Eyecare Medical

What Eyecare Medical does

Eyecare Medical Group (EMG) is a private, physician-owned multi-subspecialty ophthalmology practice headquartered in Portland, Maine, operating two clinic locations (Sewall Street and Stroudwater Crossing) and an AAAHC-certified ambulatory eye surgery center that is Medicare and State of Maine licensed. The practice delivers comprehensive eye care across cataract surgery, LASIK and refractive surgery (including EVO ICL), glaucoma management, retina care (including anti-VEGF injection therapy), cornea services (including transplantation), oculoplastic surgery, and a dedicated Dry Eye Center for Excellence, supported by an on-site optical shop. Technology infrastructure includes femtosecond and excimer lasers for refractive surgery, phacoemulsification systems for cataract surgery, and advanced diagnostic imaging such as Optical Coherence Tomography (OCT) and fluorescein angiography.

The practice is staffed by nine board-certified ophthalmologists and optometrists with fellowship training from institutions including Bascom Palmer Eye Institute, Yale Eye Center, and Mount Sinai, and was the first to bring laser vision correction to Maine in the 1990s. Revenue is generated primarily through insurance-based professional fees for medical and surgical ophthalmic services (cataract surgery, LASIK, retina procedures, cornea transplants), supplemented by retail optical sales from the on-site optical shop. The go-to-market model is sales-led, relying on referrals from a regional network of community optometrists, self-referred patients, patient testimonials, online reviews, and community sponsorships. Patient acquisition is anchored in long-term physician relationships, co-managed care with referring optometrists, and a multichannel patient engagement strategy spanning the practice website, Facebook and Instagram, Google Reviews, and digital tools including a LASIK self-test and online patient portal.

Name

Eyecare Medical

Legal name

Eyecare Medical Group

Website

https://eyecaremed.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Eyecare Medical Group is a physician-owned multi-subspecialty ophthalmology practice in Portland, Maine, delivering cataract, LASIK, retina, glaucoma, cornea, oculoplastic, and dry eye care through two clinic locations and an AAAHC-certified ambulatory surgery center, serving patients across southern Maine.

Ownership category

akta.pro rank

Product category

Ophthalmology Services

NAICS

Offices of Physicians (62111), Offices of Optometrists (621320), Optical Goods Retailers (456130)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Ophthalmic Goods (3851)

akta.pro primary industry

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

akta.pro secondary industries

Cornea, External Disease & Refractive Surgery (LASIK/PRK) (HLAKAKAF), Ophthalmology Surgery Centers (HLAFAIAF), Optometry Clinics (Primary Eye Care) (HLAKAKAB), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN)

Keywords

• Ophthalmology practice
• Cataract surgery
• LASIK vision correction
• Retina care
• Dry eye treatment

Headquarters

HQ city

Portland

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, Supply Chain

Revenue model

1. Ophthalmic Medical and Surgical Services: EMG generates revenue through comprehensive ophthalmic medical services including examinations, diagnostic testing, and surgical procedures. The practice accepts all major insurance carriers and Medicare. Revenue is derived from professional fees for medical eye care, surgical procedures (cataract surgery, LASIK, retina procedures, cornea transplants), and optical shop sales (eyeglasses, frames, sunglasses).
2. Optical Shop Retail: On-site optical shop provides prescription eyewear including eyeglass frames, prescription and non-prescription sunglasses, reading glasses, and sports frames, generating retail revenue from frame sales and lens fabrication.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Eyecare Medical Group is a multi-subspecialty ophthalmology practice delivering comprehensive medical and surgical eye care across cataract, LASIK/refractive, retina, cornea, glaucoma, dry eye, and oculoplastic services. The practice operates two Portland, Maine clinic locations alongside an AAAHC-certified ambulatory eye surgery center, supported by an on-site optical shop and advanced diagnostic imaging (OCT, fluorescein angiography). Revenue is generated from professional medical and surgical fees (including insurance and Medicare reimbursements) and optical retail sales of prescription eyewear and frames.

Product overview

Eyecare Medical Group is a multi-subspecialty ophthalmology practice offering comprehensive eye care through a unified platform of surgical and diagnostic services. The core portfolio centers on cataract surgery (with premium IOL options), LASIK and laser vision correction, glaucoma management, retina services, cornea care, and dry eye treatment. These clinical services are supported by on-site diagnostic imaging (OCT, fluorescein angiography), an optical shop, and a patient portal. The practice operates an AAAHC-certified ambulatory surgery center for outpatient procedures. Services are delivered through fellowship-trained subspecialists in Portland and Saco, Maine, with a collaborative care model working alongside community optometrists.

