Eye Care Specialty

Our Commitment is Vision; Our Vision is Prosperity

Lion Management Services Organization provides administration, management, and strategic direction for our optometric clients. The landscape is changing, and Lion Management can help our clients navigate the path best suited for them.

Our mission is to increase valuation, profitability, and sustainability of optometric clients through implementation and management of strategic solutions for the betterment of the customer.

We provide the private practitioner with criteria theycould not achieve on their own:

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Access to Strategic Advisory for Increasing the Value of the individual practice for ultimate exit. (Includes brick-less/mortarless and economic retail optimization).

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Access to Retained Network Attorney with Medical and Optometric Expertise

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Exit Strategy Preparation by the internal P/E team retained by LION Management (Quarterly Reviews, EBIDTA, valuation check-ups, best practices, invitation to CEO industry and network update meetings).

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GPO agreements with frame, contact lens, equipment, and other product vendors.

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Management of the Required Services for Network Participation (EHR, PMS, Communication Systems, State- of- the- Art IT Management, Legal, Payroll, Benefits, HR, Accounting, External Medical Billing and Insurance Reconciliation).

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Higher Market Valuation – Reach a larger bidding audience with our unique and proprietary auction software.

KeyAccomplishments

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Consolidated twenty practices into a turnkey network and catapulted them from zero to the 35th largest US Optical Network in less than two years. (Vision Monday Top Retailers List)

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Created collaborative and strategic vendor agreements resulting in:

  • A Unified Communications system that increased patient retention, reduced appointment cancelations, and increased positive patient satisfaction reviews.
  • Unified Medical Billing Provider increased cash flow of practices through standardization and best practices for higher reimbursements, reduced A/R time, and a reduction in receivables deemed uncollectible.
  • Vendor rebates and discounts decreased operating costs.
  • Eye frames on consignment.
  • Outsourcing HR and payroll functions for reduced costs and liability.
  • IT Services for security monitoring and support for optimal performance, ensured compliance and reduced liability.
  • One EHR / PMS system eliminated redundancy, clerical errors, and created more efficient operations.
  • Media exposure through branding, press releases, philanthropy, and social media. Our client was recognized in the press alongside American Airlines for one of our philanthropy efforts.
  • Executed confidential internal surveys for engagement /satisfaction.
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Developed clinical affiliation agreements with two of New York’s largest and fastest growing ophthalmic provider groups resulting in more profitable medical optometry revenue and higher patient quality care.

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Ready for Critical Change?

If you are looking to sell, seek new revenue streams, embark in new technology, need help managing the non-clinical assets of your business, or simply need strategic advice, we can help. Let's talk and explore your options.