Dr. Chad Fleming on Protecting Your Practice From Private Equity

Is private equity knocking at your door but you don’t want to let them in? How can you if they’re floating an attractive offer? Dr. Chad Fleming with Wichita Optometry has faced down Private Equity and shares how he’s done it. Dr. Chad Fleming is an optometrist at Wichita Optometry in Wichita KS. He’s been practicing Optometry since 2002 with a focus on primary eye care and a special interest in helping patients find relief from dry eye. Dr. Fleming also has a lot of experience on the business side of an optometry practice. He’s fended off Private Equity, our topic today, and he started and is a principal of PIPGPO, which helps optometry practices stay up to date on new lenses and frames at a much lower cost compared to doing it themselves.  In this episode Carl White and Dr. Chad Fleming discuss:What a P/E offer can look likeWhat multiples Dr. Fleming is seeing on offers to buy practices these daysHow PIPGPO helps optometry practices save money on lenses and frames, thus helping them stay private  Want to be a guest on PracticeCare?Have an experience with a business issue you think others will benefit from? Come on PracticeCare and tell the world! Here’s the link where you can get the process started. Affiliate PromotionWe’re fans of Constant Contact for email campaigns, newsletters, and emails. We use it with our clients. What we like: Very easy to useVery flexibleEasy to find supportHIPAA compliant Get 30% off for the 1st 3 months if you sign up using our partner link. We do receive a commission when you use our link. Constant Contact offers additional prepayment discounts you can choose: 10% off per month for your first 6 months, or 15% off for the year. If you prepay, your discount stacks on top of the 30% discount for the 1st 3 months. Connect with Dr. Chad FlemingPipgpo.com Connect with Carl WhiteWebsite: http://www.marketvisorygroup.comEmail:  whitec@marketvisorygroup.comFacebook:  https://www.facebook.com/marketvisorygroupYouTube: https://www.youtube.com/channel/UCD9BLCu_i2ezBj1ktUHVmigLinkedIn: http://www.linkedin.com/in/healthcaremktg