Are Lab Rebates Actually Saving Your Optometry Practice Money?

In this episode, Chad and I continue our conversation about whether optometry practices should finish jobs in-house or send them to a lab. This time, we focus on the role managed vision care plans play in that decision, including state opt-out rules, required labs, reimbursements, and rebates.

We break lab analysis into two distinct lanes: when the managed vision care plan pays the lab bill and when the practice pays it directly. We also discuss why an attractive rebate does not always equal greater profitability and how I should evaluate the total net cost, product quality, turnaround time, and customer service before choosing a lab partner.

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Resources:

Learn more about Partners in Profit

The Optometry Success Podcast Episode: Should You Finish In House or Send Your Jobs to a Lab?

Download the Practice Owner's Financial Toolkit

20/20 Money Ultimate Financial Success Masterclass

OD Mastermind Interest Form

Check out Adam's new book: How to Buy an Optometry Practice

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