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The Ophthalmologist / Issues / 2026 / September / The Biggest Risk to Your Practice Isn't Competition
Business and Entrepreneurship Opinions Insights

The Biggest Risk to Your Practice Isn't Competition

Most ophthalmology practice owners worry about the practice down the road. The bigger threat is building a business that's dependent on too few people, patients, or growth channels

By Rod Solar 9/3/2026 4 min read

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Ask most ophthalmology practice owners what keeps them up at night, and you'll get a familiar answer: the practice down the road. The new laser center that just opened. The surgeon who left to set up on their own. The corporate group buying up local practices one by one.

It's an understandable worry. Competition is visible. It has a name, a website, a location you can drive past. It's easy to point at and easy to obsess over.

Competition, however, is rarely what actually damages a practice. The bigger threat is quieter, less visible, and entirely of the practice's own making. It's dependence — on one surgeon, one referral source, one payer, one marketing channel, one way of doing things. And unlike competition, it's a risk owners can actually do something about.

Competition makes a convenient villain

When growth stalls, it's tempting to look outward. "Patients are choosing the new place." "There's more competition than there used to be." "The market's just tougher now."

Sometimes that's true. Most of the time, it isn't the real story.

Pull apart the numbers in a typical practice that's plateaued, and the cause usually isn't sitting in a rival's car park. It's sitting in the inquiry line that goes unanswered after 5pm. It's the lead that gets a callback three days later instead of three hours later. It's the patient journey that depends entirely on one person's goodwill, energy, or memory to keep moving. It's the marketing that stopped because someone got busy, and nobody noticed for two quarters.

None of that is competition. That's friction — internal, self-inflicted, and fixable.

The irony is that most refractive surgery patients aren't weighing up subtle differences between providers at all. They don't know enough about the field to compare surgical technique, technology platforms, or outcomes data in any meaningful way. What they respond to is far simpler: who reached them first, who followed up consistently, and who made the experience feel effortless and reassuring once they walked through the door. Patients aren't loyal to the best practice in town. They're loyal to the practice that showed up, stayed in touch, and treated them well.

Which means the practices "losing" to competition usually aren't losing by comparison. They're losing by default — because nobody followed up, or because the experience once someone new opened the door.

The real risk is dependence

If competition isn't the threat, what is? Fragility. And fragility has a very specific signature: dependence on too few of anything.

One surgeon. A practice built entirely around the availability, energy, and goodwill of a single clinician is a practice one illness, one retirement, or one bad month away from a genuine crisis. Succession isn't a topic for "someday" — it's a structural weakness sitting in the business today.

One referral source. Optometry relationships are valuable, and any single one of them can also disappear without notice — a change of ownership, a change of allegiance, a change of heart. A practice that draws the majority of its volume from one or two referral partners isn't running a diversified business; it's running a business with a single point of failure that happens to look calm from the outside.

One payer or one price point. Whether that's a single insurance relationship, a single corporate contract, or an entire book of business anchored to one price tier, concentration here means the practice's economics can be reshaped by someone else's decision, and made in someone else's boardroom, for someone else's reasons.

One marketing channel. Practices that built their patient volume on one platform — one ad account, one algorithm, one referral network - have, in effect, outsourced their growth to a system they don't control and can't influence. When that channel shifts, cools, or disappears, so does the pipeline.

None of these dependencies are visible the way a competitor's signage is visible. They don't show up on Google Maps. They show up in a spreadsheet, or in a moment of crisis, when the one thing everything relied on stops working.

This is why competition anxiety is, in a strange way, a distraction from the real work. Energy spent tracking a rival's pricing, monitoring their reviews, or trying to out-position them in the local market is energy not spent building the resilience that would make the practice safe regardless of what any competitor does.

Resilience, not protection

The strongest practices don't try to eliminate competition. They make competition largely irrelevant to their own success. They do this by investing in resilience rather than protection.

Systems over heroics. Resilient practices build processes that don't depend on any one person remembering to do something or feeling “up for it”. Inquiry response, follow-up, patient communication, and post-op care all run on defined, repeatable systems — so performance doesn't rise and fall with who happens to be in the building that day or how they’re feeling.

Brand over comparison. Instead of positioning against competitors, resilient practices build a clear, consistent identity of their own: what they stand for, who they're for, and what patients can expect. A strong brand doesn't need to mention the competition, because it isn't answering their questions — it's answering the patient's.

Experience over acquisition alone. Winning a patient is only half the job. Practices that generate steady word-of-mouth and repeat engagement — from family referrals to a second procedure years later — treat the clinical and administrative experience as the real marketing engine, not an afterthought once someone's already booked.

Diversified growth over a single channel. Rather than betting the year on one platform or one campaign, resilient practices build multiple, smaller streams of new patients — referral relationships, digital channels, reputation, events, content — so that no single disruption can take out the whole pipeline at once.

None of this is glamorous. It doesn't involve obsessively monitoring a competitor's Instagram or abruptly adjusting prices to undercut the practice down the road. It's slower, less dramatic work. It’s the kind of work that compounds quietly over years rather than delivering an immediate win over a rival.

Cultivate your own garden

The next time a new practice opens nearby, or a competitor's marketing seems to be everywhere, it's worth asking a different question than "What are they doing?" Ask instead: "Where are we dependent, and what would happen if that one thing failed tomorrow?"

That's a far more useful worry — because it's one the practice can actually act on.

Competitors will always exist, and worrying about them changes nothing about how they behave. But building a practice that doesn't lean too heavily on any one surgeon, one referral partner, one payer, or one channel - that's entirely within an owner's control. It's less exciting than scrutinizing the competition. It's also the difference between a practice that merely survives whatever the market throws at it, and one that never has to think about the practice down the road at all.

About the Author(s)

Rod Solar

Rod Solar is Director of Practice Development at LiveseySolar, London, UK and a Scalable Business Advisor

More Articles by Rod Solar

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