Super Optical International Is Purchased by Engineering and Software Executive

By Staff
Friday, May 20, 2022 4:19 PM CINCINNATI, Ohio—Lyric Optical, doing business as Super Optical International, maker of the FastGrind Modified Lens Surfacing System and other optical products, announced the completion of a 100 percent sale of the company to Andy Hawes, an engineering and software executive. Details of the transaction were not disclosed. The previous owners of the Cincinnati-based company include Don Gilman, John Corsini and Hugh McManus. Gilman and Corsini have announced their retirement from the optical industry. McManus, who joined the company in 2012 and has worked on customer satisfaction, product development and quality control, will remain with the company and lead the sales team. Read More

Review of Myopia Management: Industry Resources Can Simplify Myopia Management

By Staff
Friday, May 20, 2022 4:10 PM I have been doing adult orthokeratology with corneal refractive therapy (CRT) for many years, but it wasn’t until a few years ago that I embraced the many different options for managing myopia. My experience in the eyecare field began when I graduated from Nova Southeastern University’s College of Optometry in 1997. This is my 25th year in practice, and I’m currently a solo practitioner in private practice in Boca Raton, Florida. When we decided to tackle myopia management head on in my office, we began by adding the required equipment to take the necessary measurements for managing and monitoring myopia. Read More

Zeiss’s Half-Year Revenue Up 20 Percent Over Year-Ago

By Staff
Thursday, May 19, 2022 12:03 PM OBERKOCHEN, Germany—Despite challenging market conditions, the Zeiss Group continued to make significant gains in the first half of fiscal year 2021/22 ending March 31, 2022. Revenue increased by 20 percent to €4.1 billion versus €3.4 billion in the prior year. At €736 million, earnings before interest and taxes (EBIT) were also significantly higher than the €591 million in the prior-year period. The EBIT margin is 18 percent. The high level of incoming orders also continued in the first half of the new fiscal year, with incoming orders increasing to €5.49 billion versus €4.20 billion in year-ago period. Read More

The National Average for Gross Revenue at ECP Locations Decreased for the Week of May 9-15, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Wednesday, May 18, 2022 10:05 AM NEW YORK—The national average for gross revenue at ECP locations decreased last week, May 9-15, at a rate of -2 index points. That places gross revenue at a level 7 index points above where it was at this point in time (week 20) when compared with last year and 12 points above 2019. Gross revenue during Week 20 of 2020 was 42 index points below Week 20 of this year at a level of 68 index points, as it continued to gradually emerge from the pandemic-related low of 14 index points it had reached during Week 15 of 2020, according to Jobson’s most recent Practice Performance Tracker. Read More

Review of Optometry: How to Use Dry Eye Questionnaires in Your Practice

By Staff
Wednesday, May 18, 2022 9:52 AM Busy doctors and distracted patients don’t exactly relish the thought of adding one more step to an optometric visit, but the notion of screening patients for dry eye with a survey tool has merit, experts say. Asking patients to devote a bit of forethought to the state of their ocular surface comfort before their exam can elicit conversations that might not otherwise occur, allowing you to identify some cases that would have gone unaddressed. And when managing a condition as multifactorial as dry eye, keeping a record of when patients feel better or worse helps to identify possible triggers, narrow down the list of potential diagnoses and evaluate response to treatment. Read More

Warby Parker Reports 10 Percent Increase in Q1 Sales as ‘Active’ Customer Count Climbs 18 Percent, But Net Loss Also Widens

By Staff
Tuesday, May 17, 2022 1:02 PM NEW YORK—Against a backdrop of disruption due to the Omicron variant that was first felt in the last weeks of December and continuing through the first quarter, Warby Parker Inc. (NYSE: WRBY) on Monday reported that its Q1 revenue rose 10.3 percent to $153.2 million as both active customer count and average revenue per customer increased also in the quarter ended March 31. However, the retailer's net loss totaled $34.1 million in the quarter, primarily as a result of an increase in SG&A (selling, general and administrative) expenses, according to its announcement. Read More

Review of Optometric Business: Is Myopia Management Right for My Practice?

By Staff
Tuesday, May 17, 2022 12:50 PM About 41.6 percent of Americans are nearsighted, up from 25 percent in 1971, according to the National Eye Institute. Projections suggest that almost 50 percent of the world will be myopic by 2050. As myopia comes with an increased risk of retinal detachment, myopic macular degeneration, glaucoma and the early development of cataracts, treatments that can limit myopia progression are well worth it. The question is whether a myopia management niche is right for you and your practice. Here are 5 good questions to ask yourself before deciding to launch these specialized services. Read More

Ciao, Mido—See You Soon

By Staff
Monday, May 16, 2022 1:40 PM NEW YORK—After two years without a show, Mido 2022 kicked off in Milan on April 30 through May 2. The trade show was a celebration in more than one way: a reunion for so many, a marking of Mido’s 50th anniversary and a moment to welcome a new era with new energy. About 22,000 visitors from all around the world packed into the Fiera Milano Rho conference center for the event, coming together to network, collaborate and take stock of new technology and products. Read More

Women In Optometry: Do First-generation ODs Tend to Gravitate Toward Corporate Settings?

