Mid Atlantic Retina

What Mid Atlantic Retina does

Mid Atlantic Retina is a physician-owned private medical practice founded in 1974 by Dr. William Tasman (originally as Retinovitreous Associates, Ltd.) that provides specialized vitreoretinal care across the Mid-Atlantic region. The practice operates 22 clinical locations across Pennsylvania, New Jersey, and Delaware, anchored by its principal faculty position at the Wills Eye Hospital Retina Service in Philadelphia — one of the nation's top-ranked eye hospitals. Approximately 30 board-certified retina specialists deliver medical, surgical, and diagnostic services for conditions including age-related macular degeneration, diabetic retinopathy, retinal detachment, macular holes, and uveitis, supplemented by two Centers of Excellence (AMD and Diabetic Retinopathy) and a pediatric retina service.

The practice's core technology stack centers on advanced retinal diagnostic and imaging equipment used to evaluate and treat complex vitreoretinal disease, with physician partners holding US patents for vitreoretinal surgical devices and instrumentation. Beyond direct patient care, the group operates an active clinical trials program serving as principal investigators for pharmaceutical and device sponsors developing new retinal therapeutics, contributing to a research output exceeding 1,000 peer-reviewed publications and multiple medical textbooks. Patient-facing infrastructure includes the MyPatientVisit portal and InstaMed online bill pay for intake and collections.

The business model is a hybrid fee-for-service medical practice plus ancillary clinical research revenue. Patient care revenue flows from insurance billing and self-pay across a long-tail individual patient base, with referrals from general ophthalmologists and primary care physicians serving as the primary acquisition channel. The practice supplements this base with sponsored clinical trial fees and Wills Eye Hospital faculty affiliations that reinforce referral density and reputational positioning. The practice is physician-partner-owned with no disclosed external private equity, venture, or corporate ownership.

Name

Mid Atlantic Retina

Legal name

Mid Atlantic Retina

Website

https://midatlanticretina.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

Mid Atlantic Retina is a physician-owned private vitreoretinal care practice with 30 board-certified specialists across 22 locations in Pennsylvania, New Jersey, and Delaware, serving referred and self-referred patients with complex retinal diseases from the Wills Eye Hospital Retina Service.

Ownership category

akta.pro rank

Product category

Ophthalmology and Retinal Care Services

NAICS

Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Retina & Vitreous Specialists (HLAKAKAE)

akta.pro secondary industry

Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN)

Keywords

• Retinal care services
• Vitreoretinal surgery
• Ophthalmology services
• Retinal diagnostics
• Macular degeneration treatment

Headquarters

HQ city

Plymouth Meeting

HQ country

United States

HQ region

North America

Offices22 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Fee-for-service medical care delivery including examinations, diagnostic procedures, treatments, and surgeries for retinal diseases. Revenue generated through insurance billing and patient payments.
2. Clinical Research: Revenue from conducting clinical trials as principal investigators for pharmaceutical and device companies developing new retinal treatments and therapies

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Mid Atlantic Retina is a multi-location private ophthalmology practice that delivers comprehensive medical and surgical retina care, including diagnosis, medical management, and surgical treatment of retinal diseases such as macular degeneration, diabetic retinopathy, retinal detachment, macular holes, and uveitis. The practice operates through 22 clinic locations in Pennsylvania, New Jersey, and Delaware, anchored by principal faculty appointments at Wills Eye Hospital, and also conducts clinical research trials for new retinal therapies.

Product overview

Mid Atlantic Retina is a unified multi-location retina care practice offering comprehensive medical and surgical retina treatment services. The practice operates through a network of 22 locations across Pennsylvania, New Jersey, and Delaware, providing diagnostic services, surgical procedures, and specialized Centers of Excellence for Age-Related Macular Degeneration and Diabetic Retinopathy. The practice also conducts clinical research trials and provides patient access through an online portal and bill pay system. Services are delivered by a team of approximately 30 board-certified retina specialists who are faculty members at Wills Eye Hospital.

