Precision Eye Group
Precision Eye Group is a family-owned optometry practice operating four locations in northeastern Pennsylvania that delivers comprehensive eye exams, specialty treatments including dry eye IPL therapy, and eyewear products to adult, senior, pediatric, and chronic-condition patient segments.
- Company typePrivate
- Founded2020
- HeadquartersHonesdale, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Precision Eye Group does
Precision Eye Group is a family-owned optometry practice operating four office locations in northeastern Pennsylvania (Carbondale, Dingmans Ferry, Honesdale, and Lake Ariel). The practice provides comprehensive optometric services including adult, senior, pediatric, and diabetic eye examinations; specialty contact lens fittings (scleral, prosthetic, hybrid, RGP); dry eye management using FDA-approved OptiLight IPL therapy and adjunctive modalities; myopia control for children; ocular disease diagnosis and management covering glaucoma, macular degeneration, diabetic retinopathy, and cataracts; emergency eye care; and laser vision correction consultations. The practice also sells prescription frames, lenses, and contact lenses through in-office optical retail with an in-house finishing lab at the flagship Honesdale location.
The underlying technology platform is multi-modality diagnostic instrumentation: Optos ultra-widefield retinal imaging, optical coherence tomography (OCT), visual field perimetry, electroretinography (ERG), fundus photography, corneal topography, Oculus Keratograph 5M, iCare tonometry, Tear Lab osmolarity testing, dark adaptometry, and digital refraction systems. Cloud-based electronic medical records (Eyefinity) are unified across all four sites, enabling seamless patient transfer. Revenue is generated through fee-for-service eye exams, insurance-reimbursed medical eye care, one-time optical and contact lens product sales, and recurring therapeutic treatment series (notably dry eye IPL). The customer base is entirely consumer/patient-facing, segmented across adults, seniors, children, and condition-specific cohorts (diabetic, dry eye, specialty contact lens wearers). The practice serves as a regional hub, accepting appointments via online booking and walk-ins at select locations, with marketing driven primarily by local community reputation and digital presence.
Precision Eye Group firmographics
Firmographics- Name
- Precision Eye Group
- Legal name
- Precision Eye Group
- Website
- https://peg2020.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Precision Eye Group is a family-owned optometry practice operating four locations in northeastern Pennsylvania that delivers comprehensive eye exams, specialty treatments including dry eye IPL therapy, and eyewear products to adult, senior, pediatric, and chronic-condition patient segments.
- Ownership category
- akta.pro rank
Precision Eye Group industry classification
Industry- Product category
- Optometric Eye Care Services
- NAICS
- Offices of Optometrists (62132), Optical Goods Retailers (45613), Offices of Optometrists (621320)
- SIC
- Ophthalmic Goods (3851)
- akta.pro primary industry
- Optometry Clinics (Primary Eye Care) (HLAKAKAB)
- akta.pro secondary industries
- Comprehensive Eye Exams & Vision Care (HLAKAKAA), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN), Optical Dispensing & Eyewear Retail (Glasses/Frames/Lenses) (HLAKAKAL), Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions) (HLAHAJAE), Optical Dispensing & Eyewear Devices (Frames, Lenses, Lens Edging/Finishing Equipment) (HLAHAJAD)
Keywords
Where Precision Eye Group is headquartered
LocationHeadquarters
- HQ city
- Honesdale
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Precision Eye Group 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
- Eye Exams and Consultations: Comprehensive eye examinations for adults, seniors, and children including ocular wellness screenings using advanced diagnostic imaging technology.
- Medical Eye Care Services: Treatment and management of eye diseases including dry eye therapy, glaucoma care, diabetic eye exams, cataract management, macular degeneration monitoring, emergency eye care, and myopia control.
- Optical Products (Frames and Lenses): Sale of prescription eyewear including frames from designer brands and specialty lenses including progressive lenses, Transitions, and Trivex lenses. Each location features an optical with the latest styles.
- Contact Lens Products: Sale of contact lenses including daily disposables, specialty lenses, and medical/scleral lenses. Online ordering available through practice website.
- Dry Eye Treatment Therapy: Therapeutic treatments including IPL therapy (OptiLight), BlephEx, TearCare, punctal plugs, medicated eye drops, and other dry eye solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard eye exam services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Precision Eye Group product offering
Product offeringCore offering
Precision Eye Group is a family-owned optometric practice providing comprehensive eye care services across four locations in northeastern Pennsylvania. The practice delivers routine and specialty eye examinations, diagnosis and management of ocular diseases (dry eye, glaucoma, macular degeneration, diabetic retinopathy), specialty contact lens fittings, advanced dry eye therapies including FDA-approved IPL, myopia control for children, emergency eye care, and prescription eyewear/contact lens products with in-house lens finishing.