Differentiator

Problem solved

Functional benefit

Products and services

• Cataract Surgery Advanced cataract surgery using phacoemulsification and intraocular lens (IOL) implantation with a no-patch no-shot technique, including premium IOL options such as refractive lens exchange for patients seeking to reduce glasses dependence. Performed in the AAAHC-certified ambulatory eye surgery center for adult and senior patients in southern Maine.
• LASIK Surgery Laser vision correction using femtosecond laser flap creation and excimer laser corneal reshaping to treat nearsightedness, farsightedness, and astigmatism. Eyecare Medical Group was the first practice to bring laser vision correction to Maine in the 1990s and offers an online LASIK self-test for candidacy screening.
• Glaucoma Management Diagnosis and ongoing medical management of glaucoma including intraocular pressure monitoring, optic nerve imaging, visual field testing, and integration of minimally invasive glaucoma surgery (MIGS) combined with cataract surgery for adult patients at risk for or diagnosed with glaucoma.
• EVO ICL (Implantable Collamer Lens) Implantable Collamer Lens procedure for correcting nearsightedness and astigmatism. The EVO lens is placed behind the iris and in front of the natural lens, provides UV protection, and is designed to be permanent but reversible, offering an alternative to LASIK for refractive error patients.
• Dry Eye Center for Excellence Dedicated dry eye program providing comprehensive evaluations, tear-film and gland function assessment, and customized treatment plans for chronic and complex dry eye disease including meibomian gland dysfunction and ocular surface conditions. Led by optometric specialist Dr. Katherine Hill, OD with fifteen-plus years of dry eye experience.
• Retina Services Medical and surgical retina care for macular degeneration, diabetic retinopathy, retinal vascular occlusions, retinal detachment, macular hole, and macular pucker. Includes intravitreal anti-VEGF injection therapy (Avastin, Eylea, Lucentis), laser photocoagulation, and vitreoretinal surgery delivered by fellowship-trained retina specialists.
• Cornea Services Medical and surgical cornea care including corneal transplantation (penetrating keratoplasty, DMEK, DSAEK, DALK), treatment of corneal infections, Fuchs' dystrophy, keratoconus, pterygium, and corneal collagen cross-linking. Provided by fellowship-trained cornea specialists.
• Oculoplastic Surgery Eyelid, orbital, and periocular surgery for functional and cosmetic indications including treatment of eyelid drooping (ptosis), malposition, skin cancers, lesions, tearing disorders, blepharoplasty, and brow lifts. Performed by board-certified, fellowship-trained oculoplastic and orbital surgeon Dr. Natan Kahn, MD.
• Optical Shop On-site optical shop at the Portland clinic providing prescription eyeglasses, designer fashion frames, prescription and non-prescription sunglasses, reading glasses, and sports frames, with assistance from skilled opticians integrating eyewear dispensing with physician-prescribed care.

Quantifiable outcome

• 90%+ of patients with new blood vessel formation maintain vision with monthly anti-VEGF injections
• +3 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered supporting, core and minor.

• SharecaresupportingTechnology or IntegrationEMG has partnered with Sharecare to fulfill patient requests for medical records. Patients and third-party requesters can submit records requests through Sharecare's online portal, with responses typically within 3 business days.
• Community Optometrist NetworkcoreChannel Partner/ Reseller/ DistributorEMG works closely with a regional network of community optometrists who provide primary eye care and refer patients for subspecialty ophthalmological needs. Strong collaborative relationships enable coordinated care and smooth referrals before and after surgical interventions.
• Dempsey ChallengeminorGTM or Marketing PartnerEMG provides community sponsorships for the Dempsey Challenge, a regional charitable event, demonstrating commitment to local community involvement.
• Local Pride EventsminorGTM or Marketing PartnerEMG sponsors local Pride events in the Maine community as part of its community involvement and outreach efforts.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LasikPlus: Largest U.S. provider of laser vision correction with many center locations. Comparable to EMG on LASIK/laser refractive procedures; differs in being a single-procedure chain rather than a full multi-subspecialty practice.
• Maine Eye Center: Direct local competitor based in Portland, Maine. Multi-subspecialty ophthalmology practice offering cataract, glaucoma, retina, and refractive services in the same southern Maine market where Eyecare Medical Group operates.
• Vance Thompson Vision: Doctor-owned multi-subspecialty ophthalmology practice offering LASIK, cataract, cornea, glaucoma, and oculoplastic services at multiple U.S. locations. Closely analogous model to EMG in subspecialty breadth, surgical focus, and physician-ownership structure.
• NVISION Eye Centers: Multi-location ophthalmology group offering cataract, LASIK, glaucoma, cornea, and retina services with on-site optical. Comparable in delivering refractive and cataract surgery across multiple sites, though at a larger regional scale than EMG.
• TLC Laser Eye Centers: Multi-location laser vision correction provider offering LASIK, PRK, and cataract services. Comparable to EMG on laser vision correction offerings, though narrower in subspecialty scope.
• Center For Sight: Doctor-owned multi-subspecialty ophthalmology group offering cataract, LASIK, oculoplastics, retina, and glaucoma services in multiple states. Closely analogous subspecialty breadth and physician-ownership structure to EMG.

Broad incumbents

• EyeCare Partners: Large PE-backed ophthalmology and optometry consolidator operating multi-subspecialty practices, ASCs, and optical retail across many states. Comparable in service breadth but at vastly greater scale; competes for talent and patients in regional markets.
• EyeSouth Partners: PE-backed physician services organization focused on ophthalmology, including medical/surgical retina, cataract, glaucoma and oculoplastics. Directly comparable subspecialty mix to EMG but operates a multi-state partnership model rather than a single independent practice.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/eyecaremedicalgroup
• Instagraminstagram.com/emgmaine
• LinkedInlinkedin.com/company/eyecare-medical-group

Compliance5 records

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 Eyecare Medical