Differentiator

Problem solved

Functional benefit

Products and services

• Retina Care and Treatment Services Comprehensive medical and surgical retina care for adult and pediatric patients with retinal conditions including retinal detachment, age-related macular degeneration, diabetic retinopathy, macular holes, retinal tears, uveitis, and other vitreoretinal diseases. Delivered by approximately 30 board-certified retina specialists across 22 clinic locations in PA, NJ, and DE.
• Retinal Procedures Surgical and non-surgical retinal procedures including retinal detachment surgery, laser treatments, intravitreal injections, and other vitreoretinal surgical interventions.
• Retinal Diagnostics Advanced diagnostic imaging and testing services using specialized retinal imaging equipment for accurate diagnosis and ongoing monitoring of retinal conditions.
• Age-Related Macular Degeneration Center of Excellence Specialized center dedicated to the diagnosis and treatment of age-related macular degeneration (AMD), staffed by nationally recognized retina experts.
• Diabetic Retinopathy Center of Excellence Specialized center for diabetic eye disease treatment, pioneering many current standard-of-care treatments for diabetic retinopathy.
• Clinical Trials and Research Active participation in clinical research and trials investigating new treatments for retinal diseases including age-related macular degeneration and diabetic retinopathy, with physicians serving as principal investigators for pharmaceutical and device companies.

Quantifiable outcome

• Over 1,000 articles in peer-reviewed medical journals authored by physicians
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Retinal and Ophthalmic ConsultantscoreStrategic or Co-development Partner · 1 August 2025Major merger combining Retinal and Ophthalmic Consultants with Mid Atlantic Retina in August 2025. Dr. Brett Foxman, Dr. Scott Foxman, Dr. Thomas Margolis and Dr. Daniel Connors joined the practice, continuing to treat patients at the Northfield, Vineland and Cape May Court House locations. This expanded the practice's footprint in southern New Jersey.
• Wills Eye HospitalcoreStrategic or Co-development PartnerPrincipal faculty members of the Retina Service at Wills Eye Hospital, the nation's first eye hospital which perennially ranks as one of the top eye hospitals in the nation. Wills Eye is recognized by leading professional organizations and societies in medicine, ophthalmology, and retina care subspecialty both nationally and around the globe.
• American Academy of Ophthalmology (AAO)minorOthersProfessional society affiliation for retina specialists; members participate in AAO educational programs, conferences, and certification
• American Society of Retina Specialists (ASRS)minorOthersProfessional society affiliation for retina specialists; members serve on boards, committees, and participate in ASRS programs and annual meetings
• Association for Research in Vision and Ophthalmology (ARVO)minorOthersProfessional research organization; physicians participate in vision research conferences and publish research

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Retina Consultants of America: PE-backed roll-up platform aggregating leading retina specialty practices across the US. Directly comparable as a large multi-state retina practice network and a primary competitive threat for talent and acquisition targets in the same specialty.
• Wills Eye Hospital: The principal hospital affiliation of Mid Atlantic Retina and a perennial top-ranked eye hospital. Not a direct competitor, but the practice's brand and clinical pipeline are deeply tied to this institution, making it a key comparable for academic ophthalmology positioning.
• EyeCare Partners: PE-backed national ophthalmology and optometry platform that aggregates specialty and general eye care practices. Comparable as a scaled, well-capitalized competitor in the same ophthalmology space, though broader in scope than pure retina.

Direct peers

• Retina Associates: A well-established multi-physician retina specialty practice in the Southwest offering medical and surgical retina care with clinical research involvement. Comparable as a peer multi-physician retina group practice.
• California Retina Consultants: Large multi-physician retina specialty practice on the West Coast with active clinical research, fellowship training, and Centers of Excellence. Directly comparable in scale, specialty focus, and academic/research positioning.
• Tennessee Retina: Multi-physician retina specialty practice in the Southeast with active clinical research and fellowship training. Comparable as an independent regional retina group of similar scale and academic engagement.
• New England Retina Associates: Multi-physician retina specialty practice serving the New England region with both clinical care and clinical research. Comparable as a peer independent, multi-physician retina group.
• Associated Retinal Consultants: A large multi-physician retina specialty practice in the Midwest with academic affiliations, clinical research programs, and multiple locations. Directly comparable as a physician-owned retina practice of similar scale and academic reputation.

Regional players

• Retina Specialty Institute: A multi-physician retina specialty group concentrated in the Southeast US with clinical research involvement. Comparable as a regional retina specialty group, though operating in a different geography than Mid Atlantic Retina.

Others

• Snyder Center for Comprehensive Aesthetic: Not a peer. (Placeholder removed.)

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/midatl_retina
• Facebookfacebook.com/midatlanticretina
• LinkedInlinkedin.com/company/mid-atlantic-retina

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Mid Atlantic Retina