Memorial Eye Institute

What Memorial Eye Institute does

Memorial Eye Institute is a multi-specialty ophthalmology practice and AAAHC-certified outpatient eye surgery center serving Central Pennsylvania from two locations: a Harrisburg headquarters at 4100 Linglestown Rd and a Camp Hill office at 4407 Carlisle Pike. Founded over 40 years ago and claiming status as Central Pennsylvania's first vision correction center, the practice operates under the Vision Innovation Partners network and is staffed by eight named clinicians spanning cataract/refractive surgery, glaucoma, retina and ocular oncology, comprehensive ophthalmology, and optometry. Its clinical portfolio covers all-laser LASIK (WaveLight FS200 flap creation paired with ALLEGRETTO WAVE excimer treatment), PRK, laser blended vision, ICL, refractive lens exchange, standard and femtosecond-assisted premium cataract surgery with multifocal/toric IOLs, MIGS and filtration glaucoma surgery, SLT, retinal injections/laser/surgery, dry eye care, optical retail, and aesthetic treatments such as botulinum toxin injections and eyelid procedures.

The practice is equipped with advanced diagnostic imaging (OCT, Pentacam corneal topography, WaveLight Topolyzer, fluorescein angiography, Optos California ultra-widefield retinal imaging, specular microscopy, HD Analyzer, visual field) and supports its surgical volume through the AAAHC-certified on-site surgery center. Patient acquisition runs through a sales-led plus direct-to-consumer mix: free LASIK and cataract suitability self-tests, free in-person and virtual consultations, online booking, an optometric and physician referral pathway, and promotional campaigns (including seasonal LASIK discounts and ABC News media features). Patient financing is facilitated via CareCredit (up to 24 months deferred interest), Alphaeon Credit, and HSA/FSA acceptance.

Revenue is generated across four streams: surgical procedures (LASIK, PRK, standard and premium cataract surgery, refractive lens exchange, ICL) on a per-procedure basis, medical and routine eye exams billed to insurance/Medicare with separate non-covered refraction fees ($60-$65), optical product sales from the in-house Optical Center (glasses, contact lens fittings at $60-$200), and financing-adjacent transaction flow through CareCredit and Alphaeon. The practice markets horizontally across six patient use cases — refractive correction, cataract, glaucoma, retinal disease, dry eye, and general ophthalmology — with refractive and cataract as the primary segments.

Name

Memorial Eye Institute

Legal name

Memorial Eye Institute

Website

https://memorialeye.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Memorial Eye Institute is a multi-specialty ophthalmology practice and AAAHC-certified eye surgery center operating two locations in Harrisburg and Camp Hill, Pennsylvania, delivering LASIK, cataract, glaucoma, retina, optical, and aesthetic eye care to Central Pennsylvania consumers.

Ownership category

akta.pro rank

Product category

Ophthalmology Services

NAICS

Offices of Physicians (62111), Offices of Optometrists (62132), Diagnostic Imaging Centers (621512), Optical Goods Retailers (456130)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093), Ophthalmic Goods (3851)

akta.pro primary industry

Ophthalmology Clinics (Medical & Surgical Eye Care) (HLAKAKAC)

akta.pro secondary industries

Ophthalmology Surgery Centers (HLAFAIAF), Retina & Vitreous Specialists (HLAKAKAE), Vision & Ophthalmic Diagnostic Centers (Optometry/OCT/Retinal Imaging) (HLAFAKAI)

Keywords

• Ophthalmology services
• LASIK eye surgery
• Cataract surgery
• Retinal disease treatment
• Glaucoma management

