A growing Los Alamitos eyecare practice has announced its acquisition of a Seal Beach, California, optometry practice as more and more small operators decide to work in collaborative clinical environments, The Event-NewsEnterprise reports.
According to John Osborn, the business manager of Alamitos Eyecare, with lease rates skyrocketing, labor costs rising, taxes going up and competition from big box stores, some older practitioners seek a better way to operate. Especially the practices facing the “end of their business cycle,” he added.
He said Alamitos Eyecare recently acquired the optometrist practice of Dr. Michael Fanarof, noting the former Seal Beach optometrist is now seeing his patients within the Alamitos Eyecare two-story complex in Los Alamitos. Read more.
