🇦🇺Australia

Patient Compensation from Calibration Errors

2 verified sources

Definition

Inaccurate optical measurements from uncalibrated instruments result in incorrect prescriptions, triggering refunds, rework, or ACCC-mediated compensation.

Key Findings

  • Financial Impact: AUD 2,000-5,000 per patient compensation claim; 5-10% of annual prescription revenue at risk
  • Frequency: Per incident; 1-3 claims per mid-sized practice annually
  • Root Cause: Missed calibration due dates from manual tracking; undocumented maintenance

Why This Matters

The Pitch: Optometry clinics in Australia 🇦🇺 lose AUD 2,000-5,000 per misprescription claim due to calibration failures. Automation ensures compliant logging and reduces claims.

Affected Stakeholders

Optometrists, Practice managers, Reception staff handling refunds

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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