The Business of Contact Lenses: Your Best Investment - Scorecard - MDSpire

The Business of Contact Lenses: Your Best Investment

“The best investment by far is anything that develops yourself, and it’s not taxed at all.” -- Warren Buffett

  • By

  • CLARKE D. NEWMAN, OD, FAAO

  • March 1, 2026

  • 4 min

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Clinical Scorecard: The Business of Contact Lenses: Your Best Investment

At a Glance

CategoryDetail
ConditionContact Lens Practice Improvement
Key MechanismsContinuing education, artificial intelligence integration, myopia management, multifocal lens prescribing
Target PopulationEyecare providers and practitioners
Care SettingPrivate practice

Key Highlights

  • Investing in personal development is crucial for practitioners.
  • Continuing education enhances skills in specialty contact lens areas.
  • Artificial intelligence can improve patient and staff experiences.
  • Top practitioners attend conferences and accumulate CE credits.
  • Self-improvement sets a positive example for staff.

Guideline-Based Recommendations

Diagnosis

  • Stay updated on myopia management techniques.

Management

  • Incorporate AI for patient forms and electronic health records.

Monitoring & Follow-up

  • Regularly assess the effectiveness of new technologies in practice.

Risks

  • Avoid complacency with technology; continuous learning is essential.

Patient & Prescribing Data

Patients requiring contact lenses, particularly those with myopia.

Improving multifocal lens prescribing can enhance patient outcomes.

Clinical Best Practices

  • Engage fully in continuing education courses.
  • Utilize AI to streamline practice operations.
  • Attend industry conferences for knowledge enhancement.

References

Original Source(s)

The Business of Contact Lenses: Your Best Investment

  • by CLARKE D. NEWMAN, OD, FAAO

  • March 1, 2026

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