Mid South Retina

What Mid South Retina does

Mid-South Retina (legally Midsouth Retina Associates) is a physician-owned ophthalmology practice specializing in vitreoretinal medicine and surgery, founded in 1984 by Dr. Richard E. Sievers at St. Francis Hospital-Memphis. The practice employs six board-certified ophthalmologists with subspecialty fellowship training in vitreoretinal surgery, operating across seven clinic locations that span West Tennessee (Memphis, Jackson, Paris, Dyersburg), East Arkansas (Jonesboro, Blytheville), and North Mississippi (Corinth). Services span diagnosis and medical or surgical treatment of retinal tears, holes, and detachment; macular degeneration, edema, holes, and pucker; uveitis; vitrectomy surgery; retinal vein occlusions; and diabetic retinopathy. Tele-ophthalmology services support remote consultations and follow-up care, and the practice offers 24/7 physician availability for emergency cases.

The practice operates on a fee-for-service model, billing patients and third-party payers (Medicare, Medicaid, and commercial insurance) for office visits, diagnostic testing, intravitreal injections, laser treatments, and surgical procedures. Pricing is quote-based and varies by service complexity and insurance coverage; pre-treatment estimates and payment-at-time-of-service are standard. Patient acquisition is driven by referrals from primary eye doctors and primary care providers, augmented by the practice's 40-year community reputation, online appointment requests, and affiliations with the Memphis VA Medical Center and St. Francis Hospital-Memphis. Multiple physicians hold peer-reviewed publications in journals such as JAMA Ophthalmology, Retina, and Cornea, and are members of the American Academy of Ophthalmology and the American Society of Retina Specialists.

Mid-South Retina is differentiated by its fellowship-trained surgeon roster, multi-state hub-and-spoke footprint, and continuity-of-care model in which the same surgeon manages the patient throughout treatment. The practice has no disclosed external capital, no parent company, and no M&A activity; growth has been entirely organic, driven by physician recruitment (most recently Dr. Stephanie Engelhard in 2024 and Dr. Steven Williams in 2018) and incremental satellite office expansion across the Mid-South region.

Name

Mid South Retina

Legal name

Midsouth Retina Associates

Website

https://midsouthretina.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Mid-South Retina is a physician-owned ophthalmology practice operating seven locations across Tennessee, Arkansas, and Mississippi, providing medical and surgical vitreoretinal care delivered by six fellowship-trained ophthalmologists to patients with retinal and macular diseases.

Ownership category

akta.pro rank

Product category

Vitreoretinal Ophthalmology Services

NAICS

Offices of Physicians (6211)

SIC

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

akta.pro primary industry

Retina & Vitreous Specialists (HLAKAKAE)

akta.pro secondary industries

Ambulatory Surgery Centers (Ophthalmic/Outpatient Eye Surgery) (HLAKAKAO), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN), Ophthalmology Surgery Centers (HLAFAIAF)

Keywords

• Retinal disease treatment
• Vitreoretinal surgery
• Ophthalmology services
• Retina care
• Eye disease diagnosis

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Patient Care Services: Fee-for-service medical and surgical retina care billed to patients and/or their insurance carriers. Services include office visits, diagnostic testing, injections, laser treatments, and surgical procedures.
2. Insurance Reimbursement: Revenue received from Medicare, Medicaid, and commercial insurance companies for covered medical services rendered to insured patients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mid South Retina (legal name: Midsouth Retina Associates) is a medical practice that diagnoses and treats vitreoretinal diseases through medical and surgical interventions. Founded in 1984, the practice delivers vitreoretinal subspecialty care to patients across seven locations spanning West Tennessee, Arkansas, and Mississippi, staffed by board-certified ophthalmologists with vitreoretinal subspecialty training.

