Sight360, a vision-care service company, says it has merged with Florida Eye Specialists and Cataract Institute, an ophthalmology and optometry practice with 10 locations and 33 physicians in the greater Tampa Bay area.
In merging, Sight360 says in a Tuesday news release that it expands its combined scope of care to more than 250,000 patients in Pinellas, Hillsborough, Pasco, Hernando, Citrus and Polk counties.
Terms of the deal were not disclosed.
As a result of the partnership, Sight360 says it will grow to 29 locations throughout the greater Tampa Bay region, with more than 50 doctors providing vision care. Sight360 provides integrated vision care services, including ophthalmology, optometry, optical services and related surgeries.
Founded in 1981 by Dr. Gregory Henderson, Florida Eye Specialists and Cataract Institute and its physicians practice full-scope ophthalmology, optometry, cosmetic surgery and hearing services. Dr. Henderson will continue to practice, be a strategic partner and becomes a member of the Sight360 board of directors, Sight360 officials say.
Sight360 says its practices tend to be on the western side of Tampa Bay and the institute's are on the east.
Sight360 practices include Pasadena Eye Center and Surgery Center, Eye Associates of Pinellas, Ryczek Eye Associates Opti-mart, Prado Vision Center, Gulf Coast Retina Specialists and The Eye Center.
The institute's practices include Brandon Eye Clinic, Optics SoHo, Plant City Eye Clinic, Ruskin Eye Clinic, St. Petersburg Eye Clinic, Sun City Center Eye Clinic and Lake Wales Eye Clinic.
Sight360 says it provides physicians with centralized operational support in a variety of areas, from revenue cycle management to human resources and marketing, allowing them to focus on delivering the highest quality clinical care.
Sight360 is a portfolio company of SBJ Capital, a private investment firm with approximately $600 million of assets under management, focused on investing in founder and family-owned consumer and services companies.
Jim Stinson is the Business Observer's Tampa Bay business reporter and editor, having previously written about business and policy in Washington, D.C.; Rochester, New York; Gary, Indiana; and Daytona Beach. He attended Boston University for business and Indiana University for journalism.