Continuing our list from Part I of “12 Things New Graduates Want Optometry Students to Know,” Dr. Dryer and Dr. Corte share their advice.
5. Understand that optometry and all of medicine is a business
By: Courtney Dryer O.D.
Yes, you went to school to be a doctor, but medicine is a business. With changes in insurance and government mandates, your role as a doctor has evolved dramatically. Whether you are an associate, independent contractor or owner, your income, to some degree, depends on the number of patients you see, the average fee collected per patient, and the way in which you code exams.
To be successful, you must think beyond “1 or 2.”
This is true not only in optometry, but in general medicine. See this recent article for physicians as an example, in which the author states:
“As big box stores move into your communities, are other small businesses surviving? Often the answer is no. The ones that do thrive are those that embrace change and find innovative ways to stay relevant in the lives of their customers. So too is this true as hospitals buy up smaller practices and consolidate care into larger practice models.”
For resources on the business side of optometry:
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