Top Story

BLOG: The importance of liquidity, practice operating reserves and contingency planning as ophthalmology profits soften, part 3

October 8, 2015

Continuing from the last installment.

Lesson No. 2: Working capital loans and credit lines

Some practices are more cyclical than others. This is largely related to practice location and the “snowbird effect.” If you don’t have a reserve account, a “treasury,” built up yet to buffer the highs and lows of the practice, you critically need to arrange credit facilities. Lines of credit are important to negotiate and have in place, even if you are not expanding and already have reserves on hand. Again, it’s reasonable to have 3 to 6 months of practice overhead at your ready disposal.

Darrell White

Publication Exclusive: Now is the time to prepare for possible introduction of lifitegrast

October 8, 2015
Summer is over, even for empty nesters like yours truly. It is “back to school” for all of us in the office, too, as many of us enter our busy seasons. Along…
In the Journals

Serum 25-hydroxyvitamin D levels may be associated with age-related cataracts

October 7, 2015
There may be associations between serum 25-hydroxyvitamin D levels and age-related cataracts, according to a study.The observational cross-sectional study evaluated…
Breaking News

CMS issues final rule to specify stage 3 Meaningful Use requirements

October 7, 2015
The CMS has issued a final rule that clarifies stage 3 requirements of the Meaningful Use incentive program for electronic health record implementation. The ruling was…
Breaking News

FDA approves Alcon's AcrySof IQ aspheric IOL with UltraSert preloaded delivery system

October 7, 2015
Alcon received FDA approval for its AcrySof IQ aspheric IOL with the UltraSert preloaded delivery system for cataract surgery, according to a Novartis press release.The…
More News Headlines »
Practical Retina

Comparing Aflibercept, Bevacizumab, and Ranibizumab for DME: Analysis of DRCR Protocol T

Ophthalmic Surgery, Lasers and Imaging Retina, March 2015, Volume 46 Issue 3
More »
Diabetic Eye Cover Image

Diabetic Eye 2015: New Concepts in Screening, Managing, and Referral

This activity is supported by an educational grant from Allergan, Inc.

Despite a number of effective treatment options, diabetic eye disease is a leading cause of vision loss in the United…
More »
Meeting News Coverage Video
VIDEO: Speaker discusses strategies for treating patients with ocular trauma

VIDEO: Speaker discusses strategies for treating patients with ocular trauma

October 1, 2015
NICE, France — At the Euretina meeting, Sundaram Natarajan, MD, gives highlights from the symposium Newer…
More »