The 360 Transition gets deals done
Buy or sell your practice with confidence.
There are a lot of steps along your journey to purchase or sell a practice! Akrinos offers the experience, solutions, and expert team to lead you through the entire process!
Practice Valuation- calculate fair market value for going concern
Due Diligence & Act of Sale- equitable agreements & timely transitions
Practice Modernization- create your blueprint for practice success
Infrastructure & Innovation- establish your modern, tech-centric SOPs
Talent Management- hire, train & retain your dream team
Re-Brand & Launch- OPEN FOR BUSINESS!
Are you ready to buy or sell a practice? We're ready to help.
Dr. Travis Bals
Working with Akrinos to launch my optometry cold-start has been a huge personal and professional blessing in my journey to practice ownership. I think that what made them unique compared to other consulting groups that I considered was their hands-on guidance and collaborative approach.
Now that my practice is open, my professional dreams get to come true every day and that wouldn't have been possible without Erich and Akrinos. Although I wanted to be a practice owner I didn't know where to start, but Akrinos provided me with a step-by-step process that made everything unbelievably easier and more approachable. 10/10 highly recommend!
Dr. Travis Bals
Optometrist - Scottsdale, AZ
Dr. Melissa Dugan
In June 2024, Melissa Dugan, OD, turned her dream of owning a private practice into reality with the opening of Lakefront Eyecare in New Orleans, Louisiana.
After six years at a private practice that was acquired by a private equity firm, Dr. Dugan began to question her career path, especially as she balanced the demands of a new role as a mother. “I thought, ‘Do I want to work for someone else for the rest of my life?’” she says.
Learn more about Dr. Dugan's cold-start journey & collaboration with Akrinos in Women in Optometry
Dr. Melissa Dugan
Optometrist - New Orleans, LA
Dr. Ben Szu
Akrinos' expertise and guidance have been instrumental in helping us understand and implement best business practices. From enhancing our staff culture to organizing our financials, Akrinos support has made a significant difference in the overall operation and success of our practice.
The changes we have implemented under Akrinos direction have not only improved our efficiency but have also created a more cohesive and motivated team. The insights and strategies have been both practical and transformative, and I am truly appreciative of the positive impact you have had.
Thank you for your outstanding service and dedication. I look forward to continuing our collaboration and achieving even greater success together.
Dr. Ben Szu
Optometrist - Costa Mesa, CA
Dr. Lori Blackmer
Lori Blackmer, OD, has spent the last 35 years growing Picayune Eye Clinic, raising her family and mentoring the next generation of optometrists.
“This practice is part of my retirement plan,” Dr. Blackmer says with a laugh. [She] would prefer not to sell to private equity, and bringing in an associate or eventual partner means she has more influence in the practice’s future. “But more than that, it’s part of this town. I may live here for the rest of my life, and I want to be proud of what it becomes.”
Learn more about Dr. Blackmer's journey & collaboration with Akrinos in Women in Optometry
Dr. Lori Blackmer
Optometrist - Picayune, MS
Dr. David Mitchell
Akrinos brought a fresh and exciting perspective to my practice, allowing it to thrive in today's competitive landscape. Through their comprehensive analysis, Akrinos identified areas of improvement and untapped opportunities within my practice that I hadn't considered. Their recommendations were practical, actionable, and easy to implement. As a result, I witnessed a significant increase in patient satisfaction, improved efficiency in daily operations, and a positive impact on the overall financial performance of my practice.
What truly sets Akrinos apart is their unwavering support and commitment to my success. They didn't just provide recommendations and walk away; they stayed by my side throughout the entire journey. You can tell they are actually invested in your success! Their expertise, innovative solutions, and ongoing support have transformed my practice, allowing it to reach new heights.
Dr. David Mitchell
Optometrist - Thibodaux, LA
Dr. Tyson Allard
"The big thing that drew me to Akrinos is that its CEO, Erich Mattei, MBA, does a lot of out-of-the-box thinking, and then uses metrics to aid in the process of putting those creative solutions into action."
Learn more about Dr. Allard's journey & collaboration with Akrinos in Review of Optometric Business
Dr. Tyson Allard
Optometrist - Weatherford, OK
The Six Steps to Sale & Re-Launch
Practice Valuation
The 360 Valuation is a robust comprehensive estimate of the present fair market value of the business enterprise value of the practice including buyer feasibility analysis to see if this venture really is possible Includes: Industry, Business & Regional Overview; Financial Statement Reconstruction & Forecast; Valuation Methodology (Asset-, Income- & Market-based approach); Conclusion of Business Value; Business Price Justification (answers to all of the cash flow questions!)
