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Ophthalmology News

Ophthalmology News (5)

Interesting news from the world of ophthalmology.

Monday, 20 January 2020 21:36

Smart Contact Lenses - The Future of Eye Care.

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smart contact lens

https://www.wired.com/story/mojo-vision-smart-contact-lens/  

A company called Mojo Vision has created a revolutionary new "Smart" contact lens with a screen about the size of a pin head.

 

Friday, 28 June 2019 19:18

VSP To Acquire Visionworks

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RANCHO CORDOVA, Calif.June 27, 2019 /PRNewswire/ -- VSP Global® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP network investment in the company's 65-year history.  The entire article can be found here:  https://www.prnewswire.com/news-releases/vsp-global-enters-into-definitive-agreement-to-acquire-visionworks-300876356.html

Private Equity has been making big plays in Ophthalmology for the last several years- But PE's aren't just big news in the eye world, they're also making big gains with medical practices in general.

Here's a link to a good article about private equity and medicine https://www.healthleadersmedia.com/finance/private-equity-purchasing-more-physician-practices

In summary, the article points out that PE groups typically look for majority ownership opportunities and pay out over $1M per physician.  The article refers to a study that found independent private practices are "rapidly disappearing".  The article goes on to note the rise of the "corporatization of medicine."

Drew Caldwell OjO Photo

Drew Caldwell was part of the AAO's Conversations with the Experts in 2018 and he'll be doing it again this year in San Francisco at the 2019 American Academy of Ophthalmology meeting! 

The AAOE's conversations with the experts is in the ACADEMY RESOURCE CENTER - MOSCONE CENTER, WEST, BOOTH 7337

Mr. Caldwell will be available:

Saturday 11-12 and 3-4

Sunday 12-1

Monday 12-1 and 3-4

If you're an Ophthalmology practice owner or administrator and you're asking yourself "What is the best way to recruit an Ophthalmologist for our practice?", please connect with us.  We would love the opportunity to answer your questions about ophthalmology recruitment and help you find and hire a talented eye surgeon for your practice opportunity.  This email address is being protected from spambots. You need JavaScript enabled to view it. 

Young and Experienced job-seeking Ophthalmologists will be networking at the AAO to interview and talk with practices who are hiring.  What are some of the ways your group can find and hire talented ophthalmologists for your employment and partnership opportunities?  It's a competitive, crowded marketplace and young ophthalmologists have a lot of career options.  What will your group do to attract great eye MDs for your practice?

We will be available to answer these questions and more at the AAO's  "Conversations with the Experts".  This is a great way for you to talk, one on one, with a recruiter who specializes in physician recruitment and placement.

We will be at the Academy Resource Center and we're pre-booking slots.  So if you'd like a useful, helpful chat about DIY recruitment, please send us a note.

This email address is being protected from spambots. You need JavaScript enabled to view it.

OjO Ophthalmology jobs Online

www.ojonline.net

 

Wills Eye Hospital Logo

This is really great news!  Here's some incredible news from one of the best Ophthalmology training and eye research centers in the U.S.; Wills Eye Hospital. Take a look.

wills eye hospital study device for the blind

WILLS EYE SPONSORS FIRST U.S. STUDY OF DEVICE FOR BLIND RETINITIS PIGMENTOSA PATIENTS

WILLS EYE HOSPITAL SPONSORS FIRST U.S. “EARLY FEASIBILITY STUDY” OF NEW IMPLANTABLE DEVICE FOR BLIND RETINITIS PIGMENTOSA PATIENTS
Wills Eye Hospital has been given Food and Drug Administration (FDA) approval to begin an early feasibility study (EFS) to implant the RETINA IMPLANT Alpha AMS sub-retinal device in patients blind due to Retinitis Pigmentosa (RP). The Alpha AMS is manufactured by Retina Implant AG, Reutlingen, Germany and has been designed to replace the non-functioning and absent photoreceptor cells in the eye lost to the RP deterioration. The surgically implanted Alpha AMS chip stimulates the remaining components of the visual system to restore limited functional vision in blind RP patients. The eye’s own natural focusing system (without the need of a camera) focuses light on a chip made of 1600 photo diodes. The RETINA IMPLANT Alpha AMS is an investigational device in the US and has CE Mark approval in Europe since 2016.

“This study represents the very earliest phase of clinically testing a potential new option for patients and families grappling with the devastating blindness caused by Retinitis Pigmentosa. We are thankful for the smooth process in working with the FDA and for the opportunity of offering this exciting technology in the form of an EFS investigational study to our blind RP patients for the first time in the U.S.” noted Julia A. Haller, MD, Wills Eye Hospital Ophthalmologist-in-Chief.

Retinitis pigmentosa is a degenerative eye disease which is the leading cause of inherited blindness in the developed world. There is no known cure for RP which affects an estimated 100,000 people in the USA and 1.5 million people worldwide. Approximately 1,500 individuals with RP each year progress to total blindness. Wills Eye Hospital is the only site in North America conducting this investigational research study and will enroll up to eight patients for implantation. If this initial study demonstrates encouraging results, a larger pivotal study will be performed to gain FDA approval.

Here's a link to the original article at Wills Eye Hospital: https://www.willseye.org/wills-eye-sponsors-first-u-s-study-of-device-for-blind-retinitis-pigmentosa-patients/

Here's a neat fact about the Wills Eye Hospital: More ophthalmologists have trained at Wills Eye than any other program in the U.S.

 Wills Eye Hospital is absolutely unique in all the world: a gift of the Quaker merchant James Wills to the City of Philadelphia in 1832.  He gave the fortune he made from his grocery business, to build a hospital for the indigent blind – and thus Wills became the nation’s first eye specialty hospital.  
 In 1839, the first physician to be trained in Ophthalmology as a specialty came to Wills, and in our 185 years of existence we have trained the most ophthalmologists of any program in the country.