Chad Fleming, OD, FAAO’s Post

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Owner/OD Wichita Optometry | Founder/CEO Partners in Profit Equipping Private Practice owners to improve their profits, with a proven system that has helped my 5 location practice keep COGS below 20%.

Optimize Your Approach to Managed Vision Care Plans for Increased Profitability Managed vision care plans (MVCPs) are a significant part of modern optometry, but they often come with the challenge of fixed reimbursements that can squeeze practice profits. How can optometry practices navigate this landscape without compromising on the quality of care or financial health? At Partners in Profit, we've crafted strategies that help practices get the most out of MVCPs. By negotiating better terms with suppliers, optimizing lens and frame selections within the plans' allowances, and employing cost-effective clinical practices, we help our members enhance their profitability while maintaining excellent patient care. The key is not just to accept the terms laid out by MVCPs but to actively engage and negotiate aspects that can be controlled. We also focus on training and development for staff to maximize the efficiencies within these constraints, turning potential financial strains into strengths. 💬 Interested in turning your managed care agreements into profitable opportunities? Join us for a deep dive into strategic MVCP management. https://lnkd.in/dmNKnRdP

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