Due Diligence & Act of Sale
Detailed analysis of all financial, legal & operational functions of the business to be bought or sold, negotiations of selling price and execution of act of sale Includes: Financial Due Diligence; Legal, Lease & Employment Due Diligence; Operational & Business Performance Due Diligence, Letter of Intent/Offer Letter, Buyer/Seller Representation, Join Intermediary, Agreements, Act of Sale
Practice Modernization
Your strategic business plan is the blueprint for bringing your vision to a tangible reality providing financial projections, market analyses & master plan for the future of the practice under new ownership. Includes: 36-Month Financial Forecast & Feasibility Analysis, localEyes 9 Zip Code Geo-Spatial Analysis, Strategic Business Plan
Infrastructure & Innovation
You're taking over ownership of the practice, counting down to your re-launch, let’s set up the processes & technology best suited to delivering top level of care, delighting your patients, and ensuring growth and efficiency in your practice (with minimal headaches!)
Team Management
You want the best team out there and we help you with employee onboarding and retention, and setting office policies, as well as establishing the structure for future evaluations, discipline, and termination. We'll also help you get comfortable in your new leadership role.
Re-Brand & Launch
Our omnichannel marketing strategy helps you maximize scheduled exams and position your practice for high-velocity re-launch!
Our approach warrants a high degree of engagement and communication via digital forms, email, phone, and virtual meetings. This is the only way we can deliver thorough analyses, reports, and action plans to ensure results through each stage of planning, development, and re-launch.
Practice Valuation
Gain insight into the fair market value & financial viability of your sale or purchase
The 360 Valuation is a robust comprehensive estimate of the present fair market value of the business enterprise value of the practice including buyer feasibility analysis to see if this venture really is possible Includes: Industry, Business & Regional Overview; Financial Statement Reconstruction & Forecast; Valuation Methodology (Asset-, Income- & Market-based approach); Conclusion of Business Value; Business Price Justification (answers to all of the cash flow questions!)
Everything you need to feel confident in the financial feasibility of pursuing your dream to sell or purchase a practice!
The Steps...
1. Industry, Business & Regional Overview
2. Financial Statement Reconstruction & Forecast
3. Valuation Methodology
4. Conclusion of Business Value
5. Business Price Justification
After completing these steps, you will feel confident in the financial feasibility of buying or selling a practice!
Due Diligence & Act of Sale
Ensure an equitable and timely transition of mutual benefit to all stakeholders
Detailed analysis of all financial, legal & operational functions of the business to be bought or sold, negotiations of selling price and execution of act of sale Includes: Financial Due Diligence; Legal, Lease & Employment Due Diligence; Operational & Business Performance Due Diligence, Letter of Intent/Offer Letter, Buyer/Seller Representation or Joint Intermediary, Agreements & Act of Sale
CONGRATULATIONS to Buyer & Seller, and the Community the practice serves!
The Steps...
1. Financial Due Diligence
2. Legal Due Diligence
3. Operational Due Diligence
4. Letter of Intent/Offer Letter
5. Buyer/Seller Representation or Joint Intermediary
6. Agreements & Act of Sale
These steps ensure an equitable, timely Act of Sale !
Practice Modernization
You’ve got a vision for the future of the practice under new ownership, now gain clarity on the exact cash flow projections & geo-spatial & competitive market analysis, and create a comprehensive roadmap of your vision, serving as the guiding light for the years to come.
Complete strategic business plan composition including: Company Description; Products &Services; Market Analysis; Strategy &Implementation; Organization & Management; Financial Forecast & Feasibility Analysis.
Your vision, ideas, scope of care, and goals for the practice under new ownership brought into focus, providing a clear path forward-- everything you need to feel confident in the viability of your future in practice ownership.
The Steps...
1. Executive Summary
2. Company Description
3. Products & Services
4. Market Analysis
5. Strategy & Implementation
6. Organization & Management Team
7. Financial Forecast & Feasibility Analysis
By following this plan, you will develop a focused vision for your practice, goals & benchmarks, and a clear path forward ensuring your success in practice ownership!
Infrastructure & Innovation
Your taking over ownership of the practice, counting down to your re-launch, let’s set up the processes & technology best suited to delivering top level of care, delighting your patients, and ensuring growth and efficiency in your practice (with minimal headaches!)
Establish standard operating procedures that are simple and easy for training your personnel, utilizing innovative business solutions to prevent headaches, minimize overhead, and maximize ROI.
You’ve got processes, procedures, &workflows in place, now it’s time to hire and train your team!
The Steps...
1. Technology Suite
2. Procedures Manual
3. Team Tech
4. Patient Tech
5. Practice Infrastructure
6. Licensing & Insurance*
After you develop your office procedures, you'll have everything in place to adapt your new team and run smooth operations!
Team Management
Your office is set up, processes are established, and now it’s time to build and train the team that will delight your patients, and help drive your operations& growth!
Comprehensive Human resources functions, including employee recruitment, onboarding, evaluations, discipline, office policies, and termination. Also included are physician recruitment, contract construction, and negotiation.
Your dream team is on-board, trained, & aligned with your vision. You’ve got the tools, resources, and guidance to lead and manage your team, and the policies are in-place to ensure you and your practice are protected!
The Steps...
1.Human Resources
2. Leadership
3. Compensation & Benefits
4. Associate Provider
Take these steps to assemble and train your perfect dream team, while also developing policies to protect yourself and your practice!
