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Latest Announcement | Events
While we know C/D to stand for cup to disc, why can’t it also stand for cents to dollars? In this CE event we’ve recruited five of the top glaucoma ODs to talk about exciting updates in glaucoma treatment and surgery, as well as best practice in billing/coding in order to maximize reimbursement. Learn how to build your glaucoma patients base in the best way possible and make sure your cup is full - but not notched.
✅ CE Hour 1 - Building a Glaucoma Practice: Combining Standards of Care with Billing & Coding (COPE #82763-PM) | Kyle Klute, OD
✅ CE Hour 2- Innovations in MIGS: The OD’s role (COPE #82527-GL) | Justin Schweitzer, OD, FAAO
✅ CE Hour 3 - The Role of Laser in the Treatment of Glaucoma (SLT & Laser PI) (COPE #83144-GL) | Nathan Lighthizer, OD, FAAO
✅ CE Hour 4 - Glaucoma Gauntlet: Managing Cases from Diagnosis to Treatment (COPE #80598-GL) | Mitch Ibach, OD, FAAO
✅ CE Hour 5 - Optimizing glaucoma therapy: anticipating, mitigating, and addressing adverse events (COPE #83738-PH) | Jessica Steen OD, FAAO
ODs on Finance Member Rate: FREE | Recording will be only be available to registrants for 2 weeks
We are excited to invite optometrists of all levels to join us at the first ever OD-Financial Summit, a rare opportunity to learn from financial experts on how to transform the way you approach your financial future. In this summit, we will explore various topics including financial planning, investments, tax strategies, debt management, and much more. Our expert speakers will provide practical tips and insights to help you make informed decisions about your financial future and achieve your long-term goals. Whether you are just starting your career as an optometrist or looking to take your financial planning to the next level, this summit is for you. Join us and take the first step towards financial success!
✅ How To Manage Your Student Loan as New Grad OD & Financial Checklist | 30mins (Patrick Logue CFP)
✅ Associate Contract Negotiation Basic 101 & How to Attract The Best Candidate As An Owner | 30mins (Chris Lopez O.D)
✅ Retirement & Investing 101 and The Importance of Insurance | 60mins (Adam Cmejla CFP)
✅ Basic Tax Overview 101 for New OD Grad | 30mins (Joe Erickson CPA)
✅ Advanced Tax Strategies For Owners & Entrepreneurs | 30mins (Aralsan Ashraf CPA)
✅ To Buy or To Rent: The OD's Guide To Home Mortgage Financing | 30mins (Lee Raykovicz O.D)
✅ Business Financing 101: How to get the best rates for practice growth | 30mins (Mike Smith-Bank of America )
✅ Essential Legal Tips For Optometrists | 30mins (Ali Oromchian, J.D)
✅ How To Prepare For Practice Transition As an Owner | 30mins (Natalie Hayes CFP)
ODs on Finance Member Rate: FREE | Recording will be only be available to registrants for 2 weeks
Join the Conversation on Optometry's Largest Finance Focused Forum:
LATEST ARTICLES
Good vs. Bad Optometry Debt – 4 Ways to Use Good Debt to Your Advantage
That being said, debt can be a useful tool for achieving financial goals, but not all debt is created equal. Some debt can be beneficial, while others can be detrimental to your financial well-being. Let’s explore the difference between good debt and bad debt and how you can use debt to your advantage.
Q1/2023 Market Update for Optometrists: Latest Economic Trends And How To Adjust Your Financial Plan
Welcome to the Q1/2023 market update, where Aaron and myself will provide you with an overview of the latest economic trends and developments, including what we as optometrists should watch out for and how we should adjust our investing plans… So we hope to provide a comprehensive overview of the latest economic trends and developments, highlighting the challenges and opportunities in today’s market for optometrists.
9 Financial Tips For Optometry Students
As an optometry student preparing to enter the field, it’s important to understand the financial implications that come with this profession. From budgeting for school supplies to managing debt and investing in your future—all these responsibilities add up quickly! With these 9 financial tips, you’ll equip yourself with the knowledge needed to navigate a successful career as an optometrist.
2022 in Review, and a Look at 2023!