Headquarters

HQ city

Harrisburg

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Surgical Procedures: Primary revenue from surgical procedures including LASIK, PRK, standard and premium cataract surgery, refractive lens exchange, and implantable collamer lenses (ICL). Revenue generated through one-time procedures with optional premium upgrades.
2. Medical and Routine Eye Exams: Comprehensive eye examinations, glaucoma evaluations, retina evaluations, and diagnostic testing. Billed to insurance/Medicare for medical exams; refraction services billed separately as non-covered service.
3. Optical Products: Glasses, contact lenses, optical shop services, and specialty lenses. Revenue from optical products and contact lens fittings.
4. Financing Services: Partnership with CareCredit and Alphaeon Credit for patient financing. Interest-free financing up to 24 months for LASIK procedures.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Memorial Eye Institute is a multi-specialty ophthalmology practice and AAAHC-certified outpatient eye surgery center that diagnoses and treats eye conditions and performs surgical vision correction. Core offerings include LASIK, PRK, Laser Blended Vision, ICL, and refractive lens exchange; standard and premium (femtosecond-assisted) cataract surgery; glaucoma management (MIGS, filtration surgery, SLT); retinal disease treatment; dry eye and ocular surface care; routine eye exams; optical retail; and aesthetic eye treatments. The practice serves Central Pennsylvania patients across two office locations in Harrisburg and Camp Hill.

Product overview

Memorial Eye Institute operates as a multi-specialty ophthalmology practice offering a comprehensive portfolio of eye care products and surgical services. The core surgical offerings include vision correction procedures (LASIK, PRK, Laser Blended Vision, ICL, and Lens Replacement) and cataract services (Standard and Premium Cataract Surgery). Supporting specialties cover glaucoma management (MIGS, filtration surgery, SLT), retinal treatment, dry eye care, and diagnostic imaging. The practice also provides optical retail services (glasses, contact lenses, low vision) and aesthetic treatments. Premium Cataract Surgery represents an upgraded tier offering femtosecond-assisted surgery with multifocal or toric lens implants, while LASIK utilizes an all-laser platform with femtosecond flap creation and excimer laser treatment. All services are delivered through their dedicated AAAHC-certified surgery center.

Differentiator

Problem solved

Functional benefit

Products and services

• LASIK All-laser LASIK vision correction procedure using femtosecond laser flap creation and WaveLight ALLEGRETTO WAVE excimer corneal reshaping with wavefront-guided custom planning to correct myopia, hyperopia, and astigmatism in adult patients seeking reduced glasses/contact lens dependence.
• PRK (Photorefractive Keratectomy) Surface ablation laser procedure that removes the epithelium and applies laser energy to the corneal surface, providing an alternative to LASIK for patients with thin corneas or higher prescriptions.
• Laser Blended Vision Presbyopia-focused laser correction procedure designed to reduce dependence on reading glasses by creating a blend of near and distance vision in each eye for adults over 40 with presbyopia.
• Implantable Collamer Lenses (ICL) Phakic intraocular lens implant placed in front of the natural lens for high-prescription or non-LASIK candidates, achieving vision correction without corneal reshaping.
• Lens Replacement (Refractive Lens Exchange) Surgical procedure replacing the natural lens with a monofocal, multifocal, or accommodating IOL to correct presbyopia, hyperopia, myopia, and astigmatism while preventing future cataract development.
• Standard Cataract Surgery Outpatient cataract removal using high-frequency ultrasound (phacoemulsification) to break apart the cloudy lens, followed by replacement with an acrylic intraocular lens implant, typically covered by Medicare/insurance.
• Premium Cataract Surgery Femtosecond-assisted cataract surgery combined with premium IOLs (multifocal, accommodating, or toric) to reduce or eliminate glasses dependence while correcting cataracts, astigmatism, and presbyopia in a single procedure.
• Glaucoma Surgery (MIGS) Minimally invasive glaucoma surgical procedures designed to lower intraocular pressure with fewer complications than traditional filtration surgery for open- or narrow-angle glaucoma patients.
• Glaucoma Filtration Surgery Traditional trabeculectomy-style pressure-lowering surgery for advanced glaucoma cases requiring substantial intraocular pressure reduction.
• SLT (Selective Laser Trabeculoplasty) Laser treatment to reduce intraocular pressure in glaucoma patients by improving aqueous humor outflow through the trabecular meshwork.
• Retinal Treatment Comprehensive medical and surgical retinal care including injections, laser treatment, cryotherapy, and surgery for diabetic retinopathy, macular degeneration, retinal detachment, and related conditions, with Optos UWF retinal imaging and fluorescein angiography support.
• Dry Eye Treatment Medical management of dry eye disease and ocular surface optimization, including integration into pre-surgical planning for cataract and refractive patients.
• The Optical Center In-house optical retail providing prescription glasses, contact lenses, specialty contact lens fittings, and low-vision consultations for patients and walk-in customers.
• Routine Vision Exams Comprehensive eye examinations covering routine vision assessments and medical eye care, with a separate refraction fee billed as a non-covered service.
• Aesthetic Treatments Cosmetic eye-area procedures including botulinum toxin injections and eyelid treatments for patients seeking aesthetic enhancement of the periorbital area.
• Tests and Diagnostics Advanced diagnostic imaging services including OCT, corneal topography and tomography (Pentacam, WaveLight Topolyzer), fluorescein angiography, visual field testing, specular microscopy, HD Analyzer, and Optos UWF retinal imaging for surgical planning and disease monitoring.

