CVP partners with Virginia Eye Consultants to create multi-regional platform

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Jan 24, 2019, 13:00 ET

CINCINNATI, Jan. 24, 2019 /PRNewswire/ -- Virginia Eye Consultants (VEC) has joined CEI Vision Partners (CVP) to create one of the largest, premier ophthalmology management services organizations in the United States, with the mission of creating scale to help physician-led ophthalmology practices grow and remain competitive in the new landscape of healthcare.

John D. Sheppard, M.D., M.M.Sc., president of Virginia Eye Consultants

VEC is a multi-specialty practice with 11 ophthalmologists and six optometrists who specialize in cornea and glaucoma procedures, cataract surgery, vitreoretinal surgery, uveitis, as well as premium IOLs and YAG capsulotomy. VEC has four clinical locations and an ambulatory surgery center.

"With Virginia Eye Consultants joining CVP, we now offer a dual platform business model to grow ophthalmology practices in the Midwest and the Mid-Atlantic regions," said Clyde Bell, CEO of CVP. "VEC is well established with a strong reputation for providing surgical services in multiple specialties with the highest level of patient care. By partnering with VEC, CVP is able to reach additional markets and expand patient access to top ophthalmologists."

"State-of-the-art surgical and medical eye care delivery will thrive in the hands of practices that embrace change," said John D. Sheppard, M.D., M.M.Sc., president of Virginia Eye Consultants. "Burgeoning technology and our specialty's indefatigable innovative spirit promise continued advances for patients, yet we must prepare to deliver those services in the face of increased regulatory obligations. United as CVP, we are now among the largest groups in the nation and a dual-regional platform venture, pairing like-minded regionally influential practices. We have a team of outstandingly progressive business minds, critical mass creating significant economies of scale, and a growth model for enhanced collaborative clinical excellence. Together as industry leaders, we will forge into a challenging future with certainty and purpose."

CVP is building one of the country's leading ophthalmology management organizations, and the addition of Virginia Eye Consultants will allow CVP to expand in the Mid-Atlantic region. CVP expects to partner with additional ophthalmology practices, regionally and nationally, over the next several months. The company currently has more than 100 industry-leading providers across all major sub-specialties in ophthalmology working in 30 clinical centers and multiple ambulatory surgical centers in Ohio, Kentucky, Indiana, and Virginia.

About CVP
CEI Vision Partners (CVP), is a premier ophthalmology management services organization formed in partnership with Cincinnati Eye Institute, one of the nation's largest ophthalmology practices, and Revelstoke Capital Partners, a Denver-based private equity firm in May 2018. CVP's partner practices feature more than 100 industry-leading providers across all major sub-specialties in ophthalmology and optometry. CVP strives to attract best-in-class physicians and staff and deliver the highest quality eye care in the industry. www.cvphealth.com