Aug. 23, 2023 — The Vision Council (TVC) has released its Provider inSights Q2 2023 report to offer insights into operations and sentiments from eyecare providers in the U.S. regarding the state of their practices, the eyecare industry, and the economy.
 
Here are some key takeaways from the report:
 

• ECPs’ outlook for the U.S. economy has slightly improved in the second quarter (Q2) of the year compared to the first (Q1).
• The inflation challenges reported in Q1 have remained through Q2, with most ECPs reporting they increased prices for eyewear due to align with wholesale prices.
• Hiring continues to be the biggest challenge reported among respondents. However, most ECPs expect staffing levels at their practices to remain through the year.
• Practices with multiple locations are twice as likely to have a difficult time retaining staff.

 
The Provider InSights Q2 2023 report is available here as a complimentary download for members and for nonmembers to purchase.
 
For more information: thevisioncouncil.org.