It’s supported by Revelstoke Capital Partners.
Ophthalmology practice Cincinnati Eye Institute has launched a a management services organization called CEI Vision Partners with support from Revelstoke Capital Partners, a Denver-based private equity firm.
"For more than 70 years, CEI has been growing as a world-class center of ophthalmic care," said Dr. Robert Foster, chairman of the board at CEI. "Our goal, with the launch of CEI Vision Partners, is to become one of the nation's largest and most comprehensive eye care management companies, delivering the highest level of compassionate patient care and leading the way in vision clinical care, surgery, and research all supported by an innovative and best-in-class management team."
CEI's management team will lead CEIVP's operations.
"We see tremendous growth opportunities by recruiting best-in-class providers, opening new clinical and surgical facilities, expanding our patient care and business support services, and aligning with market-leading provider groups," said Dr. Daniel Miller, chief medical officer at CEI.
Andrew Welch, managing director of Revelstoke, said: "We are very pleased to partner with this group of preeminent physicians and highly experienced management who have worked together for more than a decade to set the standard for medical and surgical eye care in the industry. The formation of CEI Vision Partners is a unique opportunity to leverage CEI's platform and patient care model and accelerate growth through de novo expansion and add-on acquisitions."
The launch of CEI Vision Partners is effective immediately.