By Staff
Monday, May 16, 2022 1:24 PM First-generation professionals are people who are the first of their families to enter a professional setting. These professionals hold an OD degree and are ready to climb up the ladder in optometry. These first-gen ODs are hungry for success. First-generation ODs are open-minded and looking to get their name out there. Employers ensure these professionals grow and succeed throughout their time at the organization. Corporate optometry offers professional development programs that many young ODs take advantage of. First-generations often took advantage of mentoring and professional networking opportunities. First-generation ODs bring more diverse backgrounds and ideas to the profession. Read More

Prevent Blindness Declares Third Annual Inherited Retinal Disease (IRD) Genetic Testing Week as May 16-22

By Staff
Friday, May 13, 2022 5:13 PM CHICAGO—Prevent Blindness has declared May 16-22, 2022 as the third annual “Inherited Retinal Disease (IRD) Genetic Testing Week.” Educational materials, such as a fact sheet, social media graphics, and a dedicated webpage, preventblindness.org/inherited-retinal-diseases/ are available. New this year to IRD Genetic Testing Week are two informational videos. Alina V. Dumitrescu, MD, clinical associate professor of ophthalmology and visual sciences, pediatric ophthalmology and strabismus, inherited eye disease at the University of Iowa hospitals and clinics, is featured in a new “IRD and Genetic Testing” episode in the Focus on Eye Health Expert Series. Read More

20/20 Magazine: Be a Good Sport

By Staff
Friday, May 13, 2022 5:02 PM Every independent retailer can be a good sport and an advocate for sport eyewear. 20/20 presents our annual Sport Eyewear MarketPulse Survey. Eighty-five percent of independent optical locations dispensing eyeglasses report dispensing some type of sport or protective eyewear, including ski and swim goggles. This is a decline from 93 percent in 2021—perhaps focus shifted during the pandemic to other specialty eyewear. However, for those 85 percent selling sport eyewear, it still makes up 10 percent of their revenues. Read on for more data on this category, and continue to recommend sport eyewear for your patients’ active and athleisure needs. Read More

As Summer Sneaks Up on Us, Indies Show Off Their Sunglasses

By Staff
Thursday, May 12, 2022 1:35 PM NEW YORK—Although there’s still about a month until the official start of summer, there’s no denying that many of us are already thinking about sunny days by the beach or the pool, weekend trips away, ice cream and all of the other unique joys summer has to offer. As we wait for hot weather to fully arrive, there’s no better time than now to remind patients and clients just how important UV protection is—the warm weather and excitement for summer vacations might just make your patients more interested in picking up a new pair of sunglasses in the next few weeks. Read More

Review of Ophthalmology: Vision Loss Study Breaks Down National Cost Burden

By Staff
Thursday, May 12, 2022 12:08 PM Vision loss and blindness pose a significant economic burden on the United States. Public health researchers at the National Opinion Research Center (NORC) at the University of Chicago confirmed the substantial economic hardship in a recently published cost estimate for the year 2017 and indicated that vision-loss resource allocation will likely differ by state due to the varied composition of per-person costs. Study participants included those who answered “yes” to the question, Are you blind or do you have serious difficulty seeing even with glasses? “Based on that, we estimated that the total burden was $134.2 billion,” said David B. Rein, PhD, a program area director overseeing public health analytics at NORC’s Public Health department. Read More

Our Eyes Are Windows to Our Souls and Well-Being

By Staff
Wednesday, May 11, 2022 2:34 PM They say our eyes are the windows to our soul but apparently our eyes can also provide a pathway to the state of our mental health. Recent research by international development organization Sightsavers, University of Ilorin, and the Kogi State Ministry of Health in Nigeria has revealed links between vision impairment and poor mental health. The study estimates that blind people aged 50 years and over are nearly four times as likely to have self-reported symptoms of anxiety and/or depression than those with no vision impairment. May happens to be Mental Health Awareness Month and this year’s theme in the U.S. will amplify the message “Together for Mental Health.” Read More

Review of Myopia Management: Progressive Myopia Isn’t Just for Kids

By Staff
Wednesday, May 11, 2022 2:21 PM It is abundantly clear that many myopes continue progressing into adulthood and that many previous emmetropes develop myopia after age 18. Research suggests that the highest risk factors for adult myopia progression and onset appear to be extensive near work with short working distances, high AC/A ratio, and high accommodative lag. What should ECPs do to treat progressing myopia in adults? Although adult myopia progression is frequently encountered in clinical practice, we have few publications to guide management. However, data is beginning to emerge. Given that both juvenile and adult myopia progression are due to axial elongation, it is reasonable to believe that established modalities would be effective in adults. Read More