LION Eye Group Signs Supplier Agreement With ABB Optical Group

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NEW YORK—LION Eye Group, a network of independent optometry practices that utilizes various key initiatives and protocols across strategic and non-clinical operational disciplines to increase provider profitability, entered into a master service agreement with ABB Optical Group (ABB). Under the terms of the agreement, the LION network practices will have access to ABB's optical platform of contact lenses, lab services and the company's business solutions portfolio, which includes ABB Analyze, ABB Verify and Eyecare Live, according to a LION announcement earlier this week.

This is the “first-of-its-kind” agreement between the new network LION and a major supplier of contact lenses, the announcement noted. It was set up to assist LION network practices purchase and track volume, patterns and performance for each of its member optometry practices. These data points will provide transparency and in turn, allow its members to save time and increase profits while focusing on patient care.

“It was important for us to collaborate with a company that can provide multi-faceted solutions that help our network doctors run their businesses more efficiently and effectively,” Lori Landrio, OD, chairman of the board at LION, said. “Driving revenue of each practice in the network while maintaining a high level of patient satisfaction through superior eyecare is imperative, and ABB addresses all these needs.”

LION said it looks forward to “a long, collaborative relationship with ABB as LION continues to develop its network across the U.S. and establish itself as the leader in providing cost-effective eyecare to its patients.”

Launched on Jan. 1, 2020, LION Eye Group is a network of 25 and growing successful optometry practices based in New York. The group's mission is to maintain an accessible, exceptional and consistent level of optometry care to its patients through a structure of meaningful organizations that strive to bring superior quality, value, and safe practices to doctor, patient, and the health care system through collaboration, cost reduction and accountability while serving as first level guardians of eyecare, according to this week’s announcement.

Visit lioneyegroup.com for more information.