Vision Innovation Partners announced Wednesday that it has acquired Northeastern Eye Institute, the largest and most comprehensive eye care center in Northeast Pennsylvania which has 15 locations and an ambulatory surgery center.
It marked the 18th acquisition for Vision Innovation Partners, which has 50 practice locations and nine surgery centers across Pennsylvania, Maryland, Virginia and Washington, D.C.
In a news release, Vision Innovation Partners announced the acquisition of Northeastern Eye Institute strengthens its presence throughout Pennsylvania and expands its growing network of ophthalmology practices and ambulatory surgery centers in the Mid-Atlantic region.
Dr. Arthur Jordan Jr., one of the founders of Northeastern Eye Institute who practices in its Scranton office, said the practice was established in 1984 with the goal of “providing compassionate and state-of-the-art eye care.”
He said joining forces with Vision Innovation Partners will “further enhance our industry-leading eye care.”
“We continue our dedication to preserving sight and serving our patients with the same compassion and knowledge we were founded on,” Jordan said.
Vision Innovation Partners CEO Michael Dunn said Northeastern Eye Institute has been a “pioneer in comprehensive eye care in Northeastern Pennsylvania since its founding.”
“Their tradition of service and excellence, and their approach to cutting edge eye care technology makes them a perfect partner for our growing platform,” Dunn said.
Vision Innovation Partners is backed by Centre Partners, a private equity firm focused on the health care and consumer sectors.