Optometrists around the country are feeling the pinch as inflation sets in, with many struggling to even maintain a humble 1000% margin on single vision lenses.
“Our lab costs have gone through the roof. $4 for a stock hard coat lens? This is crazy. That only leaves us with $80 margin. Thanks Biden.”
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Whilst it’s true that the cost of running an optometry practice is obscene, the reduced margins on some products could be enough to tip some practices into the red zone.
“If I can’t make $1000 on an orthok fit, what’s the point of being here? I may as well sell to private equity for an 8 times multiple and retire at 55. This industry is wrecked.”
