Looking at the Practice Ownership Model

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:30 AM NEW YORK – Having the wherewithal to successfully compete as an eyecare professional and a business person can be a daunting challenge, particularly for independents.

Vision Source

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:29 AM KINGWOOD, Texas—Perhaps lost in the initial response to Vision Source’s launch of its Vision Source Next program was just how broad and comprehensive the program intends to be, and how it has a range of offerings for optometrist practitioners across all stages of their career.

Rev360

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:28 AM MADISON, Wis.—Five months into the launch of a new practice ownership structure for independent eyecare professionals, Rev360 executives are pleased with the response the new RevAdvance “partnership model” has received and the operational progress the initial OD practices in the program have experienced.

Associates in Eyecare

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:27 AM ASHBURN, Va. – Growing organically and with well-chosen local partners, Associates in Eyecare (AIE), a business group of optometrists in the D.C./Northern Virginia area, has been carefully building its presence, augmenting its doctors’ talents and equity stakes with professional operations managers in an approach that has enabled the group to grow to 10 practices today.

Pearle Vision

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:26 AM For independent optometrists who own their practice, Pearle Vision recently added a new option for these ECPs to consider as they plan for future growth and success. In June, at the American Optometric Association event in Denver, Pearle officially launched the “Pearle Vision Ignite” program as a “strategic independent optometrist conversion program.”

Vision One Credit Union

By Marge Axelrad and Mark Tosh
Monday, August 13, 2018 12:25 AM SACRAMENTO, Calif.—With interest by firms outside the traditional vision care market on the rise, these are interesting, and challenging, times for independent eyecare practices. Indeed, private equity firms looking for prospective new investments, and even corporate-operated eyecare groups, are looking at optometry as a market ready for growth and consolidation.

Private Equity Takes Root in Optical

By Marge Axelrad and Mark Tosh
Friday, November 17, 2017 12:30 AM NEW YORK—Investors are really, really interested in the vision care space. There have been almost 20 separate new private equity deals within the past 24 months alone, plus an additional series of deals which expand on prior ones, with more on the horizon. Directly, and by association, they are amping up the competitive stakes of virtually all eyecare and eyewear players and are setting the stage for a new posture for the industry to both consumers and patients.