Gross Revenue at ECP Locations Rebounded for the Week of Sept. 13-19, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Wednesday, September 22, 2021 12:33 AM NEW YORK—The national average for gross revenue at ECP locations increased last week, Sept. 13-19, at a rate of 18 index points, regaining most of the 20 index points this category lost the previous week (Sept. 6-12) due to Labor Day falling on Sept. 6. That leaves gross revenue 3 index points above where it was at this point in time (Week 38) during 2019 and 10 index points below where it was during Week 38 of last year, according to Jobson’s most recent Practice Performance Tracker.

CooperVision Names Drs. Walsh, Shah and Siergey to Professional Affairs Teams as Company Continues Growth

By Staff
Wednesday, September 22, 2021 12:24 AM SAN RAMON, Calif.—CooperVision has announced the addition of three well-known optometrists to its professional affairs teams. The appointments of Drs. Karen Walsh, Arti Shah and Justine Siergey each add decades of relevant experience to the company’s global, U.S. and specialty professional affairs teams, according to the announcement on Tuesday. “These recent additions are a direct result of the company’s continued growth and dedication to collaborating with eyecare professionals (ECPs), further strengthening its role as an industry partner,” the announcement noted.

FYidoctors Embarks on Expansion Into the U.S. Market With Addition of Six California Eyecare Clinics

By Staff
Tuesday, September 21, 2021 10:20 AM SACRAMENTO, Calif. and CALGARY, Alberta—FYidoctors, known as Canada’s leading diversified health care organization, said this morning that it has expanded its geographic operations into the U.S. market with the addition of six leading eyecare clinics throughout the state of California. The foray marks a major company milestone as it marks the first time FYidoctors has added new operations outside of Canada as it continues to “focus on its patient-first, personalized customer experience,” the announcement noted.

US Eye Adds New Partnerships in Virginia, North Carolina, South Carolina and Florida as Group Hits 50 Eye Clinics in Southeast

By Staff
Tuesday, September 21, 2021 12:33 AM SARASOTA, Fla.—US Eye, a physician-led network of eyecare practices backed by a mid-market North Carolina investment firm, said this week that it has expanded its practice base to 50 clinics and five surgery centers across the southeastern U.S. The US Eye practice network, headquartered here, has recently completed partnerships with Griffey Eye Care of Chesapeake, Va.; Albemarle Eye Center in northeastern North Carolina; and Sungate Medical Group in Hilton Head Island, S.C., according to the US Eye announcement.

Hilco Vision Acquires Bruder Healthcare

By Staff
Tuesday, September 21, 2021 12:27 AM PLAINVILLE, Mass.—Hilco Vision, based here, announced that it has acquired Bruder Healthcare LLC, effective Sept. 17, 2021.

Dr. Dagny Zhu Joins Eyesafe’s Vision Health Advisory Board

By Staff
Tuesday, September 21, 2021 12:18 AM SEOUL and MINNEAPOLIS—Eyesafe, a consortium of leading tech companies that develops blue light management technology and standards for the consumer electronics industry, announced that Los Angeles-based ophthalmologist Dagny Zhu, MD has joined the Eyesafe Vision Health Advisory Board (VHAB). The Vision Health Advisory Board is a global group of leading ophthalmologists, optometrists and other specialized physicians concerned with the mounting body of evidence suggesting that extended to exposure to blue light emissions from digital devices is leading to an array of deleterious health effects on eyes and human health.

The 9th Edition of DaTE Closes With a 55 Percent Increase in Buyers and 130 Italian and International Brands on Hand

By Staff
Tuesday, September 21, 2021 12:02 AM The 9th edition of DaTE, an event focused on the eyewear of the future, closed last week at the Stazione Leopolda di Firenze. Almost 1,500 eyewear professionals and select buyers visited the show, exceeding expectations and emphasizing the importance of in-person events for the industry.

Examining the Roots of the Global Paper Shortage

By Staff
Monday, September 20, 2021 3:50 PM Wood pulp is in short supply lately, and shortages and soaring demand has caused prices for everything from toilet paper to lumber to jump in the past year. The price of wood pulp has risen 50.2 percent over the past year, according to the Bureau of Labor Statistics. The price of paper rose 14.2 percent in the same time period. “Across the nation, printers and direct mail houses are experiencing a massive paper shortage,” the Dot Corp. noted in a recent blog post.

Experts to Explore the Metaverse and New Retail Concepts at Oct. 27 Virtual VM Summit

By Staff
Monday, September 20, 2021 12:24 AM NEW YORK—Three leading technology experts will share their insights about the metaverse and the opportunities it offers brands at the virtual Vision Monday Leadership Summit on October 27. Robin Raskin, founder of the Virtual Events Group and a leading observer of consumer technology trends, will kick off the session by giving Summit attendees a peek inside the metaverse, including a brand experience, an event experience, a game experience for advertising and a fully immersive open-ended experience.

OneSight Will Join Global Efforts Around World Sight Day and Plans New Nickelodeon Kids’ Partnership and Live NYC Event

By Staff
Monday, September 20, 2021 12:21 AM Cincinnati, Ohio—To celebrate World Sight Day on October 14, a group of leading global vision organizations have launched the #LoveYourEyes campaign, encouraging one million people around the world to get their eyes checked by October 14.

AOA Notes New Pandemic-Relief Funding Opportunities for Providers and a New ‘Grace Period’ for Reporting Use of Relief Funds to HHS

By Staff
Monday, September 20, 2021 12:15 AM ST. LOUIS—The American Optometric Association (AOA) has informed its members that the Department of Health and Human Services (HHS) has established a “grace period” related to reporting use of HHS provider relief funds.

What's Going on With the Supply Chain

By Staff
Friday, September 17, 2021 1:22 PM You might've heard that the supply chain is in a bit of a crunch right now. A myriad of factors, including the pandemic, rising demand and a labor shortage, have come together to create a perfect, brutal storm. Head over to Businessweek for an inside look at what's going on.

Taking a Closer Look at Amazon and How Fast its Business Units May Grow

By Staff
Friday, September 17, 2021 11:11 AM NEW YORK—When Amazon starts a new business, it usually causes a wave of concern among competitors, who have been known to scrap business plans and revise their strategies. To get a closer look at where Amazon is heading, eMarketer recently examined 19 of Amazon’s divisions to “help parse how the company fuels its flywheel to keep driving the virtuous cycle.”

Among the findings: Amazon joined the $1 trillion market cap club in early 2020 and has the first-mover advantage for several businesses, most notably as a commerce platform and a marketing powerhouse.

The research firm now forecasts that Amazon’s share of U.S. e-commerce sales in 2021 will be 41.4 percent, which leads the No. 2 player Walmart with its 7.2 percent market share.

According to CNBC, Amazon’s revenues per minute were about $837,000  in the first quarter of 2021, while Apple was second  with $691,000 per minute.

Noting the growth of Amazon Prime, eMarketer said it now forecasts that well over half (63.4 percent) of all U.S. households will use Amazon Prime this year. For perspective, eMarketer noted that in 2016, just 35.6 percent of U.S. households subscribed to the Prime service.

Retina Consultants of America Continues Growth by Adding Rockland Retina

By Staff
Friday, September 17, 2021 12:33 AM SOUTHLAKE, Texas—Retina Consultants of America (RCA), a management services organization, has announced the addition of Rockland Retina to its growing consortium of leading retina specialists across the U.S. With the addition of Rockland Retina, which is based in New City, N.Y., RCA adds “a key partner in the New York City area and a regional partner to Vitreoretinal Consultants of Long Island,” according to an announcement. The terms of the transaction were not disclosed.