Great optometrists enable a practice to expand patient access to high-quality care, and, in the process, boost profitability. The question is how to compensate ODs for the value they provide to a practice. Here is what has worked well in our practice. The longest lasting and most common compensation model is compensating based on a percentage of production that is usually set at a specific percentage, and may or may not have production bonuses tied to it. We did that for a long time and recently changed to a revenue/OD hour OR total revenue compensation that rewards ODs who are efficient and productive in executing on recommendations made in clinic. Read More