Vision Group
Vision Group is a North American ophthalmology platform operating 60+ clinics, 100+ operating rooms and 230+ surgeons, performing 150,000+ vision correction and cataract procedures per year across 12+ owned brands plus partner clinics, including 100,000 publicly funded cataract surgeries annually in Canada.
- Company typePrivate
- Founded2001
- HeadquartersMontréal, Canada
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Vision Group does
Vision Group is a North American ophthalmology and vision correction platform headquartered in Montreal, Canada, founded in 2001 by Dr. Mark Cohen and Dr. Avi Wallerstein. It operates a network of 60+ clinic facilities, 100+ operating rooms and 230+ ophthalmic surgeons across Canada and the United States, executing more than 150,000 ophthalmic surgical procedures per year. The platform spans 12+ branded banners including LASIK MD, TLC Laser Eye Centres, London Eye Centre, King LASIK, Gimbel Eye Centre, Œil Santé MD, Prism Eye Institute and The Cataract Institute, with service lines covering LASIK, PRK, refractive lens exchange, private-pay refractive cataract surgery, publicly funded cataract surgery, and broader medical and subspecialty ophthalmology (retinal disease, glaucoma, oculoplastics). The company states it is the largest provider of publicly funded cataract surgeries in Canada, performing 100,000 publicly reimbursed cases per year through contracts with provincial and regional health authorities.
Vision Group firmographics
Firmographics- Name
- Vision Group
- Legal name
- Vision Group
- Website
- https://thevisiongroup.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Vision Group is a North American ophthalmology platform operating 60+ clinics, 100+ operating rooms and 230+ surgeons, performing 150,000+ vision correction and cataract procedures per year across 12+ owned brands plus partner clinics, including 100,000 publicly funded cataract surgeries annually in Canada.
- Ownership category
- akta.pro rank
Vision Group industry classification
Industry- Product category
- Ophthalmology and Vision Correction Services
- NAICS
- Offices of Optometrists (62132), Offices of Optometrists (621320)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Ophthalmology Surgery Centers (HLAFAIAF)
- akta.pro secondary industries
- Cornea, External Disease & Refractive Surgery (LASIK/PRK) (HLAKAKAF), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN)
Keywords
Where Vision Group is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Vision Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Private Pay Vision Correction Procedures: Revenue from laser vision correction, refractive lens exchange, and private cataract surgeries performed at company-owned and partner surgical facilities. Patients pay out-of-pocket for elective procedures.
- Publicly Funded Cataract Surgery Contracts: Revenue from contracts with provincial and regional health authorities to provide cataract surgeries funded by Canada's public healthcare system. Vision Group is the largest provider of publicly funded cataract surgeries in Canada.
- Marketing Services to Partners: Comprehensive refractive and LASIK marketing services offered to partner clinics, including brand management, digital campaigns, SEO, email/text communication, analytics, and reputation management.
- Partnership and Licensing Fees: Revenue from partnerships with ophthalmologists and eye care practices through acquisition, partnership, or licensing arrangements. The company provides infrastructure, technology, administrative support, and marketing services in exchange for partnership contributions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Private pay vision correction procedures (LASIK, PRK, refractive lens exchange) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Vision Group product offering
Product offeringCore offering
Vision Group is an eye care company that operates a North American network of laser vision correction and intraocular surgery facilities, publicly funded cataract surgery programs, and comprehensive/subspecialty ophthalmology clinics. It delivers elective refractive procedures such as LASIK, PRK, and refractive lens exchange, as well as private-pay and publicly funded cataract surgeries, while also providing partner clinics with marketing, technology, and operational support.
Product overview
Vision Group operates as a multi-brand ophthalmology and vision correction platform offering a comprehensive network of surgical facilities and clinics across North America. The portfolio includes over 12 brands spanning core surgical services (laser vision correction, refractive lens exchange, cataract surgery) and partner support services. The primary brands include Lasik MD (2M+ procedures), Gimbel Eye Centre (200K+ surgeries), London Eye Centre (100K+ procedures), King LASIK (120K+ patients), and TLC Laser Eye Centres (25+ years), alongside specialized subspecialty clinics for retinal diseases, glaucoma, and cataracts. The platform provides both direct patient care through owned clinics and operational/marketing support services to partner clinics, creating a hybrid model of owned operations and affiliated network.
