Aug 2013

ICO Refinances Bonds to Facilitate Future Growth

ICO recently closed on the refinance of its long-term bond debt and locked in substantial savings for the institution for years to come. The college took advantage of low interest rates by replacing $42 million in bonds—at a fluctuating interest rate—with a fixed interest rate of 2.86 percent. These savings are a benefit to the institution and will be redirected to support and enhance its…

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Jul 2013

Jonathan Dong ’16 Wins Second Place in Memmys Competition for “Thrift Opt”

It already went viral, with nearly 70,000 views and more than 1,000 likes on YouTube. Now, Jonathan Dong’s “Thrift Opt” video is an award winner, too, nabbing second in the University of South Carolina’s Medical Emmys competition. The first-ever student video contest drew 29 entries from health professions schools from across the country and around the world. ICO’s library will receive a $1,500 award as a result…

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Jun 2013

Medicaid Corrects Reimbursement Inequity for ODs

After months of work by the Illinois Optometric Association and the Illinois Eye Institute, Medicaid recently corrected an error that was causing unequal treatment in the Medicaid system between optometrists and medical doctors. Following the state’s implementation of the SMART Act in 2012, the reimbursement rates of many services, including those provided at the IEI, were reduced by 2.7 percent. Going forward, this reduction will apply only…

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May 2013

ICO Students Excel on NBEO Part I

The National Board of Examiners in Optometry recently released statistics on the Part I Basic Science exam, administered on ICO’s campus March 19 and 20. The pass rate for ICO first-time test-takers was 96.6 percent, and ICO’s overall pass rate was 95.3 percent. The national overall pass rate was 79 percent.


Apr 2013

Rep. Tammy Duckworth to Give Commencement Address

The honorable U.S. Rep. L. Tammy Duckworth will serve as the keynote speaker for the 170th ICO Commencement Ceremony to be held at 11:00 a.m., May 18, at Rockefeller Chapel. Duckworth will receive the honorary degree, Doctor of Humane Letters, during the ceremony. “Not only is Rep. Duckworth a distinguished member of Congress, she is a national hero and an amazing role model for our doctoral…

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