Page 46 - 2015 Key Metrics-Assessing ECP Practice Performance
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Occupancy Cost
The median annual occupancy cost per square foot of office space reported by MBA participants during 2010 was $23. Sixty percent of
practices experience occupancy costs between $15 and $33.
Annual Occupancy Cost per Square Foot
Low Median High
$7 $13 $16 $20 $21 $23 $25 $28 $31 $36 $53
5th 15th 25th 35th 45th 50th 55th 65th 75th 85th 95th
percentile ranking
AVERAGE = $29
Net Income % of Gross Revenue
th
The median net income as a percentage of gross revenue is 30% for independent ODs. At the 75 performance percentile, net income
percent is 42%.
Net Income % of Gross Revenue
Improvement High
Opportunity Median Performance
8% 20% 24% 26% 29% 30% 32% 37% 42% 47% 50%
5th 15th 25th 35th 45th 50th 55th 65th 75th 85th 95th
percentile ranking
44 Key Metrics: Assessing Optometric Practice Performance 2015
