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VSP Vision Care Acquires iCare Health Solutions

iCare’s management team will remain in place.

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RANCHO CORDOVA, CA – VSP Vision Care has acquired iCare Health Solutions, a specialty network and administrator of ocular care services.

It bought the organization from Pine Tree Equity Partners. Financial terms of the deal were not disclosed.

iCare Health Solutions’ management team members will continue in their roles and the company will operate independently, according to a press release.

“As Florida’s largest integrated eye care provider, iCare Health Solutions further strengthens our presence in the Southeast through their exceptional delivery of patient-centered care for health plans and their members,” said Kate Renwick-Espinosa, president of VSP Vision Care. “Together, we remain committed to preserving and enhancing the relationship between doctors and their patients.”

More from the release:

Founded nearly 40 years ago, iCare Health Solutions specializes in comprehensive eye care management, combining routine eye care, medical eye care, and surgical care to maximize efficiency and deliver improved health outcomes. Through partnerships with health plans and multi-specialty clinics, the company serves nearly three million members through a robust network of optometrists and ophthalmologists, including nearly 60 held practices and ambulatory surgical centers throughout Florida.

“With VSP’s support, we’ll continue our work to simplify vision care delivery while offering more opportunities to our providers and expanded services to our members,” said Lee Stern, CEO of iCare Health Solutions. “We’re excited to help more people see better, feel better and live healthier lives.”

About VSP Global

At VSP Global®, our purpose is to empower human potential through sight. As the first and only national not-for-profit vision benefits company, this is what drives everything we do. For more than 65 years, VSP has been the leader in health-focused vision care. Every day, the people that power our complementary businesses (VSP® Vision Care, Marchon® Eyewear, Inc., Visionworks®, Eyefinity®, Eyeconic®, VSP Optics, and VSP Ventures) work together to create a world where everyone can bring their best vision to life. That means providing affordable access to eye care and eyewear for more than 80 million members through a network of more than 39,000 doctors. And it means expanding access to vision care to those disadvantaged by income, distance, or disaster. Through VSP Eyes of Hope®, more than 3.3 million people in need have received no-cost eye care and eyewear. Learn more about how we’re reinvesting in greater vision, health, and opportunities for all at vspglobal.com.

About iCare Health Solutions

iCare Health Solutions is a managed ocular health organization that contracts with health plans and multi-specialty clinics to deliver comprehensive ocular solutions through its network of optometrists and ophthalmologists. For more than 30 years, the company has met the challenges of the ever-changing health care landscape to transform the way ocular health is delivered to help more people see better, feel better, and live healthier lives. Learn more at www.myicarehealth.com

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