Prism Vision Group Continues Mid-Atlantic Expansion With Acquisition of Central Maryland Eye Associates

19 Apr.,2023

 

NEW PROVIDENCE, N.J.—

The terms of the transaction were not disclosed. Prism Vision Group is a portfolio company of the private equity firm

“We are very excited to continue to expand further in our DMV market and Central Maryland Eye Associates is a great addition to our network,” Steven Madreperla, MD, PhD, president and CEO of Prism Vision Group, said in the announcement. “The physicians of CMEA are award-winning clinicians dedicated to providing the best clinical care while truly caring for their patients. This culture compliments Prism’s vision to be America’s premier, independent, integrated eyecare organization.”

Prism Vision Group includes one of the largest networks of retinal care providers in the U.S., according to the announcement. The organization includes 80 locations, 150 providers and more than 1,100 employees throughout New Jersey, Pennsylvania, Delaware, Virginia, Maryland and the District of Columbia.

It is a physician-led organization with a mission to support ophthalmology practices in providing patients with world-class, comprehensive eyecare and an unrivaled practice environment.

NEW PROVIDENCE, N.J.— Prism Vision Group , one of the larger vertically integrated eyecare service organizations on the East Coast, said this week that it has acquired Central Maryland Eye Associates (CMEA), a full-service, family-focused eye and vision practice in Maryland. The four-physician practice, with locations in Frederick and Rockville, Md., have over 40 years of combined experience in providing a wide range of services, including routine eyecare, laser vision correction, cataract surgery, retina care and glaucoma, according to the Prism announcement.The terms of the transaction were not disclosed. Prism Vision Group is a portfolio company of the private equity firm Quad-C Management , according to the investment group's website. The initial investment dates to 2018.“We are very excited to continue to expand further in our DMV market and Central Maryland Eye Associates is a great addition to our network,” Steven Madreperla, MD, PhD, president and CEO of Prism Vision Group, said in the announcement. “The physicians of CMEA are award-winning clinicians dedicated to providing the best clinical care while truly caring for their patients. This culture compliments Prism’s vision to be America’s premier, independent, integrated eyecare organization.”Prism Vision Group includes one of the largest networks of retinal care providers in the U.S., according to the announcement. The organization includes 80 locations, 150 providers and more than 1,100 employees throughout New Jersey, Pennsylvania, Delaware, Virginia, Maryland and the District of Columbia.It is a physician-led organization with a mission to support ophthalmology practices in providing patients with world-class, comprehensive eyecare and an unrivaled practice environment.

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