It’s hard to believe, but the year 2022 has vanished in the blink of an eye. This past year, we’ve had the pleasure of seeing ODs on Finance continue to grow and help ODs on their financial journey, whether they be new grads or seasoned veterans. We are thankful for your attention, your questions and your contributions. Two tenets that hold paramount value to us at ODs on Finance are transparency and productive growth. In this letter, we will highlight how our community has grown, the various methods we provide value to our community, exciting new projects/acquisitions for 2023, and a look at our commercial interests/disclosures – trust us, you’ll want to read this! Here is a quick recap of 2022!
6 Common Tax Mistakes That Optometrists Make
Optometrists are not trained in maximizing their tax benefits. Consequently, doctors who prepare their taxes themselves may miss many deductions they are entitled to take. I don’t know about you, but I want to take advantage of all the tax benefits I am entitled to. Following are six mistakes I see optometrists make that are costing them a lot of money in overpaid tax bills.
10 Things Your Optometry Lawyer Wants You to Know About
Putting yourself in the best position possible to be successful involves getting professional help, and an optometry attorney can be a vital part of your team of professionals.
Action Plan: What To Do with My Optometry Student Loans Before 2023?
Our inbox has been getting slammed with ODs asking for advice on what to do with their federal student loans as we get closer to the 0% forbearance expiration date of 12/31/22. Politics aside, based on the most recent federal news which removes a lot of uncertainty that we had last month, we are going to break it down with some actionable plans that optometrist can take:
The Optometrist’s Guide to Short Term Investing
With the recent volatile market and pending economic recession, many investors are looking to hold their cash in a relatively safe place, especially as our economy faces surging inflation. In this article, we will talk about short term investments and where we can place these funds, aside from just storing cash. What is a short-term investment?
What Should I Do First? A Complete Guideline Step-By-Step
Personal finance is called personal for a reason; it is just as much a science as it is an art (similar to prescribing glasses). But seriously, this is probably one of the most difficult decisions that a lot of doctor investors will face and has starved me of sleep a lot – simply deciding which…
The OD’s Quick Guide into Active & Passive Real Estate Investment
You’ve heard it again and again that real estate is an excellent pathway to accumulate significant wealth. However, you should also know that most real estate investors do not get rich overnight, as it can take years for investment properties to accumulate enough equity and generate significant wealth. The nice thing about real estate is that there are many approaches to make money and to do so either requires a lot of your time, or very little of it. Simply put, real estate investing can typically be classified as either active or passive investing. Let’s take a look at these categories to learn which may be the best fit for you!
Optometry Alliances/Buying Groups – Who to Choose and Why?
Dear ODs on Finance Members, Last week the OD community got some shocking news in their inboxes. One of the major players in the OD Alliance/Buying Group space – PECAA/HEA, was acquired by a large vision care plan which had recently rebranded. The acquisition was, well, met with extreme negativity. Doctors expressed chagrin that a company that…
2022-2023 IRS limitations for Optometrists
With inflation rising at all time highs, it definitely seem that the IRS is adjusting quite drastically for most of these accounts for 2023! While all of these limits might seem higher, remember that it is mainly keeping up with inflation, which the consumer index is estimated at 8%. in 2022. Please use these important limit to adjust your financial planning for 2023 especially for any retirement plans!
Health Insurance Basic 101 That Every Optometrist Should Know
Whether you are a New O.D or Seasoned O.D ….healthcare is changing every year. Working in the medical field, I thought I understood how health insurance worked, until I ended up in the emergency room for two hours earlier this year. We will teach how to understand 6 key terms and how they apply to your health insurance (Premium, Deductible, Co-insurance/Co-pays, Maximum out of pocket, Benefit caps & understand network options (HMO, EPO, POS, PPO).
3 Take-Aways That Optometrists Should Know About Biden’s Student Loan Debt Relief
On Wednesday, Aug 24, 2022, President Biden, along with the US Department of Education announced a three-part plan to help student borrowers with federal loans transition back to regular payments. In addition, we do want to let our members know that it took us a little while to gather our thoughts after the dust settled to address our community.. So let’s begin with the facts first and any questions that optometrists might have. PART 1: Final extension of the student loan repayment + 0% Interest pause forbearance until 12/31/2022
5 Tips for Growing a New Sublease Office
Building a new sublease office inside a retail store brings some unique challenges, but can be even more rewarding when you see your office thrive after years of hard work. Like any new business, attracting new patients may be a struggle at first. However, by engaging in a number of creative practices, I was able to grow this office from a patient base of zero to a thriving optometry office! Below, I will share the five strategies that formed the core of my success plan:
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