#United States #Annapolis #Gryphon Investors #Vision Innovation Partners #Eye Care of Delaware

Vision Innovation Partners Expands Its Network

In a strategic move to enhance eye care services for residents in the Mid-Atlantic region, Vision Innovation Partners (VIP) has successfully acquired Eye Care of Delaware, a reputable provider of eye surgery and related treatments. This acquisition marks the 26th addition to VIP's growing family since its inception in 2017 and showcases their commitment to providing top-notch vision care.

A Growing Network in Eye Care

Founded in 1997, Eye Care of Delaware brings a wealth of experience in ophthalmology, serving patients across Delaware and neighboring states. The clinic is equipped with state-of-the-art technology and staffed by highly trained professionals. Their services include cataract surgery, glaucoma treatments, refractive surgery, eyelid reshaping, and retina care. Under the leadership of Medical Director Dr. Jeffrey R. Boyd, the clinic comprises one ophthalmologist, two optometrists, and a skilled support team dedicated to patient care.

Chris Moore, CEO of VIP, expressed enthusiasm regarding the acquisition, stating, "We are delighted to welcome the team at Eye Care of Delaware to the VIP platform. Our goal is to collaborate with practices that not only aim for growth but also maintain a high reputation for delivering exceptional patient outcomes. Dr. Boyd and his team epitomize those values."

Commitment to Excellence

Dr. Boyd also voiced his excitement about joining VIP’s portfolio. He noted, "Eye Care of Delaware is thrilled to become part of the VIP family, which aligns with our mission to provide advanced treatments while fostering a caring environment for our patients. With VIP's strategic resources, we are set to enhance our services further and better cater to our community's vision care needs."

VIP, backed by Gryphon Investors, a renowned middle-market private investment firm, has swiftly become a strong contender in the eye care industry. The firm focuses on supporting top-tier ophthalmology practices and surgery centers throughout the Mid-Atlantic.

A Leader in Vision Care

VIP's robust portfolio now encompasses over 150 providers and boasts 68 locations, including 12 surgery centers across key states like Maryland, Washington D.C., Virginia, Pennsylvania, and now Delaware. The integration of Eye Care of Delaware is poised to not only broaden VIP's reach but also to enhance the level of care provided.

Vision Innovation Partners has established itself as a leader in managed services for ophthalmology since its establishment, underlining its commitment to improving patient health and vision. The company provides a full spectrum of ophthalmic services—from routine eye exams to complex procedures and treatments for conditions like cataracts and glaucoma.

Strong Investment Backing

At the heart of VIP's strategy is Gryphon Investors, which manages over $10 billion in assets and focuses on building leading companies in sectors ranging from healthcare to technology. Gryphon's operational expertise complements VIP’s goals, ensuring that the acquired practices thrive and deliver exceptional patient care.

With the acquisition of Eye Care of Delaware, VIP continues to strengthen its position as a premier eye care provider. The move not only showcases the company's growth trajectory but also reflects its ongoing dedication to enhancing vision care access and quality across the region.

In conclusion, this acquisition solidifies VIP's vision of offering cutting-edge treatments and services tailored to the needs of the communities it serves, ultimately leading to improved patient outcomes and healthier lives.