Lately, the buzz has been around private equity and the consolidation they are bringing to the industry. There is a different choice however which brings all of the value and very different, extraordinary outcomes.
Organizing a number of practices in your area into an ‘uber’ eye care provider is an excellent choice when private equity is not your cup of tea. Check out this Vision Monday article as a perfect example of a well executed consolidation. It has all the ingredients we discuss (except, I would close at least one physical office) in our white paper, The Need for Practice Consolidation in the Eye Care Industry. This white paper gets into all the benefits (and the pitfalls) of consolidating local practices into a larger group. It is a model we would love to shepherd you through. Let’s set up a dinner in your town and invite all of your colleagues to attend.