Philadelphia Eye Associates
Philadelphia Eye Associates is a private, multi-location ophthalmology and optometry practice founded in 1979, serving Philadelphia-area patients with cataract surgery, LASIK/PRK, EVO ICL, keratoconus and glaucoma care, oculoplastic services, and in-house optical retail, operating as a division of Vantage EyeCare.
- Company typePrivate
- Founded1979
- HeadquartersPhiladelphia, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Philadelphia Eye Associates does
Philadelphia Eye Associates is a private, multi-location ophthalmology and optometry practice founded in 1979 and headquartered at 1930 South Broad Street in Philadelphia, with three additional offices in Port Richmond, Center City (at Wills Eye Hospital), and Northeast Philadelphia. The practice delivers a comprehensive mix of medical, surgical, refractive, and optical eye care to patients across all age groups in the Philadelphia metro, with particular focus on cataract surgery (including a distinctive office-based, IV-free surgical suite with dropless protocols), topography-guided LASIK/PRK using the Alcon Wavelight Refractive Suite with Contoura Vision, EVO ICL implantation, refractive lens exchange, corneal crosslinking and CTAK for keratoconus, MIGS and SLT for glaucoma, oculoplastic/cosmetic procedures, and management of macular degeneration, diabetic eye disease, and dry eye. Surgical and diagnostic capability is supported by seven physicians, including fellowship-trained subspecialists in cornea, refractive surgery, glaucoma, and oculoplastics, several of whom hold teaching and leadership roles at Wills Eye Hospital and Thomas Jefferson University.
The practice generates revenue through three principal streams: insurance-reimbursed professional services (cataract surgery with monofocal IOLs, medical eye disease management, routine exams), self-pay elective refractive procedures (LASIK at $2,500/eye, EVO ICL at $4,250/eye, premium IOLs not covered by insurance, RLE, PRK, CXL at $1,600), and retail sales from in-house optical shops at the South Broad and Allegheny locations. Financing for elective procedures is provided through PatientFi. The practice operates as a division of Vantage EyeCare, one of the region's largest comprehensive eye care and surgical networks, and accesses tertiary-level cases via its co-location at Wills Eye Hospital. Its go-to-market is direct-to-consumer: patients self-refer or are referred by primary care and optometrists, and are acquired through the practice's website (with LASIK and cataract self-assessment tools), blog content, Google reviews, and Facebook/Instagram presence.
Philadelphia Eye Associates firmographics
Firmographics- Name
- Philadelphia Eye Associates
- Legal name
- Philadelphia Eye Associates
- Website
- https://phillyeye.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Philadelphia Eye Associates is a private, multi-location ophthalmology and optometry practice founded in 1979, serving Philadelphia-area patients with cataract surgery, LASIK/PRK, EVO ICL, keratoconus and glaucoma care, oculoplastic services, and in-house optical retail, operating as a division of Vantage EyeCare.
- Ownership category
- akta.pro rank
Philadelphia Eye Associates industry classification
Industry- Product category
- Ophthalmology and Optometry Services
- NAICS
- Offices of Optometrists (62132), Offices of Optometrists (621320), Optical Goods Retailers (45613)
- SIC
- Ophthalmic Goods (3851)
- akta.pro primary industry
- Comprehensive Eye Exams & Vision Care (HLAKAKAA)
- akta.pro secondary industries
- Cornea, External Disease & Refractive Surgery (LASIK/PRK) (HLAKAKAF), Optical Dispensing & Eyewear Retail (Glasses/Frames/Lenses) (HLAKAKAL), Retina & Vitreous Specialists (HLAKAKAE)
Keywords
Where Philadelphia Eye Associates is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Philadelphia Eye Associates business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Medical and Surgical Eye Care Services: Revenue from comprehensive ophthalmology and optometry services including office visits, diagnostic testing, medical management of eye conditions (glaucoma, diabetic eye disease, macular degeneration), and surgical procedures (cataract surgery, LASIK, corneal procedures)
- Optical Shop Sales: Revenue from in-house optical shops at South Broad Street and Allegheny Avenue locations selling frames, lenses (single vision, bifocals, progressives), sunglasses, and specialty lenses
- Refractive Surgery Fees: Self-pay elective procedures including LASIK ($2,500/eye), PRK, EVO ICL ($4,250/eye), refractive lens exchange, with financing options available through PatientFi
