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03/03/2020

PRISM Vision Group™ Announces Agreement with Newest Partner, The Retina Group of Washington

PRISM Vision Group™ Announces Agreement with Newest Partner, The Retina Group of Washington

UNION, NJ (March 3, 2020) – PRISM Vision Group™, the largest vertically-integrated eyecare services organization in the Mid-Atlantic region, announces an agreement to add its newest partner, The Retina Group of Washington (RGW), the leading provider of retinal and macular care in Washington, D.C., Virginia and Maryland.

“Medicine is changing around us and over the past several years we have seen continued consolidation, particularly in the field of ophthalmology,” said Reginald Sanders, MD, physician partner, RGW. “For the past few years, RGW has explored the idea of strategically aligning with a leading growth-oriented administrative services organization to facilitate integration in our market. After a year-long search, we determined that PRISM Vision Group is the best organization to help us achieve our goals.”

PRISM Vision Group is a physician-led organization with a legacy that goes back for more than 30 years. Its mission is to support practices in providing patients with world-class, comprehensive care while at the same time building an unrivaled practice environment for its network of affiliated physician groups and employees.

Over the last 30 years, RGW has grown to 32 physicians practicing in 17 locations throughout Virginia, Maryland and the District of Columbia, making RGW the largest ophthalmology practice in the U.S. solely dedicated to retinal care.

“RGW has a long legacy of providing high-quality patient care,” stated Steven Madreperla, MD, PhD, President and CEO, PRISM Vision Group. “We are excited to combine our operational expertise with RGW’s talented management team and physician partners who share PRISM Vision Group’s focus on delivering the highest-level of patient care.”

Following the transaction’s close, which is expected before the end of the first quarter, PRISM Vision Group will work closely with RGW’s management team and physicians on strategic initiatives to support integration as well as organic growth, optimizing the network model, enhancing administrative processes and operating efficiencies, investing in clinical technologies and supporting the highest level of patient care.

About PRISM Vision Group™
PRISM Vision Group is the largest, independent ophthalmology and retina administrative services organization in the Mid-Atlantic region. With roots that reach back over 30 years, PRISM Vision Group is a physician-led organization with a mission to support ophthalmology practices in providing patients with world-class, comprehensive care. In addition, PRISM Vision Group has built an unrivaled practice environment for their network of affiliated physician groups and employees. To learn more, visit prismvisiongroup.com.

About The Retina Group of Washington
The Retina Group of Washington (RGW) is the leading provider of retinal and macular care in the Washington, D.C., metropolitan area. With 17 locations throughout Virginia, Maryland and the District of Columbia, RGW is the largest ophthalmology practice in the U.S. solely dedicated to retinal care. The team is comprised of experienced retinal physicians and surgeons, who are both local and national leaders in treating vitreoretinal diseases. To learn more, visit rgw.com.

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