All finances Articles

• 3.0K

  Finances

  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...

• 8.3K

  Practice Metrics

  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...

• 2.6K

  Finances

  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.

• 5.3K

  Practice Metrics

  Top Metric to Track: Complete Exams Per OD Hour

  Here's the best way to compute exams per OD hour.

• 7.3K

  Practice Metrics

  Top Metric to Track: Gross Revenue Per Complete Exam

  By Thomas F. SteinerDirector of Research, Review of Optometric BusinessThis is the first in a series of articles on leading metrics that...

• 2.3K

  The Optometric Minute

  Opening a Second Practice: Tips for Success

  Penn Moody, OD, owner of Moody Eyes in Indianapolis, is one year into the acquisition of an existing practice that complements his...

• 8.6K

  Finances

  Practice Purchase or Expansion: Manage Expenses to Reach Profitability

  By Chad Fleming, OD, FAAOPurchasing or expanding a practice can be more costly than you think. Here is how to break down...

• Finances

  Acquiring a Second Practice: Six Tough Questions to Ask Yourself

  By Robert SchultzMost doctors are surprised at the initial low return of a second practice acquisition. Look at the entire picture, not...

• 2.6K

  Finances

  Online Listings: Be Effective When Listing Your Practice for Sale

  By Mark Wright, OD, FCOVDIncrease your chances of finding a buyer by strategically listing your practice online. The web sites of optometry...

• 2.5K

  Finances

  Refract Your Finances to 20/20: Put More Money Away for Retirement

  By Adam Cmelja, CMFASecuring your financial future takes careful preparation. Here is how an OD and his wife worked with a financial...

• 29.6K

  Finances

  Starting Cold: Calculate & Manage Expenses to Reach Profitability

  By Chad Fleming, OD, FAAOStarting a new practice cold may be more costly than you think. Here is how to break down...

• 2.2K

  Finances

  Patient Financing: Communicate the Message, Facilitate the Purchase

  By Gina M. Wesley, OD, MS, FAAOProviding patients with financing options is a welcome service that can boost revenues. A provider rep can...

• 2.8K

  Finances

  Annual Financial Review: Scrutinize Expenses, Fine-Tune Profits

  By Rachael Click, ODCreating a budget for the new year based on last year's financial successes and failures allows you to plan...

• The Optometric Minute

  Put a Financial Management Strategy in Place

  Carl Spear, OD, of Sign and Sound Eyeworks in Pensacola, Florida, advises that any practice must operate from a sound and comprehensive...

• 2.0K

  Finances

  Wealth Management Tools: Secure Your Financial Future in the Present

  By Adam Cmelja, CMFAIt's never too early to think about the wealth management tools that will help you plan for a secure...

• 4.7K

  Finances

  Understand Relevant Costs to Make Better Decisions

  By Jim Moore, OD, MBADo you know what your relevant costs are? Understanding this concept can mean the difference between profitability and...

• 9.2K

  Finances

  Key Financial Metrics to Track–and Improve–for Profitability

  By Gerald A. Eisenstatt, OD, MBAIsolating and tracking key financial metrics will allow you to see where you can improve and thereby...

• 2.6K

  Finances

  Collaboration: Foster Productive Interaction with Peers

  By Harue J. Marsden, OD, MS, FAAOThere is a fine line between collaboration and competition. But when the right balance is struck,...

• 3.4K

  Finances

  OD Peer Groups: Creativity Comes from Within and Without

  By Brian Blount, ODOptometrists can discover good ideas in unexpected places—like from their peers.

• 2.1K

  Finances

  Autumn Time Management: List Your Key To-Dos

  By Laurie L. Sorrenson, OD, FAAOFall is a busy time for many ODs. Creating a to-do list can help you to focus...

• 2.7K

  Finances

  Moving Office Space: Careful Planning Pays Off

  Gordon G. Wong, ODMoving to a new office space can expand your capacity to better serve patients and max out profits--if you...

• 2.9K

  Finances

  The State of the Optometric Profession: Increase Demand Among Existing Patients

  By Thomas F. SteinerDirector of Research, Review of Optometric BusinessAOA Excel recently commissioned Jobson Medical Information to assess the current status of...

• 2.1K

  Finances

  An Open Letter to Contact Lens Manufacturers

  By Brian Chou, OD, FAAOContact lens vendors who sell to optometric practices can be an ODs best friend--if the relationship is productive...

• Finances

  Observations from a New Practice Owner: 4 Keys to Success

  By Maria Sampalis, ODBecoming a successful new practice owner means taking a multifaceted approach including honing communicating skills, offering competitive pricing of...

• 5.2K

  Finances

  The State of the Optometric Profession: Optometry Has Excess Capacity

  By Thomas F. SteinerDirector of Research, Review of Optometric BusinessAOA Excel recently commissioned Jobson Medical Information to assess the current status of...

• Finances

  Advice for New and Experienced ODs: Understand Essential Business Concepts

  By Gerald A. Eisenstatt, OD, MBADo you understand and apply essential business concepts in managing your practice? Whether you are a new...

• 2.4K

  Finances

  Connect the Docs: Make the Connections Required By Healthcare Reform

  By Aaron Lech, OD, FAAOIs your practice ready for healthcare reform? Now is the time to learn about the healthcare exchanges  and...