Optometry Practices

Overview

The 19,500 optometry practices in the US are the main providers of vision care. Nearly 60% of optometrist revenue comes from fees for patient care, which includes exams and treatment for problems. The sale of eyeglasses and contact lenses, known as “dispensing revenue,” accounts for about 40% of overall revenue. There are about 36,690 optometrists in the US – a majority work in private optometry practices.

Competition From Retail Chains

Independent optometry practices face competition from large retail optical chains, as well as mass merchandisers offering optical services.

Reimbursement Issues Affect Profit

Since about 60% of their revenue comes from managed care and vision plans, changing reimbursement rates and rules creates challenges for optometry practices.