Each month, OBA Benchmarks brings you metrics that allow you to compare aspects of your practice with the practices of your optometric colleagues affiliated with Walmart and Sam’s Club. These benchmarks are based on extensive and ongoing surveying of affiliated O.D.s who, like you, have completed the OBA program. Other metrics, which can be applied toward practice growth, can be found
at:
www.oba-ce.com.
Complete Exams per O.D. Hour
Metric revealing office efficiency and success in filling exam slots
Benchmark: In 2008, the median number of eye exams conducted per O.D. hour in affiliated practices was 1.13.
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- The exams per hour ratio of affiliated O.D.s is comparable to that of private practice O.D.s and O.D.s working in other corporate settings. At this hourly production rate, an O.D. working 2,000 hours annually conducts 2,260 exams per year. The ratio has not changed over the past four years among affiliated O.D.s.
- Hourly exam productivity is correlated with practice size and the most relevant comparative benchmark is hourly production of practices of comparable size. The median practice among the largest 20% of affiliated practices conducts 1.44 exams per hour.
- The most productive 20% of practices conduct 1.68 exams per hour, the least productive 20% perform just 0.73 exams per hour.
- Among Walmart practices, median hourly exam production is 1.19, among Sam’s Club practices it is 0.97.
Go to
www.oba-ce.com to view other key performance metrics of affiliated practices.
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