Product overview
Precision Eye Group is a family-owned eye care practice operating across four locations in Pennsylvania (Carbondale, Dingmans Ferry, Honesdale, and Lake Ariel) offering a comprehensive range of eye care services. The practice provides core eye exam services (Adult & Senior Eye Exams, Children's Eye Exams, Diabetic Eye Exams), specialty services (Dry Eye Treatment with OptiLight IPL therapy, Specialty & Medical Contact Lenses including scleral and prosthetic lenses, Myopia Control, Eye Disease Diagnosis & Management), eyewear products (Frames & Lenses, Sunglasses), and consultation services (Emergency Eye Care, Laser Eye Surgery Consultation). The practice leverages advanced diagnostic technology including OCT, visual field testing, fundus photography, corneal topography, and ocular wellness screening to deliver technology-driven eye care. The Honesdale flagship location features a state-of-the-art 5,000+ square foot facility with in-house finishing lab, while all locations utilize cloud-based electronic medical records for seamless patient transfers.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- OptiLight IPL therapy backed by more than 58 clinical studies for dry eye management
- +1 more outcomes
Companies that use Precision Eye Group
Customer profileSegments6 records
Ideal customer profiles4 records
Precision Eye Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature14 records
Precision Eye Group partnerships and signals
Strategic signalScale indicators3 records
Recent moves9 records
Expansion highlights6 records
Precision Eye Group competitors and assessment
Company assessmentDirect peers
- EyeCare Partners: PE-backed optometry and ophthalmology platform operating hundreds of clinics across the U.S. Highly comparable as a multi-location optometry group practice model that has scaled via acquiring independent practices and adding specialty services — the same growth playbook PEG is executing in northeastern PA.
- MyEyeDr. Multi-state optometry group practice with hundreds of locations offering comprehensive eye exams, eyewear, and contact lenses. Direct competitor in the multi-location optometry practice model, with comparable services including specialty contact lens fittings and disease management.
- AEG Vision: Private equity-backed optical and optometry practice consolidator operating across multiple U.S. states. Comparable as a roll-up of independent optometry practices that preserves local brand identity while adding specialty services, technology, and back-office infrastructure.
- Clarkson Eyecare: Regional optometry group practice with multiple locations offering comprehensive eye exams, medical eye care, and eyewear. Comparable in offering integrated optometry plus optical retail across multiple sites in a defined geographic region.
- Nationwide Vision: Multi-location optometry practice group primarily serving Arizona and surrounding states. Comparable as a regional optometry platform offering comprehensive exams, medical eye care, and eyewear across multiple clinic locations.
Broad incumbents
- Warby Parker: Direct-to-consumer eyewear brand that has expanded into brick-and-mortar retail with eye exam services. Overlaps with PEG on eyewear retail and eye exam services, though Warby Parker's core model is DTC and vertically integrated rather than independent practice-based.
- LensCrafters: National optical retail chain owned by EssilorLuxottica offering eye exams, prescription eyewear, and contact lenses across hundreds of U.S. locations. Comparable in offering one-stop eye exam and eyewear services, though operates at much larger scale with standardized retail format.
- Pearle Vision: National optical chain offering eye exams, frames, and lenses across franchise and corporate locations. Comparable business model combining optometric services with eyewear retail at multi-site locations.
- Visionworks: National optical retailer offering eye exams, prescription eyewear, and contact lenses across hundreds of U.S. stores. Comparable service mix including insurance-accepting eye exams and in-store optical dispensing.
Regional players
- Medical Eye Center: Independent multi-doctor optometry/ophthalmology practice serving southern Oregon. Comparable as a multi-location, technology-forward regional eye care practice combining medical eye care, specialty services, and optical retail.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Precision Eye Group social profiles
Digital presencePrecision Eye Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Eye Group leadership team
Management profileNumber of profiles
Profiles9 records
Precision Eye Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Eye Group 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 Precision Eye Group
What does Precision Eye Group do?
Precision Eye Group is a family-owned optometric practice providing comprehensive eye care services across four locations in northeastern Pennsylvania. The practice delivers routine and specialty eye examinations, diagnosis and management of ocular diseases (dry eye, glaucoma, macular degeneration, diabetic retinopathy), specialty contact lens fittings, advanced dry eye therapies including FDA-approved IPL, myopia control for children, emergency eye care, and prescription eyewear/contact lens products with in-house lens finishing.
Is Precision Eye Group a public or private company?
Precision Eye Group is a private company. It is classified as family owned and is currently operating.
When was Precision Eye Group founded?
Precision Eye Group was founded in 2020. It employs 11 to 50 people.
Where is Precision Eye Group based?
Precision Eye Group is headquartered in Honesdale, United States, in the North America region.
How does Precision Eye Group make money?
Five revenue lines are on record. Eye Exams and Consultations are the primary driver. The others are medical Eye Care Services, optical Products (Frames and Lenses), contact Lens Products and dry Eye Treatment Therapy.
Who are Precision Eye Group's main competitors?
Direct peers on record are EyeCare Partners, MyEyeDr., AEG Vision, Clarkson Eyecare and Nationwide Vision. Broad incumbents are Warby Parker, LensCrafters, Pearle Vision and Visionworks. Medical Eye Center is listed as a regional player.
Does Precision Eye Group have an API?
No public API is recorded for Precision Eye Group.
What industry is Precision Eye Group in?
Precision Eye Group's product category is Optometric Eye Care Services. Its primary akta.pro industry code is HLAKAKAB, Optometry Clinics (Primary Eye Care), with a secondary code of HLAKAKAA, Comprehensive Eye Exams & Vision Care. Its NAICS code is 62132 and its SIC code is 3851.