Differentiator
Problem solved
Functional benefit
Brands
- LASIK MD: One of North America's leading vision correction providers with over 30 locations across Canada and the United States. Surgeons have performed over 2 million procedures.
- TLC Laser Eye Centres
- London Eye Centre
- King LASIK
- Gimbel Eye Centre
- Œil Santé MD
- Institut de l'Oeil de Montreal
- Clinique du Parc
- Prism Eye Institute
- Institut de l'oeil des Laurentides
- The Cataract Institute
Products and services
- Laser Vision Correction (LASIK and PRK) Laser-based vision correction procedures including LASIK and PRK that reshape the cornea to correct refractive errors; offered to individual patients seeking to reduce dependence on glasses or contact lenses.
- Refractive Lens Exchange (RLE) Lens-based vision correction procedure that replaces the natural lens with an artificial intraocular lens, typically for patients over 50 and those not ideal candidates for laser procedures.
- Private Pay Refractive Cataract Surgery Premium cataract surgery using advanced intraocular lens technology for vision correction, performed at Vision Group's surgical facilities for self-paying patients.
- Publicly Funded Cataract Surgery Cataract surgery procedures funded through public healthcare system contracts with provincial and regional health authorities across Canada; Vision Group is the largest provider of publicly funded cataract surgeries in Canada.
- Medical Ophthalmology Services General ophthalmology services including diagnosis and treatment of eye conditions such as glaucoma, retinal diseases, and other ocular disorders, delivered through comprehensive and subspecialty ophthalmology clinics.
- LASIK MD Vision correction brand with 30+ locations across Canada and the United States having performed over 2 million refractive procedures.
- TLC Laser Eye Centres Vision correction provider with over 25 years of experience using the latest technology and focused on co-management partnerships with patients' optometrists.
- London Eye Centre British Columbia vision correction provider; pioneer of the 'No Touch' PRK procedure with over 100,000 procedures and 30+ years of experience.
- King LASIK Laser vision correction provider in Edmonton, Alberta serving Canada's West Coast; has treated over 120,000 patients.
- Gimbel Eye Centre Vision care provider since 1964 operating in Calgary and Edmonton, Alberta; completed over 200,000 surgeries including LASIK, PRK, cataract surgery, and refractive lens exchange.
- Œil Santé MD Specialty eye treatment clinics in Montreal offering advanced eye care for cataracts, retinal disease, glaucoma, and other eye conditions.
- Prism Eye Institute Eye care provider in Toronto, Ontario offering ophthalmology, optometry, and optical care services.
- Groupe IOL / Institut de l'Œil des Laurentides Comprehensive eye care group including an ophthalmology clinic, optometry clinic, and ophthalmology research centre in Quebec; offers cataract, glaucoma, retinal, oculoplastic, and emergency services.
- The Cataract Institute Specialized cataract surgery institute operating across New Brunswick, focused on expanding access and reducing wait times for cataract procedures.
- Marketing Services for Partner Clinics Comprehensive refractive marketing services offered to partner clinics, including brand management, strategy, web design, paid campaigns, SEO, email/text communication, analytics, reputation management, and co-management marketing, delivered by Vision Group's in-house team of 25+ professionals.
- Patient Call Center Services Dedicated call center with 30+ trained professionals handling over 40,000 calls per month across multiple brands, specialized in refractive services patient engagement.
- Partner Clinic Operational Support Strategic and operational support services to partner clinics covering marketing, finance, clinical operations, practice management, managed care contracting, and back-office operations, enabling physicians to focus on patient care.
Quantifiable outcome
- 9 out of 10 patients achieved 20/20 vision or better without glasses after Refractive Lens Exchange
- +3 more outcomes
Companies that use Vision Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Vision Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Vision Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Canadian Provincial and Regional Health AuthoritiescoreVision Group partners with Canadian healthcare institutions to provide publicly funded cataract surgeries. This initiative significantly reduces wait times and alleviates pressure on the public healthcare system, with the goal of continually helping to improve the health of Canadians nationwide.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Vision Group competitors and assessment
Company assessmentDirect peers
- NVISION Eye Centers: U.S.-based chain of ophthalmology and LASIK centers with multiple locations across the western U.S. Offers the same blend of laser vision correction, cataract surgery, and partner practice support that Vision Group provides in Canada and the U.S.
