Spectrum Vision Partners’ OCLI Announces Seventh Affiliation: Long Island Eye CareMay 22, 2019
OCLI, a Spectrum Vision Partners managed practice, announced today that it will be adding the respected eye care team of Michael Sable, MD, Barry Fisherman, MD, Edward Baron, MD and James Kelly, MD, of Long Island Eye Care (“LIEC”). LIEC is the seventh affiliation of Spectrum Vision Partners’ managed practices since November 2017, when Spectrum Vision Partners announced its strategic relationship with the growth-oriented, private equity firm Blue Sea Capital. 24 eye doctors and 12 locations have been added across the affiliates, expanding the leading network of nationally renowned, multi-specialty ophthalmologists and optometrists in the Tri-State region.
Dr. Michael Sable, along with the other doctors of LIEC, have built a respected practice known for state-of-the-art technology, a wide range of services and personalized care. Partnering with OCLI will allow the practice to further improve care and expand its patient services.
“This is an exceptional opportunity,” noted Michael Sable, MD. “As part of the OCLI group, Long Island Eye Care and our patients will benefit from maintaining the care they have come to expect from me and my colleagues, with the additional expertise of a leading management services organization within the ophthalmology sector.”
Eric Donnenfeld, MD, OCLI, expressed his excitement to welcome LIEC into the OCLI group, “Long Island Eye Care has served the community with integrity and innovation over many years. Our joint endeavors will allow even more patients to have access to world-class eye care.”
Tom Burke, CEO of Spectrum Vision Partners, commented, “Our company is excited to once again strengthen the OCLI practice hub with the addition of the Long Island Eye Care team. They share our passion for achieving high-quality outcomes, while delivering an outstanding patient experience. Spectrum will continue to assist OCLI to build centers of eye care excellence, with the best and brightest clinicians we can attract. I look forward to future partnerships with the community of eye care providers who recognize OCLI’s long history of transparent business transactions and focus on excellence, coupled with Spectrum’s proven ability to support leading physicians in achieving their long-term goals.”
Spectrum Vision Partners administratively supports the growth and management of leading ophthalmology practices and eye ambulatory surgery centers in the Tri-State area. In addition to OCLI, managed practices include Island Eye Surgicenter, Ophthalmic Consultants of Connecticut (“OCC”), New Vision Cataract Center, Glaucoma Associates of Long Island, Precision Eye Care, Huntington Eye Care and Eye Institute of New York. In the past 18 months, Spectrum Vision Partners has nearly doubled in size to more than 700 employees. The organization offers its network of multi-specialty ophthalmologists a complete range of business services and recently relocated to a new corporate office in order to provide improved customer service.
About Long Island Eye Care
Long Island Eye Care has been entrusted by families on Long Island and in the New York City metro region for the past 22 years. Using over 100 years of combined experience, the LIEC doctors provide comprehensive ophthalmic care including general eye care, cataract and complex cataract surgery (including premium intraocular lens and laser cataract surgery), refractive surgery, diagnosis and treatment of glaucoma and neuro-ophthalmology. LIEC’s world-class physicians and staff are committed to providing patients with a superior level of care in a friendly and personalized environment, always aiming to provide each patient with an optimal ophthalmology and cataract surgery experience.
Founded in 1997, OCLI (www.ocli.net) is one of the leading ophthalmology practices in the United States. OCLI boasts 19 state-of-the-art medical facilities across Manhattan, Nassau and Suffolk counties, housing the most advanced technology available, to offer patients a variety of ophthalmic services and treatments. OCLI is led by 38 highly skilled eye surgeons in each major sub-specialty of eye care, providing comprehensive eye care services, including treatment for cataracts, corneal disease, refractive surgery, glaucoma, oculoplastics, retinal disease and neuro ophthalmology. OCLI also employs eight Doctors of Optometry, three Physician Assistants and one NYS Licensed Aesthetician.
About Spectrum Vision Partners
Spectrum Vision Partners (www.spectrumvisionpartners.com) is a leading management services organization serving the ophthalmology sector, based in Garden City, NY. Spectrum Vision Partners has over 700 employees, providing world-class practice management solutions to a network of nationally renowned, multi-specialty ophthalmologists in the New York, New Jersey and Connecticut Tri-State region. The Spectrum platform consists of 23 clinic locations, two State Licensed Ambulatory Centers and 62 surgeons, doctors and other medical professionals. Spectrum Vision Partners provides a comprehensive set of business support functions, including revenue cycle management, ASC development, marketing, financial and accounting services, human resources including doctor and staff recruiting and benefits and payroll management and information systems management.
Blue Sea Capital (www.blueseacapital.com) is a private equity firm based in West Palm Beach, Florida, that invests in growth-oriented lower middle market companies with EBITDA of up to $30 million. The firm has $1.4 billion in committed capital and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.