Product overview

Mid-South Retina is a single-specialty medical practice providing comprehensive vitreoretinal care across 7 locations in the Mid-South region (Tennessee, Arkansas, Mississippi). The practice operates as a unified offering centered on medical and surgical treatment of retinal diseases, with 6 Board-Certified Ophthalmologists who have subspecialty fellowship training in vitreoretinal surgery. Services include diagnosis and treatment of retinal tears, holes, detachment, macular degeneration, macular edema, macular holes, macular pucker, uveitis, vitrectomy surgery, retinal vein occlusions, and diabetic retinopathy. The practice also incorporates telemedicine/tele-ophthalmology capabilities for remote patient consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Vitreoretinal Disease Diagnosis and Treatment

Quantifiable outcome

• Serving the Mid-South for more than 40 years
• +3 more outcomes

Named customers3 records

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• American Academy of Ophthalmology (AAO)minorOthersProfessional membership association for ophthalmologists with over 7,000 members. The website links to AAO resources for patient education on eye conditions.
• American Society of Retina Specialists (ASRS)minorOthersNon-profit providing scientific forum for advancement of vitreoretinal diseases and surgery. Multiple physicians are members.
• American Board of OphthalmologyminorOthersIndependent non-profit responsible for certification of ophthalmologists. Links provided for patient verification of physician credentials.
• National Eye InstituteminorOthersPart of NIH, dedicated to eye and vision research. Links provided as patient education resource.
• Star CenterminorOthersDr. Priester, Dr. Khamapirad and Dr. Gordon provide yearly support of this organization.
• ComeUnity CafeminorOthersDr. Priester provides continual support by purchasing lunches for employees and an equal number for the homeless.
• West Tennessee Healthcare FoundationminorOthersDr. Priester serves as an active board member.
• The Jackson SymphonyminorOthersDr. Priester and his wife are members of The Sonata Circle. Dr. Khamapirad is a donor to Jackson Youth Symphony.
• South Gibson County SchoolsminorOthersDr. Khamapirad is an active volunteer and donor for South Gibson High School Band, Beta Club, and Robotics Teams, and South Gibson County Shooting Sports.
• Memphis VA Medical CentercoreOthersDr. Sievers and Dr. Williams provide retina care to veterans at the Memphis VA. Dr. Sievers teaches residents in the ophthalmology clinic at the Memphis VA.
• Calvary Rescue MissionminorOthersDr. Sievers and Dr. Williams support this organization helping the homeless.
• Mid-South Food BankminorOthersDr. Sievers and Dr. Williams support this food bank organization.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• EyeCare Partners: Large PE-backed ophthalmology and optometry platform with hundreds of locations across the U.S. Includes retina specialty groups. A representative example of a strategic acquirer that could absorb Mid-South Retina as a regional platform.
• Retina Consultants of America: Network of leading retina specialty practices across the U.S. backed by PE sponsor. Represents a potential acquirer/affiliation model and a benchmark for what a scaled retina platform looks like, often cited in PE consolidation discussions.

Others

• American Society of Retina Specialists (ASRS): Professional society for vitreoretinal specialists with which Mid-South Retina's physicians are members. Not a commercial peer but a peer institution for benchmarking clinical standards and identifying emerging practice trends.
• University of Tennessee Department of Ophthalmology: Academic ophthalmology department in Memphis where Mid-South Retina's founder Dr. Sievers serves as Associate Clinical Professor. Provides residency training pipeline and a competitor for complex retina cases in the Memphis market.

Direct peers

• Charles Retina Institute: Single-specialty retina practice in Germantown, TN (Memphis suburb) with fellowship-trained vitreoretinal surgeons and a research focus. Direct competitor in the immediate Memphis market with a similar subspecialty depth.
• Retina Associates of Middle Tennessee: Regional retina specialty practice in Middle Tennessee offering vitreoretinal surgery and medical retina care. Comparable model: multi-physician, fellowship-trained group practice serving a defined catchment area.
• Tennessee Retina: Multi-physician retina specialty practice serving the Nashville, Tennessee metro with fellowship-trained vitreoretinal surgeons. Direct competitor in the same sub-specialty serving a Tennessee patient population that overlaps with Mid-South Retina's West Tennessee catchment.

Regional players

• Eye Health Partners: Multi-location ophthalmology and optometry practice in the Mid-South offering general eye care, cataract surgery, and retina services. A direct regional competitor for general ophthalmology referrals.
• Memphis Eye & Cataract Associates: Established ophthalmology practice in Memphis, TN offering general ophthalmology, cataract surgery, and some retina services. Competitor for referrals in the Memphis market where Mid-South Retina is headquartered.
• Southern Eye Associates: Multi-specialty ophthalmology practice based in the Mid-South region offering retina services alongside cataract and glaucoma care. Operates in overlapping geography with broader service offerings than Mid-South Retina's pure retina focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 South Retina