Re-Brand & Launch
You’ve made it (yet it’s only just begun!)— what was once a dream, has come to reality, it’s time for your GRAND OPENING!
Implement an omnichannel marketing strategy to maximize scheduled exams, patient conversions, and referrals for a High-Velocity launch.
Your vision is manifested: CONGRATULATIONS on launching your private practice, and BEST WISHES for a prosperous future in practice ownership!!
The Steps...
1. Practice Website & Social Media
2. 12-Month Strategic Marketing Plan
3. Service Fee, Pricing, & Reimbursement Audits
4. Digital Marketing & Analytics
5. Data Analytics
6. Monthly Strategy & Implementation Meeting
With Akrinos by your side, you will be fully prepared to purchase & re-launch your own successful private practice!
Are you ready?
The 360 Transition includes the business solutions & advisory to plan, develop, & launch a thriving practice:
- 360 Valuation by Akrinos
- Akrinos Business Foundations: Financial Forecast & Feasibility Analysis, localEyes Geo-Spatial & Strategic Business Plan
- The DIY Launchpad
- Transition Pulse (unlimited sessions)
- Credentialing with up to 5 Carriers
- Professional Vision, Medical, & Specialty Service Fee Schedules
- Optical & Materials Selection, Pricing and Merchandising
- Office-Branded Healthcare Literacy Assets
- Employee Handbook, Resource Center & Hotline
- On-Demand Training & Monthly Optical Talk
- Practice Analytics Dashboard
- Digital Analytics Dashboard
- The Practice Pulse (through your first 3 months open!)
Dr. Travis Bals
Working with Akrinos to launch my optometry cold-start has been a huge personal and professional blessing in my journey to practice ownership. I think that what made them unique compared to other consulting groups that I considered was their hands-on guidance and collaborative approach.
Now that my practice is open, my professional dreams get to come true every day and that wouldn't have been possible without Erich and Akrinos. Although I wanted to be a practice owner I didn't know where to start, but Akrinos provided me with a step-by-step process that made everything unbelievably easier and more approachable. 10/10 highly recommend!
Dr. Travis Bals
Optometrist - Scottsdale, AZ
Dr. Melissa Dugan
In June 2024, Melissa Dugan, OD, turned her dream of owning a private practice into reality with the opening of Lakefront Eyecare in New Orleans, Louisiana.
After six years at a private practice that was acquired by a private equity firm, Dr. Dugan began to question her career path, especially as she balanced the demands of a new role as a mother. “I thought, ‘Do I want to work for someone else for the rest of my life?’” she says.
Learn more about Dr. Dugan's cold-start journey & collaboration with Akrinos in Women in Optometry
Dr. Melissa Dugan
Optometrist - New Orleans, LA
Dr. Ben Szu
Akrinos' expertise and guidance have been instrumental in helping us understand and implement best business practices. From enhancing our staff culture to organizing our financials, Akrinos support has made a significant difference in the overall operation and success of our practice.
The changes we have implemented under Akrinos direction have not only improved our efficiency but have also created a more cohesive and motivated team. The insights and strategies have been both practical and transformative, and I am truly appreciative of the positive impact you have had.
Thank you for your outstanding service and dedication. I look forward to continuing our collaboration and achieving even greater success together.
Dr. Ben Szu
Optometrist - Costa Mesa, CA
Dr. Lori Blackmer
Lori Blackmer, OD, has spent the last 35 years growing Picayune Eye Clinic, raising her family and mentoring the next generation of optometrists.
“This practice is part of my retirement plan,” Dr. Blackmer says with a laugh. [She] would prefer not to sell to private equity, and bringing in an associate or eventual partner means she has more influence in the practice’s future. “But more than that, it’s part of this town. I may live here for the rest of my life, and I want to be proud of what it becomes.”
Learn more about Dr. Blackmer's journey & collaboration with Akrinos in Women in Optometry
Dr. Lori Blackmer
Optometrist - Picayune, MS
Dr. David Mitchell
Akrinos brought a fresh and exciting perspective to my practice, allowing it to thrive in today's competitive landscape. Through their comprehensive analysis, Akrinos identified areas of improvement and untapped opportunities within my practice that I hadn't considered. Their recommendations were practical, actionable, and easy to implement. As a result, I witnessed a significant increase in patient satisfaction, improved efficiency in daily operations, and a positive impact on the overall financial performance of my practice.
What truly sets Akrinos apart is their unwavering support and commitment to my success. They didn't just provide recommendations and walk away; they stayed by my side throughout the entire journey. You can tell they are actually invested in your success! Their expertise, innovative solutions, and ongoing support have transformed my practice, allowing it to reach new heights.
Dr. David Mitchell
Optometrist - Thibodaux, LA
Dr. Tyson Allard
"The big thing that drew me to Akrinos is that its CEO, Erich Mattei, MBA, does a lot of out-of-the-box thinking, and then uses metrics to aid in the process of putting those creative solutions into action."
Learn more about Dr. Allard's journey & collaboration with Akrinos in Review of Optometric Business
Dr. Tyson Allard
Optometrist - Weatherford, OK
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