Optometry practice financial health and cash control
An owner can read a profit and loss statement and still not say what the practice holds, what it owes, or which part of it earns. Profit on paper and cash in the account are different questions, and margin leaks between them.
What ORC does
Reviews practice-provided financial reports, revenue mix, overhead, cash needs, and performance indicators; identifies improvement priorities.
What ORC advises on or coordinates
Budgeting, profitability, capital allocation, and reporting improvements. Accounting, tax, financing, and formal valuation work is handled by appropriate specialists.
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Facility strategy: optometry practice site selection, leasehold improvements and space planning
Square footage allocated by commercial logic instead of clinical habit. Traffic flow, sightlines from reception, the 50·25·25 ratio, exam-lane count and dispensary square footage per lane.
What ORC does
Develops space plans, patient-flow layouts, optical display specifications, and furniture recommendations.
What ORC advises on or coordinates
Site selection, expansion, relocation, lease economics, and buildout coordination. Architects, contractors, and legal counsel perform their respective professional services.
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Optometry office IT and EHR management, data security
Most practices inherited the system they run on, and the workflow bent around it. We review how it fits the way the practice actually works, who can reach patient data, and what happens when it goes down.
What ORC does
Assesses workflow requirements, identifies system gaps, and helps compare vendors and implementation options.
What ORC advises on or coordinates
EHR selection, integrations, access controls, and business continuity planning. Technical implementation and security services are delivered by qualified providers.
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Optometry practice insurance strategy, RCM and credentialing
Payer mix sets what the practice earns before anything is billed, and claims stall in places nobody owns. We map the mix, the gap between what is billed and what arrives, and which providers are credentialed with which payers.
What ORC does
Reviews payer mix, collection performance, denial trends, and credentialing status using practice-provided information.
What ORC advises on or coordinates
Payer participation, billing workflows, denial reduction, and credentialing priorities. Billing operations, claim submission, and credentialing execution are separately scoped specialist services.
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Optometry practice services and equipment strategy
Which services a practice offers is a business decision as much as a clinical question. Equipment gets bought on enthusiasm and paid for by capacity it may not have. We model the service mix against lane utilisation.
What ORC does
Evaluates service economics, equipment utilisation, practice capacity, and proposed investment scenarios.
What ORC advises on or coordinates
Service expansion, equipment selection, and operational workflows. Clinical decisions remain with the practitioner.
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Optometry practice staffing, training and HR systems
Roles grow by accident. People are hired into a gap, trained by whoever is free, and paid on a structure nobody has revisited. We review how the team is organised, how people are coached, and what the pay structure rewards.
What ORC does
Assesses staffing structure and develops role expectations, onboarding plans, training, and performance measures.
What ORC advises on or coordinates
Hiring priorities, compensation, incentives, and retention. Employment law, payroll, benefits, and formal HR administration are handled by appropriate specialists.
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Optometry practice marketing, patient experience, recall and communication, AI visibility
Local demand generation, reactivation of the existing patient file, and visibility in AI assistants — now where a growing share of patients ask for a recommendation.
What ORC does
Assesses patient acquisition, retention, communication, local visibility, and the patient journey; develops an improvement plan.
What ORC advises on or coordinates
Campaign execution, website improvements, recall programs, reputation management, and AI visibility through Optical Retail Marketing or other agreed providers.
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Optical retail strategy, inventory, lab strategy and pricing
Frame count, price-band architecture, brand mix and turn. Most practices carry too many frames across too many brands and can't say which quartile earns the money.
What ORC does
Develops assortment, merchandising, pricing, inventory, and lab recommendations; provides optical sales training and helps implement agreed changes.
What ORC advises on or coordinates
Vendor selection, purchasing terms, lab relationships, and ongoing performance improvement. The practice retains purchasing and operational authority.
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