Health Network One acquires managed eye care provider Premier Eye Care

Health Network One, a portfolio company of H.I.G. Capital, has acquired US-based managed eye care provider Premier Eye Care for an undisclosed price.

Established in 1993, Premier Eye Care is a specialty benefit manager for optometry as well as ophthalmology. It works with health plans to streamline care across optometry and ophthalmology benefits to help provide healthcare and medical outcomes via its network of more than 20,000 in-house clinical specialists and eye care providers.

Lorna Taylor — Premier Eye Care CEO said: “Since launching Premier in 1993, clinical quality and exceptional service have been at the core of what we do every day.

“Health Network One will be a true strategic partner, allowing us to maintain Premier’s focus while also growing our customer base and provider networks.”

Health Network One acquires American managed eye care provider Premier Eye Care. Photo courtesy of Paul Diaconu from Pixabay.

Apart from enhancing medical outcomes and access to care, Premier Eye Care is said to use value-based care solutions for providing cost-effective eyecare services to close to two million covered lives. The managed eye care provider has a provider network in 37 states in the US.

Luis Mosquera — Health Network One CEO said: “We are excited to welcome Premier into the Health Network One family. Its focus on providing cost-effective access to high quality healthcare creates a natural fit with Health Network One’s own value-based solutions.

“Premier’s clinical expertise in ophthalmology and optometry services, along with its robust provider network, greatly enhances our existing eyecare business. The acquisition presents an exciting opportunity to work collectively with the entire Premier management team to best serve our provider network, our health insurance partners, and their patients and members.”

Health Network One alongside its affiliates is a specialty benefit manager for various specialties such as physical, occupational, and speech therapy, vision and ophthalmology, dermatology, gastroenterology, urology, and podiatry.