Mattax-Neu-Prater Eye Center

What Mattax-Neu-Prater Eye Center does

Mattax-Neu-Prater Eye Center is a physician-owned ophthalmology and optometry practice headquartered in Springfield, Missouri, founded in 1998 by four ophthalmologists (James B. Mattax Jr., Leo T. Neu III, Kenneth W. Neu, and Thomas G. Prater) with formal operations commencing in 1999 after acquiring a local retiring practice. The group operates five facilities across Southwest Missouri—Springfield (main office with an on-site state-licensed, Medicare-certified, and AAAHC-accredited surgery center), Monett, Lebanon, Branson, and Mountain Grove (through a partnership with Moore Family Eyecare)—and is staffed by 8 ophthalmologists and 3 optometrists providing comprehensive medical and surgical eye care.

The clinical offering spans advanced vision correction (LASIK, PRK, monovision, lens replacement/refractive lens exchange), cataract surgery with premium intraocular lenses (multifocal, toric, and the RxSight Light Adjustable Lens), glaucoma management including interventional options such as the iDose TR implant and MIGS procedures (iStent, Ahmed Shunt, Kahook Dual Blade, Xen Gel Stent), as well as cornea care (including transplantation), dry eye, diabetic retinopathy, macular degeneration, oculoplastic/eyelid surgery, and a full-service optical shop. Diagnostic and surgical technology includes iDesign Advanced WaveScan Studio System (wavefront-derived 3D eye mapping marketed as derived from James Webb Space Telescope technology), iFS and VISX excimer lasers, Orbscan corneal topography, and WaveScan WaveFront imaging.

Revenue is generated through professional fees for medical and surgical services, cash-pay elective procedures (LASIK, premium IOLs), and retail optical sales. Pricing is quote-based and not publicly disclosed; financing is facilitated through CareCredit, and FSA/HSA accounts are accepted. The practice serves a regional consumer patient base in Southwest Missouri, with cataract and refractive surgery as primary volume drivers; physicians collectively have performed more than 26,000 LASIK procedures since inception. The business remains private and physician-owned, with no disclosed institutional capital or external equity sponsorship.

Name

Mattax-Neu-Prater Eye Center

Legal name

Mattax Neu Prater Eye Center

Website

https://mattaxneuprater.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Mattax-Neu-Prater Eye Center is a physician-owned ophthalmology and optometry practice in Southwest Missouri operating five locations with 8 ophthalmologists, 3 optometrists, and a Medicare-certified on-site surgery center, delivering LASIK, cataract, glaucoma, and comprehensive eye care services to regional patients.

Ownership category

akta.pro rank

Product category

Ophthalmology and Optometry Services

NAICS

Offices of Optometrists (62132), Offices of Optometrists (621320), Optical Goods Retailers (45613)

SIC

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

akta.pro primary industry

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

akta.pro secondary industries

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

Keywords

• Ophthalmology services
• Laser vision correction
• Cataract surgery
• Glaucoma treatment
• Comprehensive eye care

Headquarters

HQ city

Monett

HQ country

United States

HQ region

North America

Offices5 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. Medical/Surgical Services: Revenue from surgical procedures including LASIK, cataract surgery, glaucoma treatment, cornea procedures, and other ophthalmic surgeries performed at the on-site surgery center
2. Comprehensive Eye Care: Revenue from routine eye exams, diagnostic services, and ongoing patient care provided by ophthalmologists and optometrists
3. Optical/Retail: Revenue from prescription eyewear, frames, lenses, sunglasses, contact lenses, and optical accessories sold through the on-site optical shop
4. Premium IOL/Lifestyle Lenses: Additional revenue from advanced technology replacement lenses (multifocal, toric, Light Adjustable Lens) that may not be covered by standard insurance/Medicare

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Mattax-Neu-Prater Eye Center is a multi-location ophthalmology and optometry practice that delivers comprehensive medical, surgical, and optical eye care services to patients across Southwest Missouri. Its core offerings include advanced laser vision correction (LASIK, PRK), cataract surgery with premium intraocular lens implants, glaucoma and retina management, cornea and oculoplastic surgery, plus an on-site optical retail shop and Medicare-certified outpatient surgery center.

