CVP Extends Its Growing National Ophthalmology Network With Addition of Three New Partner Practices

CINCINNATI—CVP, a management group for ophthalmology practices formed in 2018 by the partnership between Cincinnati Eye Institute and Revelstoke Capital Partners, has expanded its platform in the Midwest and Mid-Atlantic regions by adding three partner practices: Columbus Ophthalmology Associates (COA); Valley Eye Institute near Dayton, Ohio, and Virginia Beach Eye Center. The CVP organization (previously known as CEI Vision Partners) now includes a network of nine partner practices, according to an announcement this week. The terms of the news partnership affiliations were not disclosed.

CVP partner practices and their affiliated providers are currently based in Ohio, Kentucky, Indiana, and Virginia, with other regional and national partnerships now in discussion which are expected to add significantly to the growing network of more than 144 providers, 40 clinical centers, and eight ambulatory surgical centers.

CVP is building one of the country's leading ophthalmology management services organizations by bringing best-in-class operations, marketing, and patient experience expertise to partner practices working at the forefront of life-changing advances in eyecare, the announcement noted. Its network aligns the efforts of many physicians operating in all ophthalmic subspecialties around a singular vision: transformative eyecare.

Among its newest partner practices, Columbus Ophthalmology Associates (COA) joined CVP in December, adding four physicians and four optometrists with specialties in glaucoma, cataract surgery, cornea, and refractive surgery.

“The collaboration with Columbus Ophthalmology Associates is an opportunity for CVP to extend its services to a new market in central Ohio,” Clyde Bell, chief executive officer of CVP, said in this week’s announcement. "COA and its doctors have a great reputation in Columbus and the practice will anchor CVP's future growth in that market and allow our patients even greater access to quality eyecare."

COA started more than 30 years ago as a single physician practice and has grown to include two state-of-the-art offices in Columbus and Dublin, Ohio, and was the first practice in the region to develop an eye-specific ambulatory surgery center.

Valley Eye Institute, which joined the CVP organization earlier in 2020, operates clinics in Piqua, Troy and Bellefontaine, Ohio, as well as an ambulatory surgery center in Sidney, Ohio. Valley Eye Institute helps CVP bring world-class eyecare to even more patients in the Midwest.

Additionally, CVP grew in the Mid-Atlantic region with the addition of Virginia Beach Eye Center. Virginia Beach Eye Center (VBEC) joined with Virginia Eye Consultants to serve CVP's patients in the Mid-Atlantic. VBEC has two ophthalmologists and one optometrist serving patients in the subspecialties of cataract, cornea, and comprehensive ophthalmology.

The expanding CVP network leverages the professional resources of Cincinnati Eye Institute in the Midwest, Virginia Eye Consultants in the Mid-Atlantic, and the capital resources and expertise of Revelstoke Capital Partners, to identify and fund growth initiatives that would not be available to a single practice working on its own, the announcement noted.

In addition, CVP said it is one of the country's fastest-growing networks of ophthalmology practices.