- Insurance Reimbursements: Revenue from major insurance carriers for covered medical services including cataract surgery, eye exams, and treatment of medical eye conditions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | All-Laser Custom LASIK: $2,500 per eye / $5,000 total |
| One time/ perpetual license | Pay-as-you-go | EVO ICL: $4,250 per eye |
| One time/ perpetual license | Pay-as-you-go | Corneal Crosslinking: $1,600 |
| One time/ perpetual license | Pay-as-you-go | Premium IOLs (Toric, Multifocal, EDOF, Light Adjustable Lens) |
| Other | Monthly | Financing through PatientFi |
| Subscription | Pay-as-you-go | Standard Monofocal IOL Cataract Surgery |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Philadelphia Eye Associates product offering
Product offeringCore offering
Philadelphia Eye Associates is a comprehensive ophthalmology and optometry practice delivering medical, surgical, refractive, and optical eye care. Core offerings include cataract surgery (including a distinctive office-based IV-free surgical suite), laser vision correction (LASIK/PRK with Contoura Vision topography-guided system), EVO ICL implantation, refractive lens exchange, corneal crosslinking, glaucoma management, and oculoplastic/cosmetic procedures. In-house optical shops at select locations sell frames, lenses, and specialty eyewear, while routine vision exams support both primary care and surgical patient pipelines.
Product overview
Philadelphia Eye Associates is a comprehensive ophthalmology and optometry practice established in 1979, providing medical, surgical, refractive, and optical eye care across four Philadelphia locations. The practice operates as a unified portfolio of interconnected services centered on its core surgical offerings: cataract surgery (including innovative office-based IV-free procedures), LASIK/PRK using Contoura Vision topography-guided technology with the Alcon Wavelight Refractive Suite, EVO ICL implantation for high myopia, and refractive lens exchange. Subspecialty services include cornea care (crosslinking, CTAK, transplantation), glaucoma management (including MIGS), keratoconus treatment, cosmetic/oculoplastic surgery, dry eye treatment, macular degeneration care, and diabetic eye care. The practice also operates in-house optical shops for eyewear, supported by routine and medical eye exams across all patient age groups.
Differentiator
Problem solved
Functional benefit
Products and services
- Cataract Surgery Surgical removal of cataracts with intraocular lens (IOL) implantation, offered in both traditional hospital and office-based settings. Includes a range of IOL options (monofocal, toric, multifocal, and extended depth of focus lenses) for patients with age-related or clinically significant cataracts.
- Office-Based (IV-Free) Cataract Surgery Distinctive cataract surgery performed in the practice's accredited in-office surgical suite using oral sedation instead of IV, eliminating needles and supporting dropless post-operative care with same-day discharge for suitable cataract patients.
- LASIK and PRK (Contoura Vision) Topography-guided laser vision correction using the Alcon Wavelight Refractive Suite with Contoura Vision technology, measuring 22,000 corneal elevation points for customized corneal reshaping. All-laser LASIK and PRK procedures for nearsightedness, farsightedness, and astigmatism correction in patients aged 18-80+.
- EVO ICL (Implantable Collamer Lens)
Quantifiable outcome
- Over 95% of patients with nearsightedness and astigmatism can achieve 20/20 vision with Contoura Vision LASIK
- +4 more outcomes
Companies that use Philadelphia Eye Associates
Customer profileSegments5 records
Ideal customer profiles5 records
Philadelphia Eye Associates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Philadelphia Eye Associates partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Vantage EyeCarecorePhiladelphia Eye Associates operates as a division of Vantage EyeCare, one of the region's largest comprehensive eye care and surgical networks. This integration provides scale benefits, shared resources, and alignment with a broader eye care network.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
Philadelphia Eye Associates competitors and assessment
Company assessmentDirect peers
- LasikPlus: National LASIK-focused chain with similar self-pay refractive pricing and consumer marketing model; competes for the same elective vision correction patient segment that drives PEA's refractive revenue.
- NVISION Eye Centers: National refractive surgery chain offering LASIK, PRK, ICL, and cataract surgery across multiple states; directly comparable on technology platform (topography-guided LASIK), premium IOL portfolio, and self-pay refractive pricing model.
