VSP Vision Care Acquires Community Eye Care

CEC

RANCHO CORDOVA, Calif., August 27, 2019 – VSP Vision Care has acquired Community Eye Care (CEC), a North Carolina-based vision benefits company that manages vision plans on behalf of employer groups and health insurers and has 252,000 members. Through this acquisition, VSP is expanding its business in the Southeastern region of the U.S. CEC will continue to operate independently to grow its business while both sides assess future integration and expansion opportunities.

“This acquisition is a part of our broader strategy of accelerating membership growth to help fulfill our vision of providing access to affordable, high-quality eye care and eyewear to more people,” said Kate Renwick-Espinosa, president of VSP Vision Care.

“We are excited to grow Community Eye Care with VSP’s support while also remaining focused on what we do best, which is offering affordable vision plans that are easy to understand, administer and use,” said Amy Eatmon, president of Community Eye Care.

CEC was founded in 1998 by Dr. Stephen Pollock, M.D. and Dr. Marvin Schrum, O.D., who saw a need in the marketplace for an uncomplicated vision plan that is easy to administer and use. Over the years, as the company has grown, CEC’s mission has remained the same, which is to offer the simplest vision plan ever designed. CEC’s portfolio of clients includes hospitals, financial institutions, city and county governments, school systems, manufacturers and retailers. 

 

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About VSP Global

VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. Our industry-leading businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for nearly 90 million members through a network of over 40,000 doctors worldwide; Marchon® Eyewear Inc., one of the world’s largest designers, manufacturers and distributors of high-quality eyewear and sunwear; VSP Optics, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the industry leader in practice management and electronic health record software; VSP Retail®, which focuses on increasing access to eye care and eyewear through multiple channels, and VSP® Ventures, which offers care-focused, customized choices for doctors looking to transition their practice.

About Community Eye Care, LLC

Community Eye Care (CEC) is a vision benefits company that administers simple, easy-to-understand vision plans for employer groups. Founded in 1998, we specialize in offering easy-to-use, 12-month plans with a flexible eyewear allowance. We deliver exceptional service, a national network of providers and generous savings to our members. For more information, visit cecvision.com.

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