alissa Wald, OD, and Scott DanielsMarketing your practice costs money--so make sure you’re getting a good ROI for your marketing campaign....

  • 1.5K

    Are You the Steve Jobs of Your Practice?

     By Nathan Bonilla-Warford, ODWhat can ODs learn from the leadership style of Apple’s Steve Jobs? As the CEO of your practice, you...

  • 7 Questions to Ask Before Joining an Optometric Alliance

     By Jerry Hayes, ODAn optometric alliance can help build your practice with business education and consulting, as well as with product and...

  • 1.8K

    Mentor a New Practice Owner to Share Knowledge–and Gain It

     By Laurie Sorrenson, OD, FAAOOne of the most rewarding experiences as an established practice owner is mentoring ODs who have just launched...

  • 2.5K

    Purchase a Second Practice to Finance a Primary Practice

     By Yoongie Min, ODBuying a second location that is established and flourishing can help to help finance a primary office that is...

  • 2.2K

    Tremendous Growth for Your Practice is Possible with OD Excellence

     Many practices today need an expert in the field — someone who can help exceed practice goals and objectives, someone who can...

  • 2.8K

    Streamline the Exam Process: Reduce Extraneous Testing to Save Time and Increase Appointments

      By Scott Jens, ODEliminating tests that patients do not need can save time, allow you to schedule more exams, and increase revenues.

  • 2.3K

    Put in Place the Organization You Need to Implement Goals

     By Arthur GearyOnce you  have identified the practice goals you want to achieve and have put the right leadership and culture in...

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