- TLC Laser Eye Centers: Long-established national LASIK chain with comparable refractive surgery offerings and patient self-pay model; competes for vision correction candidates with similar technology positioning (custom LASIK, premium lens options).
- Kremer Eye Center: Philadelphia-based ophthalmology practice with strong refractive surgery (LASIK) focus, directly competing in the same Philadelphia market for self-pay vision correction patients and serving the same regional cataract patient base.
Regional players
- Woolfson Eye Institute: Atlanta-based comprehensive ophthalmology and refractive surgery practice offering LASIK, cataract surgery with premium IOLs, and cornea services; comparable in service breadth and physician-driven model, but operating in the Southeast U.S.
- Princeton Eye Group: New Jersey-based comprehensive ophthalmology and optometry practice offering cataract surgery, LASIK, glaucoma, and retina care; comparable multi-specialty physician group serving an adjacent Mid-Atlantic market with similar patient demographics.
- Barnet Dulaney Perkins Eye Center: Arizona-based comprehensive eye care group offering LASIK, cataract surgery with premium IOLs, and oculoplastic services under a multi-physician model; comparable service portfolio and integrated optical shop strategy, but operating in a different regional market.
- Mann Eye Institute: Texas-based comprehensive ophthalmology practice with strong refractive surgery (LASIK), cataract, and oculoplastic service lines under a multi-physician model; comparable in scope, technology adoption, and self-pay revenue mix, though serving a different region.
Broad incumbents
- EyeSouth Partners: PE-backed comprehensive eye care platform aggregating regional ophthalmology practices across the U.S.; operates as a network roll-up model comparable to PEA's Vantage EyeCare affiliation, serving the same physician partnership and acquisition thesis.
- Wills Eye Hospital: Premier academic eye hospital in Philadelphia where Philadelphia Eye Associates operates a consultation office; broader incumbent providing tertiary ophthalmology care, residency training, and complex case referrals that overlap with PEA's specialty services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Philadelphia Eye Associates social profiles
Digital presencePhiladelphia Eye Associates financial estimates
Financial estimateRevenue estimate
Valuation estimate
Philadelphia Eye Associates leadership team
Management profileNumber of profiles
Profiles8 records
Philadelphia Eye Associates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Philadelphia Eye Associates M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Philadelphia Eye Associates
What does Philadelphia Eye Associates do?
Philadelphia Eye Associates is a comprehensive ophthalmology and optometry practice delivering medical, surgical, refractive, and optical eye care. Core offerings include cataract surgery (including a distinctive office-based IV-free surgical suite), laser vision correction (LASIK/PRK with Contoura Vision topography-guided system), EVO ICL implantation, refractive lens exchange, corneal crosslinking, glaucoma management, and oculoplastic/cosmetic procedures. In-house optical shops at select locations sell frames, lenses, and specialty eyewear, while routine vision exams support both primary care and surgical patient pipelines.
Is Philadelphia Eye Associates a public or private company?
Philadelphia Eye Associates is a private company. It is classified as corporate owned and is currently operating.
When was Philadelphia Eye Associates founded?
Philadelphia Eye Associates was founded in 1979. It employs 11 to 50 people.
Where is Philadelphia Eye Associates based?
Philadelphia Eye Associates is headquartered in Philadelphia, United States, in the North America region.
How does Philadelphia Eye Associates make money?
Four revenue lines are on record. Medical and Surgical Eye Care Services are the primary driver. The others are optical Shop Sales, refractive Surgery Fees and insurance Reimbursements.
Who are Philadelphia Eye Associates's main competitors?
Direct peers on record are LasikPlus, NVISION Eye Centers, TLC Laser Eye Centers and Kremer Eye Center. Regional players are Woolfson Eye Institute, Princeton Eye Group, Barnet Dulaney Perkins Eye Center and Mann Eye Institute. Broad incumbents are EyeSouth Partners and Wills Eye Hospital.
Does Philadelphia Eye Associates have an API?
No public API is recorded for Philadelphia Eye Associates.
What industry is Philadelphia Eye Associates in?
Philadelphia Eye Associates's product category is Ophthalmology and Optometry Services. Its primary akta.pro industry code is HLAKAKAA, Comprehensive Eye Exams & Vision Care, with a secondary code of HLAKAKAF, Cornea, External Disease & Refractive Surgery (LASIK/PRK). Its NAICS code is 62132 and its SIC code is 3851.