Eyeworld

MAR 2020

EyeWorld is the official news magazine of the American Society of Cataract & Refractive Surgery.

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MARCH 2020 | EYEWORLD | 97 I Contact Gilmore: ogilmore@salemeyedoctor.com Greenwell: nickigreenwell@hotmail.com Hunter: KHunter@piedmonteye.com should increase them every year by $2," Mr. Gilmore said, adding that the practice has not increased these fees in several years. In terms of expenses, Mr. Gilmore said that the practice is looking very closely at its staff to ensure the practice is using them efficiently. "We have a couple of staff leaving, and we will take a hard look at whether or not we will replace them," he said. Finally, Mr. Gilmore said that practice is working with Brevium, a data mining system, because it is important that the schedule is full. "We have never had to do this in the past and have been fortunate that our schedules are typically full," he said. "However, we have thousands of patients who have not been back to see us in the last 5 years. We are working at recapturing some of those patients." with them." He added that the national average is 20–25%. "I know there are some clinics that are as high as 60–70%," he said. "By increasing our percentage to 20%, we could increase our revenue approximately $250,000 for the year, with potential to do even more." Mr. Gilmore said that the practice also has a strong optical department, which will be an asset moving forward. "You can always increase the capture rate and sell more glasses," he said. "We are also taking a hard look at our lens fees, as we have not increased them for quite some time." The practice also worked to get a better contract with its lab to decrease lens costs. "We want to make sure that we are not overpriced in the marketplace, but at the same time, we don't want to be leaving money on the table if we could be charging more," he said. The practice is planning a $2 increase in refraction fees. "I had a consultant tell me you Relevant disclosures Gilmore: None Greenwell: None Hunter: None

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