Product overview

Mattax Neu Prater Eye Center is a premier ophthalmology and optometry practice offering a comprehensive suite of eye care services across Southwest Missouri. The practice operates as a single unified care platform centered on surgical vision correction and disease management. Core surgical offerings include LASIK and PRK laser vision correction, cataract surgery with advanced technology replacement lenses (multifocal, toric, and Light Adjustable Lens), lens replacement/refractive lens exchange, and monovision correction. The practice provides specialized medical services for glaucoma (including iDose TR interventional surgery and MIGS), diabetic retinopathy, macular degeneration, cornea conditions (including transplants), and eyelid surgery. Supporting services include a full-service optical shop with designer eyewear, contact lens services, and a Medicare-certified on-site surgery center. The practice also offers patient portal access and financing through CareCredit.

Differentiator

Problem solved

Functional benefit

Products and services

• LASIK Laser Vision Correction Advanced laser vision correction procedure that reshapes the cornea using precise laser technology to improve how eyes focus light, reducing or eliminating need for glasses or contact lenses. Uses iFS laser, iDesign 3D mapping, and VISX excimer laser. Intended for adult patients seeking visual freedom.
• PRK (Photorefractive Keratectomy) Laser vision correction procedure that reshapes the surface of the cornea without creating a corneal flap, suitable for patients with thinner corneas or specific corneal conditions.
• Cataract Surgery Outpatient surgical procedure that removes the clouded lens and implants an artificial replacement lens (IOL). Same-day procedure takes approximately 15 minutes with immediate vision improvement.
• Lens Replacement / Refractive Lens Exchange Surgical procedure that removes the eye's natural lens and replaces it with an artificial intraocular lens (IOL) to reduce dependence on glasses, treating presbyopia and vision errors before significant cataracts develop.
• Glaucoma Treatment & Management Comprehensive glaucoma care including medication, Interventional Glaucoma Surgery (IGS) with iDose TR implant, Minimally-Invasive Glaucoma Surgery (MIGS) options (iStent, Ahmed Shunt, Kahook Dual Blade, Xen Gel Stent), laser surgery, and trabeculectomy.
• Diabetic Retinopathy Treatment Treatment including laser treatment (scatter laser/panretinal photocoagulation for PDR, laser for DME) and vitrectomy surgery for advanced cases with hemorrhage or tractional retinal detachment.
• Macular Degeneration (AMD) Treatment Treatment for both dry AMD (AREDS/AREDS2 nutritional supplements) and wet AMD (Anti-VEGF injections including Lucentis, Eylea, or Avastin) administered in-office.
• Cornea Care & Corneal Transplant Comprehensive cornea services including management of ocular surface tumors, corneal topography, pterygium surgery, dry eye treatment, complex cataract surgery, refractive surgery, eye banking and corneal transplant coordination. Treats conditions including Fuchs' dystrophy, keratoconus, corneal scarring, and infections.
• Eyelid Surgery (Oculoplastics) Eyelid surgery procedures including blepharoplasty (eyelid lift), tarsal repair (eyelid reconstruction), and ptosis repair (drooping eyelid correction) for both cosmetic and functional concerns.
• Dry Eye Treatment Comprehensive dry eye diagnosis and treatment including prescription eye drops (Restasis), punctal plugs, nutraceutical supplements, and targeted therapies to improve tear quality and comfort.
• Surgery Center State-licensed, Medicare-certified, and Accreditation Association for Ambulatory Health Care (AAAHC) accredited outpatient eye surgery facility. Houses equipment for cataract, glaucoma, oculoplastic, vitreoretinal surgeries, and LASIK procedures.
• Implantable Lifestyle Lenses (Premium IOLs) Premium intraocular lenses including multifocal IOLs for full range vision, toric IOLs for astigmatism correction, and Light Adjustable Lens (LAL) by RxSight that can be customized after surgery.
• Optical Shop & Eyewear Full-service optical shop offering prescription eyewear, frames from designers including Vera Bradley, Kate Spade, Oakley, Ray-Ban, Banana Republic, Liz Claiborne, and Sophia Loren, prescription sunglasses, polarized lenses, and optical accessories. Includes complimentary adjustments, cleaning, and minor repairs.
• Contact Lenses & Exams Custom contact lenses including soft and hard (rigid gas-permeable) lenses, extended wear, daily wear, disposable lenses, multifocal lenses for presbyopia, soft toric lenses for astigmatism, and colored lenses.

