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BLOG: Optical performance guidelines, indices and pearls
In the typical $1 million revenue general ophthalmology practice without dispensing, adding an optical will add $150,000 to $250,000 to the top-line revenue of the practice. With full-cost allocation for space, administration, staffing and marketing, it’s reasonable for an in-house optical in the typical setting to enjoy a 25% to 30% profit margin. COGS stands for cost of goods sold, which is the largest single cost of running an optical dispensary. A reasonable COGS rate in the typical office is 30% to 40% of optical collections. A higher figure should (Read more...)