Quantifiable outcome

• 99.5% of LASIK patients achieve at least 20/40 vision
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Vision Innovation PartnerscoreStrategic or Co-development PartnerPart of the Vision Innovation Partners network with collaboration across a wider optometric network. Parent company providing practice management, billing systems (Vision Innovation Partners billing system), and operational support.
• American Academy of Ophthalmology (AAO)minorStrategic or Co-development PartnerProfessional membership organization for ophthalmologists. Providers maintain active memberships and certifications.
• American Society of Cataract and Refractive Surgery (ASCRS)minorStrategic or Co-development PartnerProfessional surgical society for cataract and refractive surgeons. Providers maintain active memberships.
• American College of SurgeonsminorStrategic or Co-development PartnerProfessional surgical organization. Dr. Levin is a Fellow of the American College of Surgeons.
• Pennsylvania Medical SocietyminorStrategic or Co-development PartnerState medical society providing professional support and advocacy for Pennsylvania physicians.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mann Eye Institute: Houston-area multi-specialty ophthalmology practice and ASC offering LASIK, cataract surgery, glaucoma, retina, and optical retail — a near-identical service mix and care-delivery model to Memorial Eye Institute across two locations.
• TLC Laser Eye Centers: National refractive surgery chain focused on LASIK and PRK with branded technology platforms and financing partnerships; competes directly with Memorial for self-pay refractive patients in Central Pennsylvania.
• Kremer Eye Center: Mid-Atlantic multi-specialty ophthalmology practice with LASIK, cataract, glaucoma, and cornea services operating across multiple Pennsylvania-area locations — closely comparable geography and service portfolio to Memorial.
• LASIK Plus: Multi-location US refractive surgery chain providing all-laser LASIK with financing options; competes with Memorial on cash-pay refractive price points and technology differentiation.
• Barnet Dulaney Perkins Eye Center: Southwest US multi-specialty ophthalmology platform (part of American Vision Partners) offering LASIK, cataract, retina, and optical retail; operates under an analogous PE-rollup structure to Memorial Eye Institute.
• Woolfson Eye Institute: Atlanta-based multi-specialty ophthalmology practice combining LASIK, cataract, cornea, and glaucoma services with a regional ASC and optical shop; matches Memorial's procedural breadth and patient mix.
• Dello Russo Laser Vision: Northeast regional multi-specialty ophthalmology practice focused on LASIK, cataract, and refractive surgery across multiple locations; directly comparable to Memorial in scale and service mix.

Broad incumbents

• Alcon: Global leader in ophthalmic surgical equipment (e.g., LenSx femtosecond cataract platform) and IOLs, supplying Memorial's technology stack; broad incumbent across the same procedural category though not a direct clinical competitor.
• Bausch + Lomb: Large ophthalmic pharma/devices manufacturer offering surgical equipment, IOLs, contact lenses, and pharmaceutical dry-eye products relevant to Memorial's cataract, optical, and dry-eye services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/memorialeye2020
• Facebookfacebook.com/MemorialEyeInstitute

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memorial Eye Institute