Quantifiable outcome

• 26,000+ combined LASIK procedures performed
• +2 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature8 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Moore Family EyecareminorStrategic or Co-development PartnerPartnership with Moore Family Eyecare in Mountain Grove. Dr. Thomas Prater presented a $1,000 donation to Mountain Grove Area Community Foundation in honor of Moore Family Eyecare. The contribution recognizes the partnership and collaboration between the two organizations.
• University of Missouri School of MedicineminorStrategic or Co-development PartnerDr. Joseph Arnold was among the first classes to complete clinical rotations at MU's Springfield Clinical Campus. The practice has a history of training future ophthalmologists and has hired alumni.
• Care to LearnminorGTM or Marketing PartnerDr. Thomas Prater chaired Care to Learn's 2024 School Soiree which became the largest fundraiser in Care to Learn's history. Practice volunteers regularly participate in Care to Learn events supporting SPS students.
• Springfield Public SchoolsminorGTM or Marketing PartnerDr. Prater served on the board of Springfield Public Schools and was part of the Friends of SPS group that helped pass a $220 million bond issue to improve Springfield Schools.
• Glaukos (iDose TR)coreTechnology or IntegrationGlaukos iDose TR is the first-of-its-kind therapy for Open-Angle Glaucoma. Mattax Neu Prater was among the first in Southwest Missouri to utilize iDose TR during Interventional Glaucoma Surgery procedures.
• Pinnacle Sign GroupminorOthersPinnacle Sign Group installed the new building sign at Mattax Neu Prater's Springfield location.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Others

• Glaukos Corporation: Maker of iDose TR and MIGS devices used by Mattax Neu Prater. Not a competitor but a strategic supplier; MNP's status as an early regional adopter of iDose TR reflects a vendor partnership angle relevant for diligence.
• RxSight (technology partner, adjacent): Manufacturer of the Light Adjustable Lens that Mattax Neu Prater implants. Comparable as an enabling technology partner in the premium IOL category rather than a direct competitor; illustrates MNP's early adoption of new surgical devices.

Direct peers

• Icon Eyecare: Multi-location ophthalmology group in the Rocky Mountain region offering LASIK, cataract surgery, glaucoma, and retina care with on-site ASCs. Comparable as a regional, multi-subspecialty eye surgery platform.
• Clarkson Eyecare: Midwest-based optometry and ophthalmology practice network offering comprehensive eye exams, optical retail, and medical/surgical services. Comparable as a multi-location regional eye care provider with combined OD/MD model and on-site optical.
• Minnesota Eye Consultants: Physician-owned ophthalmology group in the Twin Cities offering advanced cataract, refractive, glaucoma, cornea, and oculoplastic services. Comparable in subspecialty depth, premium IOL positioning, and integrated surgical care model.
• Vance Thompson Vision: Multi-subspecialty ophthalmology and optometry practice in the upper Midwest offering LASIK, cataract surgery with premium IOLs, glaucoma, and cornea services. Comparable as a regional, physician-led comprehensive eye care platform with on-site surgery centers and fellowship-trained specialists.

Broad incumbents

• TLC Laser Eye Centers: National LASIK and refractive surgery chain. Comparable on refractive surgery technology and patient acquisition model, but focused exclusively on vision correction rather than comprehensive ophthalmology.
• LASIKPlus: National LASIK provider with multiple freestanding centers. Comparable as a high-volume laser vision correction brand using advanced wavefront technology, though without MNP's full medical/surgical breadth.
• EyeCare Partners: Large PE-backed platform of affiliated ophthalmology and optometry practices across the U.S. Comparable as a multi-site eye care consolidator, though substantially larger and operating across many geographies rather than a single region.

Regional players

• Ophthalmology Associates (various regional): Multi-physician ophthalmology practices in markets like St. Louis and Kansas City. Comparable in offering comprehensive medical and surgical eye care, but serving adjacent rather than overlapping Southwest Missouri geography.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/MNPeyes
• Facebookfacebook.com/MNPeyes
• LinkedInlinkedin.com/company/mattax-neu-prater-eye-center

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Mattax-Neu-Prater Eye Center