EP34: What We Can Learn from U.S. Optometry: A Cross-Market Conversation with Erich Mattei
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Ever wonder how optometry practices in the US compare to those in Australia and what we can learn from each other? In this episode, we are joined by Erich Mattei, President + Chief Vision Officer of Akrinos, to explore the landscape of independent practice, the impact of private equity, the evolving scope of practice, and how technology & consumer behaviour are reshaping the industry in the US and Australian optometry market.
With over a decade of hands-on experience in vision care and business consulting, Erich brings a unique lens to the conversation, drawing on his deep market insight and passion for empowering independent optometrists. This episode is packed with insights and a great reminder of how much we can learn from each other across borders.
Key Topics with Timestamps:
2:21 - Meet Erich Matte and his professional background
5:43 - The opportunity that started Akrinos
7:35 - The 3 phases of the optometry business lifecycle
11:23 - Australia and US market similarities and differences
18:14 - Private Equity Surge: Threat or Opportunity?
21:07 - The riffle effect benefits of private practice to the local community
25:56 - Expanding scope of care & optometry's evolving role
32:20 - The influx of optometry graduates in the US and Australia
34:31 - The future of telehealth in eye care
40:01 - Thinking about the new consumers: Gen-Z behaviour and digital expectations
42:42 - Niche Services, Membership Models & Alternative Practice Structures
47:43 - RX trends and the changing optical business
53:49 - The power of being independent
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All the other links and resources mentioned in this episode can be found at
https://www.thefocusedview.com.au
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