“How to borrow money for your future optometry practice?” with VisionOne


vision one credit union2

The first UIWRSO club event of 2015 was hosted by the Private Practice Club. It was also the evening of the first day of school. We hosted Mr. Schultz, President/CEO of VisionONE Credit Union, to come speak to the students about “How to borrow money for your future practice?” The topic was proposed by a student member who wanted to learn more about this subject. The primary reason that we chose this speaker is because of the company’s mission, “To advance independent optometry through innovative financial solutions.” As one of the few financial institution by optometrists for optometrists, the company dedicates attention towards solutions to industry-wide problems. They strive to reduce the road blocks for new optometrists to enter private practice and allow senior doctors a timely, lucrative exit. Vision One Credit Union seeks to bridge the communication gap between practice buyers and sellers through their Financial Educational programs.

The event drew in students from all classes, and our Practice Management professor, Dr. Garcia, who gave great reviews about the speaker, would like to have him come back on a rotating basis. So what did Mr. Schultz talk about? As a businessman who has been featured on the “Review of Optometric Business” Journal, Mr. Schultz did talk a lot about the finances of buying a practice, but the most important concept that I took away was his take on “cash flow” and how to calculate it. For example, if you wanted to buy a practice, “how do you calculate its true value?” Mr. Schultz wanted buyers to have a fair purchase so he provided very detailed and clear visuals to his explanations, and even students without a business background yet were able to grasp the concept. I thought it was such a valuable topic and I learned a lot about evaluating my future practice. Before this event, I did not have a clear concept about where my income was coming from, nor how to calculate it, but Mr. Schultz answered a lot of my questions. He told us that their company is non-profit and their credit union lends money to young practitioners for their start-up or purchase and offers financial counseling along the process. I’m glad our school was able to benefit from one of their free of charge Financial Educational programs.

cashflow table VisionONE

Stay Warm,


Susan Ly
UIWRSO Class of 2016
President, Private Practice Club

How are tablets and smartphone​s affecting your eyes?

20141103_193511UIWRSO students are motivated to learn even outside of the classrooms! The private practice club invited Dr. Thomas Gosling, a successful private practice doctor, to teach students about how current technology affect our eyes and how future doctors can address this issue. As the current president of this club, I strive to invite speakers from different part of the United States so that our members can have a diverse education outside of school, as well as hearing about our profession from multiple perspectives.

Dr.  Gosling flew in from Colorado with Mr. Mike Elton, HOYA representative, to our campus. Mr. Elton was kind enough to sponsor dinner and donate an iPad Air as a door prize. Over 60 students and 20141103_184649a table of professors attended the event. Dr. Gosling has spoken at other colleges of optometry, but this was his first visit to the Rosenberg School of Optometry. He talked to our students about the hazards of blue light emitted from our electronic devices such as smart phones, tablets, and other hand held devices. Dr. Gosling reviewed some vision science and ocular anatomy topics by prompting students to recall the different types of photoreceptors in our eyesight. There are three type of cone photoreceptors, red, green, and blue. Research suggests that the blue photoreceptor are linked to melanin levels. Melanin hormone helps the body sleep, so when blue light activates the blue photoreceptor, our body thinks we are outside in the sun and wakes us up by inhibiting melanin. However with an influx of bright led phones and gadgets within such a short time period, 20141103_184658how do we protect our eyes that are constantly exposed emitted blue light? I am guilty of browsing my phone in class, at work, and at night before I sleep. Dr. Gosling brought to my attention that my circadian rhythm may be disrupted.

Dr. Gosling also noted how younger and younger children are using LED devices, and he was concerned with the extremely close working distance due to their shorter arm span. Eye strain may arise from this but even worse is that the young crystalline lens is exposed to more blue light. Since led screens are a relatively new technology, we do not know how long exposure will impact humans, but we do know some cataracts are formed from too much time outside without sunglasses and a hat!

Dr. Gosling presented many ways to protect against blue light, but the best way was incorporating blue light protection in the lens of glasses. He talked about the line of lenses that the HOYA company is producing. I actually got to try the lenses myself, courtesy of Mr. Elton.  My frames had the HOYA lens that blocks blue light and a small prescription change at the bottom of the lens to adjust for up close work on my smartphone. I can feel the difference! My eyes do not feel as strained up close and the optics are just so clear.

I absolutely enjoyed this talk and it reminded me of a continuing education course (CE) for students. Our profession is looking forward and taking steps to protect our patients eyes from something most of us may deem harmless.