The vision care plan industry’s vertical monopoly
October 27th 2014There is no question that certain vision care plans have dominated the eyecare market for the last two decades. Nearly 100 million Americans are covered by just two of these plans. As they have become dominant and integrated into new lines of business, they increasingly are coercing optometrists, ophthalmologists, independent laboratories, and consumers-the result higher, prices less choice, and reduced competition.
Current views on genetic testing for AMD
October 24th 2014Genetic testing in AMD is a relatively new focus for optometrists and an important one to ensure that we are getting a complete view of our patients’ risk for developing advanced AMD. Although we are making some progress, we still have work to do to gain a better understanding of how to incorporate its use into clinical practice.
Optometry ranked as top industry for women
October 24th 2014A recent report from business research firm IBISWorld ranked optometry as one of the top industries for women. The firm analyzed data from the Bureau of Labor Statistics and a database of more than 700 industry reports to identify six industries that offer unique employment advantages for women, characterized by strong growth in revenue and employment, particularly in the number of female workers.
ICD-10 now 1 year away, many ODs unprepared
October 22nd 2014The International Classification of Diseases, 10th Edition (ICD-10) code is scheduled for implementation in the U.S. on Oct. 1, 2015-less than a year from now. Many optometric practices will likely be unprepared and therefore at risk for serious claim-filing and cash flow problems, according to Rebecca Wartman, OD, the American Optometric Association's (AOA) point person on ICD-10.
A quarter of adults use fitness trackers, but physicians are wary of data
October 17th 2014A recent survey from Technology Advice found that 25 percent of adults are using a fitness tracker or smartphone app to track their health, weight, or exercise. But according to a report from Venture Beat, physicians are hesitant of the data produced by fitness trackers.
Ohr plans Phase III trials on squalamine eye drops for wet AMD
October 17th 2014Ohr Pharmaceutical recently announced details of the planned Phase III registration trials for squalamine eye drops (OHR-102) in the treatment of wet age-related macular degeneration (AMD), which are being designed based on guidance provided by the U.S. Food and Drug Administration (FDA) at a recent "end of Phase II" meeting.