Discover the difference between cost-plus and value-based pricing for vision correction in the context of a Steam Train expert's story.

For refractive cataract surgeons striving for an edge in the competitive healthcare landscape, starting with an effective, well-rounded marketing strategy is paramount. This guide lays out a strategic marketing blueprint, pinpointing the top channels for reaching your target demographic, and my recommendations on how much to spend on each.

In this article, I will list the value and applicability of several essential metrics I’ve found to be useful in a refractive surgery practice, discussing what they measure, how practice owners can act on them, and suggesting ways to measure results for each metric.

Scaling a vision correction medical practice from £1 million to £10 million per year requires strategic initiatives and alternative strategies. Expanding to serve multiple patient avatars, diversifying service lines, and exploring new markets can unlock growth potential. By sweating the assets, maximizing appointment capacity, utilizing equipment and staff expertise, and exploring telemedicine options, additional revenue streams can be generated. Expanding marketing channels, optimizing tactics, and building referral networks enable the practice to attract a larger patient base. Finally, installing a professional operating system ensures efficient growth and improved profitability. Implementing these strategies will pave the way for successful scaling and the achievement of revenue goals in the vision correction industry.