Ever wonder what would happen if two game-changing platforms joined forces? Think peanut butter meeting chocolate or Batman teaming up with Robin. That’s exactly what you get when Weave Optometry and BoomCloud™ come together. This dynamic duo isn’t just about managing schedules and sending texts—it’s about revolutionizing your optometry practice with ARPP, membership plans, and scalable, recurring revenue.
Get ready for the inside scoop on how to supercharge your optometry practice, boost revenue, and drop those pesky PPO plans like yesterday’s news.
What’s Weave Optometry All About?
Weave is like that super-organized friend who keeps your life running smoothly. It handles everything from appointment scheduling to patient communications to payments—and it does it all with a user-friendly interface that even your most tech-averse team members can master.
Now, throw BoomCloud™ into the mix, and you’ve got a one-two punch of patient engagement and financial growth. BoomCloud™ helps you create and scale a membership program that drives recurring revenue, attracts loyal patients, and ditches the dependence on insurance.
The Power of Membership Plans in Optometry
Here’s why membership plans are the unsung heroes of the optometry world:
- Predictable Revenue: Membership programs generate consistent cash flow through monthly or annual subscriptions.
- Loyal Patients: Members stick around longer and are more likely to say “yes” to additional services or products.
- Higher Spending: Membership patients spend 2X to 5X more than PPO patients, and they don’t flinch at premium eyewear or advanced lenses.
The Case Study: Scaling to 3,500 Members with Weave + BoomCloud™
Let’s talk real-world success. An optometry practice partnered with Weave and BoomCloud™ to build a membership program that completely transformed their business.
Here’s what happened:
- Active Members: 3,500 members in just 28 months.
- Monthly Fee: $45 per patient.
- MRR (Monthly Recurring Revenue): $157,500.
- ARR (Annual Recurring Revenue): $1.89 million.
- ARPP (Average Revenue Per Patient): Skyrocketed, thanks to loyal members who prioritized their eye health and loved the perks.
- Case Acceptance Rate: Jumped to 40%, leaving cash and PPO patients in the dust.
How to Optimize Your Optometry Practice with Weave + BoomCloud™
Ready to take your practice to the next level? Here’s how the Weave and BoomCloud™ combo can make it happen:
1. ARPP: The Key Metric for Growth
Average Revenue Per Patient (ARPP) is the golden ticket to scaling your practice. Membership plans drive ARPP through higher patient spending, loyalty, and recurring revenue. With Weave handling patient communication, scheduling, and payments, you’ll ensure that no appointment—or opportunity—is missed.
2. Renegotiate or Drop PPO Plans
Tired of PPOs dictating your pricing and stealing your profits? Membership plans give you the financial freedom to renegotiate or ditch those contracts altogether. BoomCloud™ makes this transition seamless by helping you retain patients with a tailored membership program.
3. Know Your ICP (Ideal Customer Profile)
Not all patients are created equal. Identify your ICP—those who value quality care, premium eyewear, and transparent pricing. Membership programs attract these high-value patients while filtering out the deal-seekers who balk at anything above basic coverage.
4. Marketing That Delivers Results
You can’t grow without visibility. Weave’s online review system boosts your SEO ranking, while BoomCloud™ helps market your membership program. From PPC ads to social media campaigns, this powerhouse combo gets your practice in front of the right audience.
Why Membership Patients Are Worth Their Weight in Gold
Let’s talk numbers:
- Membership patients spend 2X to 5X more than insured patients.
- They’re more likely to invest in high-end eyewear and specialty lenses.
- Membership patients accept 40% of treatment plans, compared to 30% for PPO patients and 24% for cash payers.
Translation: Membership patients are your practice’s MVPs.
The Role of Case Acceptance Rates in Growth
Case acceptance rates are a critical metric for any practice.
- Membership patients: 40% acceptance rate.
- PPO patients: 30% acceptance rate.
- Cash patients: 24% acceptance rate.
By removing financial barriers with a membership program, BoomCloud™ ensures more patients say “yes” to the services and products they need.
Why Weave + BoomCloud™ Is a No-Brainer for Optometry Practices
The combination of Weave’s communication tools and BoomCloud™’s membership platform is like upgrading from VHS to 4K streaming. It’s smooth, efficient, and incredibly rewarding.
- Streamlined Operations: Weave automates patient communication and billing.
- Recurring Revenue: BoomCloud™ builds a membership base that generates consistent cash flow.
- Increased Profitability: Higher ARPP, better case acceptance rates, and loyal patients make scaling a breeze.
Take the Leap
If you’re ready to stop depending on PPOs, stabilize your revenue, and attract high-value patients, it’s time to embrace the Weave + BoomCloud™ partnership. Schedule a demo and see how this game-changing combo can transform your optometry practice.
Let’s ditch the status quo and start building a practice that grows, scales, and thrives. Because your vision for success should be 20/20.
