Is Your Vision Plan Loyalty Hurting Your Bottom Line?
I want to ask you a question that might be uncomfortable. How much do you actually know about the economics of the vision plans you accept — not just what they reimburse, but what they’re quietly costing you in the decisions they’re driving? In my experience talking with independent ODs across the country, vision plan […]
What Optometry School Never Taught You About Running a Profitable Practice
Let me ask you something. When you graduated from optometry school, how prepared did you feel to run a business? Let alone be a profitable practice… If you’re being honest — probably not very. And that’s not a knock on your education. It’s just the reality of how we’re trained. Four years of clinical preparation, […]
Why Independent ODs Are Losing to Corporate — And How to Close the Gap
I’ll be direct with you: the playing field between independent optometry and corporate optical is not level. And pretending otherwise isn’t doing any of us any favors. Corporate groups and private equity-backed practices have advantages that are structural, not accidental. They negotiate from a position of volume. They have centralized purchasing, dedicated operations teams, and […]
The Real Cost of Doing Nothing: What Staying the Course Is Actually Costing Your Practice
There’s a response I hear more than any other when I talk to independent ODs about their practice operations. “We’re doing fine.” And I believe them. I’m not here to tell you your practice is failing. But “fine” is a dangerous place to park, because fine has a cost — and most owner ODs have […]
Dr. Chad Fleming on The Power of Strategic Planning for Private Practices
At Partners in Profit, we believe that intentional planning is one of the most powerful tools for scaling a private practice. That’s why we’re excited to share Dr. Chad Fleming’s latest appearance on The Optometry Money Podcast, where he discusses how dedicating time to strategic planning has helped him reduce chaos, improve leadership, and increase […]
Chad Fleming, OD, FAAO Talks Private Label Success on The Optometry Money Podcast
At Partners in Profit, we’re always looking for innovative ways to help private practice optometrists thrive. That’s why we’re excited to highlight Dr. Chad Fleming’s recent appearance on The Optometry Money Podcast, where he joined host Evon Mendrin to discuss a game-changing strategy: private label products. Why Private Label? Dr. Fleming broke down how private […]
Vision Expo West 2024: PiP’s Post-Event Recap
The Partners in Profit (PiP) team recently returned from a successful and inspiring trip to Vision Expo West 2024. With a packed schedule of meetings, presentations, and member engagement, we’re thrilled to share the key takeaways and exciting developments on the horizon for our members and the industry as a whole. Setting the Stage: A […]
Preparing for Vision Expo West 2024: A CEO’s Guide to Maximizing Innovation and Networking
As the CEO of a practice with five locations and nine doctors, attending Vision Expo has become a pivotal part of my year. With the event just over a week away, I’m gearing up for what is always a highlight in my professional calendar. Here’s how I prepare for it, focusing on innovation, efficiency, and […]
Busy-ness: The Enemy of Finding a Better Way
“How are things going for you?” is a question we often hear in the hallways of professional gatherings, and more often than not, the response is a resigned, “Busy.” For owner optometrists managing multiple facets of a practice, this busy-ness becomes a default state, not just an occasional phase. The whirlwind of patient care, employee […]
Why working Smarter not Harder is essential to growing your practice’s profits
How much of every dollar you earn remains in your pocket? If it’s just a nickel, it’s time to reconsider how you’re managing your practice. Transforming these earnings into a quarter for every dollar isn’t just about working harder—it’s about working smarter. The True Cost of Being “Busy” We’ve all answered the question, “How are […]