Attend the Ophthalmologists Business Summit
The business of health care is shifting dramatically, and the Academy has developed a solutions-oriented program to address the key financial and operational challenges facing modern practices right now.
Over a day and a half, business experts and Academy leaders will uncover actionable strategies for running a successful modern practice. The curriculum covers how to:
- Improve profitability by quickly identifying opportunities in your practice finances;
- Manage your online reputation and increase referrals;
- Protect your practice from cyber threats like ransomware that can cost you thousands of dollars;
- Renew your passion for ophthalmology with strategies to combat burnout and protect your staff’s well-being;
- Leverage powerful tools like the Academy’s IRIS Registry.
Seats are limited – don’t miss this unique chance to gain insights and exchange knowledge with your colleagues.
It’s an important and valuable opportunity you can’t afford to miss.
>> OMIC insureds who are current members of certain ophthalmic societies with whom OMIC has an educational alliance and who attend the event will receive a 10% discount upon renewal of their OMIC policy. Non-society members will receive a 5% discount.
Your Practice’s Online Reputation: Protecting and Promoting Your Practice
Cybersecurity: Are you HIPAA Compliant and Is Your Data Protected?
Lean Management for the Ophthalmic Practice
OMIC maintains educational alliances with most ophthalmic societies in the United States. We share patient safety and risk management resources and also support local lobbying and tort reform efforts. Policyholders who are members of societies with an OMIC partnership earn a 10% risk management discount when they complete an approved OMIC risk management event. Visit the page for your society below for more information on which events qualify for the discount.
>> State Society Pages Map View / List View
>> Subspecialty Society Pages
>> Specialized Interest Society Pages
Here are the complete Ophthalmologists Business Summit curriculum details:
Location
Westin Dallas Fort Worth Airport
4545 W. John Carpenter Freeway, Irving, Texas
Times
Saturday, March 24: 8:30 a.m. to 4:30 p.m.
Sunday, March 25: 8 a.m. to 12 p.m.
Special Introductory Prices
$1100 $849 member (Advance registration, Dec. 15 to Feb. 28)
$1100 $899 member (Regular registration, March 1 to 25)
Register Now!
Reserve your spot and save with early registration discount
OMIC Digest Archives 2016
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OMIC Digest: Vol. 26 | No. 2 | 2016
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OMIC Digest: Vol. 26 | No. 1 | 2016
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2017 Members Report
OMIC’s 2017 Members Report was mailed to insureds in October. If you did not receive your copy or would additional copies, contact us at omic@omic.com.
In this report:
MESSAGE FROM THE CHAIR George Williams, MD discusses the effect of big data on our specialty.
MESSAGE FROM THE CEO Tim Padovese celebrates 30 years of OMIC service by announcing some big news.
FINANCIAL HIGHLIGHTS A 30-year look at OMIC financial and operational successes.
OMIC declares 2017 dividend and announces no rate change throughout 2018
OMIC President & CEO
Timothy Padovese
That’s Benjamin Franklin on the $100 bill and you’re going to be seeing a lot more of him in 2018. As President and Chief Executive of OMIC, I am pleased to announce a 20% dividend for policyholders renewing during 2018. That’s twenty Benjamins for the average insured.
Since 2005, OMIC has declared dividends totaling more than $70.9 Million; an impressive return considering our annual direct written premium has averaged approximately $40 Million during this period.
In addition to the dividend, premiums will remain unchanged in all states throughout 2018. That means more Benjamins will be staying in your pocket.
OMIC has steadily decreased average rates since 2008, when claims trends began showing marked improvement. We believe our commitment to ophthalmology and expertise in claim management is the reason for the incredible claim results. We do know that regardless of operating success, there will at some point be a natural cycle in our industry that brings worsening results. We believe our consistent return of premium is in line with a long-standing commitment to fiscal conservatism. We’ve added millions to policyholder surplus in recent years in order to protect OMIC from future unexpected claims activity.
Our success is a direct result of our policyholders’ continuing support of our program. We’re also proud of the fact that, unlike many of our multispecialty competitors, OMIC’s philosophy has always been to return any premium above what is needed to prudently operate your company at the earliest opportunity.
We hope you will spread the good news to colleagues who may have not yet joined OMIC that great rewards are achieved when ophthalmologists join together in support of our profession.
