It’s not just you: operating margins across the ophthalmology industry are rapidly narrowing. In an effort to exert greater control over their margins, eye care practices are increasingly turning to cash-pay ophthalmology services.
Revenue & Finances | Financial Management
The economy is on a wild ride. Government policies have been announced and rescinded at a pace that could give a watcher whiplash. Markets are swinging wildly on a mix of reality and conjecture that has consumers clutching their wallets. The Great Recession of 2008 showed us that while it’s more resilient than some sectors, healthcare is far from recession proof. Savvy practices are taking steps now to protect their businesses, whatever the economy has in store.
The healthcare reimbursement environment is shifting rapidly, and the pressure for specialty providers to optimize both clinical and financial performance has never been greater. Practices are being asked to do more with less while dealing with regulatory updates, payer-driven changes, and tightening margins. At the same time, patients are demanding greater access, more personalized care, and flexible payment options. For many practices, it has become a matter of adapting their reimbursement strategy now, or risking falling behind competitors who are faster to adjust.
Every day, staff in healthcare practices spend hours manually slogging through tasks that could be automated. Especially in smaller practices, that’s time that could be spent seeing patients, bringing in revenue, and building morale through more fulfilling work.
The aesthetics market is blazing hot, and the competition among med spas is just as intense. Med spas are under increasing pressure to not only attract new clients but also retain existing ones.
Front & Back Office Performance | Aesthetics | podcast
It’s not marketing’s fault—you’re probably losing most of your opportunities at the front desk. That first call matters, and you need someone who knows how to guide the right patients through.
Revenue Cycle Management | Revenue & Finances | Financial Management | Future proofing
The One Big Beautiful Bill Act has officially been signed into law. Congressional Budget Office estimates indicate the bill will slash more than $1 trillion from healthcare over the next decade and increase the number of people without health insurance in 2034 by 10 million, according reports from the Center for Medicare Advocacy and the Kaiser Family Foundation.
Financial Management | Aesthetics | podcast
Growth and profitability all starts with having solid financial data. Without it, you’re basically flying blind.
