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Optometry Business: Retain Profits, Maximize Patient Retention, and Thrive

December 23, 2024
Written by: Jordon Comstock

Running an optometry business isn’t just about providing vision care—it’s about building loyalty, maximizing profits, and ensuring patients keep coming back for more. And let’s face it, staying profitable while keeping patients happy isn’t always easy. But what if there was a strategy that encouraged loyalty, got patients to spend more, and turned your practice into a powerhouse of predictable revenue?

Enter the patient membership plan, a game-changing approach to retaining patients, boosting revenue, and creating a seamless experience that benefits both your practice and your patients. Think of it like Disneyland: Once your patients are “in the park,” they’re more likely to say yes to products, services, and treatments they need—and maybe even some they want.

Let’s explore how membership plans work, their benefits, and how practices like yours are using tools like BoomCloud™to turn casual visitors into loyal members.


The Vision Insurance Gap: A Huge Opportunity For your Optometry Business

Did you know that over 200 million Americans lack vision insurance? (Source). That’s a massive market of potential patients who need affordable care but don’t want to deal with the hassles of traditional insurance. Membership plans offer a simple, cost-effective solution for these patients while creating consistent revenue for your practice.


How Membership Plans Benefit Patients

Patients without vision insurance often skip essential care or delay buying new frames and contacts because of cost concerns. A membership plan solves these problems by providing predictable, affordable pricing.

Benefits for Patients:

  • Savings on Care: Discounts on exams, frames, contacts, and even supplements.
  • Convenience: Simple, transparent pricing—no claims, no waiting periods.
  • Loyalty Perks: Exclusive deals and priority service.

When patients feel cared for and see value in your services, they’re more likely to stick around—and spend more.


How Membership Plans Benefit Your Optometry Business

For practice owners, membership plans are a goldmine of loyalty and predictable income.

Benefits for Your Business:

  • Recurring Revenue: Steady income through Monthly Recurring Revenue (MRR).
  • Increased Patient Spend: Members spend more on frames, contacts, and add-ons like supplements.
  • Improved Retention: Membership creates a “sticky” relationship, reducing patient churn.
  • Simplified Operations: No insurance hassles, no chasing claims—just direct patient relationships.

Case Study: How One Practice Scaled Their Membership Plan

Let’s look at Clear Vision Optometry, a practice that implemented a membership plan with BoomCloud™.

  • The Plan: $35/month or $420/year.
  • Membership Perks: Free annual exams, 25% off frames, 20% off contacts, and discounts on supplements.
  • Results:
    • 1,300 Members signed up in the first year.
    • MRR: $45,500/month in recurring revenue.
    • ARR: Over $546,000 annually from memberships alone.
    • Average Patient Spend: Members spent $800/year on frames, contacts, and other services compared to $400/year for non-members.

How BoomCloud™ Makes Membership Plans Easy

If the idea of setting up a membership plan feels overwhelming, don’t sweat it—BoomCloud™ has you covered. This powerful platform makes it easy to create, manage, and scale membership plans with minimal effort.

How to Use BoomCloud™ in 5 Steps:

  1. Create an Account: Sign up and access the tools you need to build your membership plan.
  2. Customize Plans: Use pre-built templates to design plans that meet your practice’s goals and patients’ needs.
  3. Integrate with Your Website: Add patient enrollment directly to your site for seamless sign-ups.
  4. Launch SMS Campaigns: Reach out to uninsured and inactive patients with targeted messages promoting your plan.
  5. Monitor Growth: Use BoomCloud™’s dashboard to track MRR, ARR, and membership performance.

Why Membership Plans Are Like Disneyland for Your Practice

Think about it: When patients join your membership plan, they’re already “in the park.” That means they’re more likely to say yes to premium frames, stylish lenses, and high-quality contacts. Plus, they might even splurge on supplements or blue-light-blocking glasses because they trust your recommendations.

It’s the same psychology that makes people buy overpriced churros at Disneyland—they’re invested, and they see value in what you offer.


Final Thoughts: Membership Plans Are the Future of Optometry

If you want to grow your optometry business, focus on retaining patients and maximizing their lifetime value. A patient membership plan powered by BoomCloud™ can turn occasional visitors into loyal customers while generating predictable revenue for your practice.

With over 200 million Americans lacking vision insurance, the opportunity is massive. So, why wait? Set up your membership plan today, and watch your practice—and profits—soar. Because when it comes to patient retention, loyalty isn’t just a strategy—it’s your superpower.

My Top Podcasts

Download "The Million Dollar Dental Membership Plan" E-book!

Learn tactics and strategies from practices that have built a million dollars in recurring revenue from their membership subscriptions alone! Creating a patient membership plan is the smartest strategy to implment in your practice. You will increase patient satisfaction & loyalty, Increase predictable recurring revenue & improve your case acceptence by 3X with members. Download the book Now!

Membership Plans For Optometrists

vision-membership-plan-ebook Learn tactics and strategies from practices that have built a million dollars in recurring revenue from their membership subscriptions alone! Creating a patient membership plan is the smartest strategy to implement in your practice. You will increase patient satisfaction & loyalty, Increase predictable recurring revenue & improve your case acceptence by 3X with members. Download the book Now!

What is BoomCloud™?

BoomCloud is a software platform that allows you to create, manage & grow your own membership program. Build unlimited plans, track recurring revenue, active members metrics. Integrate your online membership enrollment with your website & start growing recurring revenue. Schedule a demo!

Fire The PPOs With These Proven Strategies!

Discover how to break free from the grip of PPOs and transform your practice into a thriving, profitable business. Imagine better cash flow, higher profits, and stronger patient relationships. It’s not a dream – it’s a reality waiting for you.

Say goodbye to PPOs and hello to a thriving, independent dental practice. Don’t miss out – your journey to financial freedom starts here!

Watch a BoomCloud™ Demo

Power your patient membership program, Create recurring revenue, improve patient loyalty & maximize patient spend. 

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Jordon Comstock

Author Bio

Jordon Comstock is the Founder & CEO of BoomCloud™, a software that allows practice, clinic & spa owners to build, manage and scale a membership program. This helps practice & clinic owners to create recurring revenue & improve loyalty via membership programs. Jordon is passionate about Music, Hawaii, Healthcare businesses like: dentistry, optometry, med spas and massage spas. Schedule a demo of BoomCloud™ and learn how membership programs can improve your business. Here are more dental books to improve your practice

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