Common Ways Your Practice Is Losing Money

Posted by Vinnie Rawat on Mon, Dec 21, 2020 @ 09:12 AM

When you have been working at your practice for so many years and can't remember the last time you modernized something, you could find yourself stuck in a rut. That's why you need to be up to date with the latest technologies and policies being implemented in the industry.

Constantly comparing yourself to other practices and being aware of what's in the loop can keep you from having a low cash flow, or worse, losing profit. We've come up with some of the most common optical dispensing mistakes your practice might be making that could be costing you money.

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Eyecare Companies That Got Creative in 2020

Posted by Madhu Singh on Thu, Dec 17, 2020 @ 08:12 AM

Earlier we made a list of eyecare companies that were promoting innovation in our field. Now, we'll highlight some companies that stepped up their optimization in a year where everyone had to work quickly to find solutions to new obstacles.

These companies span different parts of the eyecare practice experience, but all of them focus on the common goal of providing the best patient care possible.

See who we picked and let us know if you think any other companies should be added to the list in the comment section below.

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Setting Staff and Team Goals in Your Eyecare Practice

Posted by Janelle Pauli on Mon, Dec 07, 2020 @ 15:12 PM

Every business should be working towards some type of goal. Goals help motivate your team and help you measure and monitor success on different initiatives in your practice. But, it's also something that's easy to push to the wayside when you're all busy managing a practice and taking care of patients day in and day out.

Today we want to share with you some of the reasons you should prioritize setting goals before the new year and then share a quick way for you to narrow down goals for yourself, your practice, or your team.

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Important Business Reports for Eyecare Practice Success

Posted by Madhu Singh on Wed, Nov 04, 2020 @ 09:11 AM

We're no strangers to the power of analytics and reporting here. We talk about the 5 Essential Insurance reports to make sure you're gaining transparency into your denials and rejections. We also discuss the different ways Google Analytics and generating other website or marketing campaign reports can improve the effectiveness of your digital investments.

Furthermore, you can’t create realistic goals for your practice without understanding which parts of your business generate the most revenue, how to improve employee output, and other performance metrics that need to be tracked over time. Here's an excerpt from our ebook, 5 Year Plan for ODs, that goes over the different reports in EDGEPro that you might want to focus on now.

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How to Avoid the Fall Slump in Your Optical Practice

Posted by Megan Ludzenski on Tue, Oct 13, 2020 @ 15:10 PM

As we set into fall, there is a lot to look forward to: cooler weather, cozier clothing, and pumpkin flavored everything. On the reverse side, there are some things about fall you may be dreading, one of those things being the fall slump. As the end of the year approaches, it seems we become unmotivated in various aspects of our lives, including work.

With the back to school rush coming to a halt, and the end of the year being a few months away, you might also be suffering from a fall slump in your sales as well. You don't have to let your practice become a victim of the fall slump; there are some things you can do in your practice to get your books and your staff through the rest of the year.

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