- LasikPlus: One of the largest U.S. LASIK-only chains (formerly LCA-Vision), operating dozens of centers with a similar hub-and-spoke refractive surgery model and heavy investment in direct-to-consumer marketing.
- LASIK Vision Institute: U.S. national LASIK provider with a high-volume, branded clinic model focused on laser vision correction at accessible price points, directly comparable to Vision Group's LASIK MD and TLC sub-brands.
- Hoopes Vision: U.S. refractive surgery center specializing in LASIK, SMILE, and ICL with surgeon-led clinical leadership, similar in clinical depth and elective-procedure focus to Vision Group's premium brands.
- Center For Sight: Multi-location ophthalmology and refractive surgery practice in the U.S. offering LASIK, cataract, and comprehensive eye care, comparable in scale and service breadth to Vision Group's owned-clinic network.
- Kleiman Evangelista Eye Center: U.S. multi-location ophthalmology and refractive surgery group offering LASIK, cataract surgery, and partner optometrist co-management, mirroring Vision Group's hybrid model of owned clinics plus partner support.
Broad incumbents
- Carl Zeiss Meditec: Manufacturer of ophthalmic surgical microscopes, lasers, and IOLs widely used in refractive and cataract surgery, comparable as a broad incumbent supplier of the technology platform Vision Group's surgeons depend on.
- Bausch + Lomb: Global eye-health company with surgical, pharmaceutical, and consumer vision offerings; comparable as a broad incumbent supplying cataract and refractive surgery products used in Vision Group's operating rooms.
- Alcon: Global leader in ophthalmic devices, surgical equipment, and vision care products that supplies the IOLs, lasers, and consumables used in Vision Group's cataract and refractive procedures, representing an upstream incumbent.
- Johnson & Johnson Vision: Large diversified eye health business offering IOLs, contact lenses, and refractive surgery equipment; serves both as a critical supplier to Vision Group and as a broad incumbent with overlapping surgical capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Vision Group social profiles
Digital presenceVision Group compliance and trust
Trust signalCompliance5 records
Vision Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vision Group leadership team
Management profileNumber of profiles
Profiles5 records
Vision Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vision 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 Vision Group
What does Vision Group do?
Vision Group is an eye care company that operates a North American network of laser vision correction and intraocular surgery facilities, publicly funded cataract surgery programs, and comprehensive/subspecialty ophthalmology clinics. It delivers elective refractive procedures such as LASIK, PRK, and refractive lens exchange, as well as private-pay and publicly funded cataract surgeries, while also providing partner clinics with marketing, technology, and operational support.
Is Vision Group a public or private company?
Vision Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Vision Group founded?
Vision Group was founded in 2001. It employs 1,001 to 5,000 people.
Where is Vision Group based?
Vision Group is headquartered in Montréal, Canada, in the North America region.
How does Vision Group make money?
Four revenue lines are on record. Private Pay Vision Correction Procedures are the primary driver. The others are publicly Funded Cataract Surgery Contracts, marketing Services to Partners and partnership and Licensing Fees.
Who are Vision Group's main competitors?
Direct peers on record are NVISION Eye Centers, LasikPlus, LASIK Vision Institute, Hoopes Vision, Center For Sight and Kleiman Evangelista Eye Center. Broad incumbents are Carl Zeiss Meditec, Bausch + Lomb, Alcon and Johnson & Johnson Vision.
Does Vision Group have an API?
No public API is recorded for Vision Group.
What industry is Vision Group in?
Vision Group's product category is Ophthalmology and Vision Correction Services. Its primary akta.pro industry code is HLAFAIAF, Ophthalmology Surgery Centers, with a secondary code of HLAKAKAF, Cornea, External Disease & Refractive Surgery (LASIK/PRK). Its NAICS code is 62132 and its SIC code is 8742.