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The Ophthalmologist / Issues / 2026 / February / When Growth Depends on One Surgeon, Your Practice is at Risk
Business and Entrepreneurship Opinions Insights

When Growth Depends on ONE Surgeon, Your Practice is at Risk

Why surgeon-dependent conversion creates volatility, underused capacity, and a ceiling no amount of marketing can fix

By Rod Solar 2/17/2026 3 min read

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Most private refractive and lens practices think they have a marketing problem. They don’t. They have a key man problem: growth, conversion, and decision‑making are all concentrated in a single surgeon. When that happens, no amount of extra leads can fix the volatility and waste that follow.

In the early 2000s, London Vision Clinic looked as “safe” as any private eye surgery business could be. No ego on the sign. No surgeon’s name above the door. Just a calm, generic brand that sounded like it could outlive any individual.

Inside, it was a different story. One refractive surgeon was the gravity well of the whole practice. He did all of the cash-producing work. Patients asked for him by name. Referral patterns bent around his clinic days. When he was in the building, theatres were humming. When he took time off, activity dipped.

On paper, it was London Vision Clinic. In reality, it was “Dr. X, Inc.” hiding behind a neutral logo.

Any sophisticated buyer looking at that profile sees the same thing: key man risk. If one person’s diary, health, or motivation wobbles, the whole growth story wobbles with it.

Fast‑forward two decades. The same brand sells for around £35 million. There are three cataract and refractive surgeons sharing the load. The original star is still there, but now he’s doing less than half the surgical volume and the theatres stay busy whether he is operating or not. 

Marketing works when he’s on holiday. Buyers aren’t buying a personality; they’re buying a machine.

Same name. Same city. Completely different risk profile.

This is what happens when a practice stops being surgeon‑dependent and starts being system‑dependent. And that, more than any new marketing campaign, is what most premium eye clinics are missing today.

The “slammed then silent” pattern

You know the story:

  • Some weeks the clinic is slammed.

  • Other weeks the same theatre, same laser, same team sit half empty.

From the outside this looks random. From the inside, it usually correlates perfectly with one person’s calendar, energy, and appetite for clinic: the owner‑surgeon. If new patient consults, premium recommendations, and pricing conversations only work when that surgeon is in the room, you don’t have a growth engine. You have a personality‑driven bottleneck.

How surgeon‑dependent conversion destroys capacity

Most clinics I speak to have already invested in:

  • Built‑out theatres

  • Expensive laser platforms

  • Full‑time staff

Yet they’re running far below capacity. Not because the market isn’t there, but because:

  1. Only the surgeon can “sell” the premium option.
    Coordinators and counselors are reduced to tour guides and traffic controllers.

  2. Associates are underused.
    Patients “wait for the main surgeon,” so other providers’ lists stay thin.

  3. The brand is the person, not the practice.
    If the surgeon takes a long holiday, everything slows down.

Result: wildly variable weeks and a structurally low return on the assets you’ve already bought.

Why no marketing budget can solve this

When conversion is surgeon‑dependent, pouring more leads into the top of the funnel just makes the bottleneck more painful:

  • Call center and marketing teams generate demand the clinic cannot consistently convert.

  • Staff burn out trying to “hold things together” between on‑weeks and off‑weeks.

  • The owner concludes “marketing doesn’t work,” when in fact the clinic never had a scalable conversion system.

Lead volume is not the constraint. Transferable sales skill is.

The hidden cost: valuation and deal terms

Buyers, banks, and private equity all look at the same thing: “What happens if this surgeon steps back?”

If one surgeon drives most of the revenue and is the only person who can reliably convert high‑value cases, the practice is treated as a risky income stream, not a durable business. That usually means:

  • Lower multiples

  • Heavier earn‑outs

  • Tighter post‑sale obligations

In other words: years of work, risk, and investment discounted because the enterprise can’t clearly operate without one individual.

Turning growth into a team sport

The solution is not another campaign. It is a deliberate shift from surgeon‑centric to system‑centric growth, which I’ve successful guided many premium practices through:

  1. Make the consult teachable.
    Turn how you recommend, explain options, and handle money into a clear, documented process any trained counselor can follow.

  2. Elevate counselors and coordinators.
    Let them lead structured value and price conversations, with the surgeon as the clinical authority, not the sole salesperson.

  3. Brand the practice, not just the person.
    Patients should feel confidence in “the clinic’s way” more than in one name on the door.

  4. Measure conversion by role, not just overall.
    Track show rate, premium mix, and revenue per consult across counselors and surgeons so you can see dependence and fix it.

This is not about removing the surgeon. It is about building a practice that can keep growing when the surgeon is operating, on holiday, or planning an exit.

The real mark of a healthy refractive business is simple: the week stays busy even when the founder isn’t.

About the Author(s)

Rod Solar

Rod Solar is Director of Practice Development at LiveseySolar, London, UK and a Scalable Business Advisor

More Articles by Rod Solar

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