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PRISM Vision Group
PRISM Vision Group is a physician-led ASC and practice management firm for ophthalmology, with 200-plus doctors across 100-plus US locations.
PRISM Vision Group
PRISM Vision Group was formed in 2008, with roots extending more than 30 years. The organization is structured as a physician-led administrative service organization (ASO) that partners with eye care practices. CEO Steven Madreperla, who remains a practicing vitreoretinal surgeon, oversees a network that includes more than 200 affiliated physicians, 100-plus locations, and eight ambulatory surgery centers across New Jersey, Pennsylvania, Delaware, Virginia, Maryland, Washington DC, and California. The firm focuses on general ophthalmology and retina practice management. PRISM offers affiliated practices access to integrated systems, clinical workflow standardization, revenue-cycle management, and payer contracting. The organization is supported by McKesson, which provides capital and business strategy resources. Confirmed affiliated practices include The Retina Care Center, Outlook Eyecare, and Schefkind Eye Care. Geographically, the network concentrates on the US mid-Atlantic and Northeast, with an expanding West Coast presence. As of May 2026, PRISM Vision Group employs over 1,300 people. The organization operates limited number of ambulatory surgery centers. Recent growth includes closing a transaction with Retina Macula Institute in May 2026 and affiliating with Spokane Eye Clinic in November 2025. PRISM also maintains a Physician Leadership Council comprising committees for clinical services, technology, growth, and finance that set enterprise-wide policies. PRISM differentiates through a physician-led governance model where affiliated practices retain local identity and ownership in the form of divisional minority equity stakes. The firm targets independent ophthalmology and retina practices seeking to remain physician-controlled while accessing administrative and capital support, rather than selling outright to a hospital system or private equity-backed platform.
General information
Firm type
Asset Manager
Year founded
2008
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
United States
Principals
Steven A. Madreperla
Chief Executive Officer
Priya Desai
Chief Medical Officer
Anne Hoang
Chief Operating Officer
Rich Bleicher
General Counsel and Chief Compliance Officer
Pooja Chauhan
Chief People Leader
Richard Donnelly
Chief, Payor Relations and Contracting
Andrew Neumann
Chief Information Officer
Sector focus
Frequently asked questions
Who makes investment decisions at PRISM Vision Group?
PRISM Vision Group is led by CEO Steven Madreperla, who is also a vitreoretinal surgeon. Major strategic and capital decisions involve its physician leadership council and its backer McKesson, which provides business resources and capital (per the firm's website).
Is PRISM Vision Group an independent platform or owned by a larger entity?
PRISM Vision Group is supported by McKesson but operates as an independent administrative service organization. The firm's website states McKesson provides 'access to vital resources and proven business strategies,' though PRISM is not presented as a wholly owned subsidiary.
What investment stages does PRISM typically target?
PRISM focuses exclusively on partnering with established ophthalmology and retina practices — typically mature community practices looking for administrative support while retaining local brand and physician ownership. It does not appear to seed new practices or engage in early-stage venture investments.
What sectors does PRISM Vision Group explicitly avoid?
PRISM concentrates solely on eye care — general ophthalmology and retina specialities. It does not pursue other medical specialties, hospital partnerships, or non-healthcare investments. Its model is purpose-built for independent eye care practices.
Does PRISM Vision Group operate a fund structure for outside investors?
No. PRISM Vision Group is an operating company that manages eye care practices, not an investment fund. It does not appear to accept third-party limited partner capital. Its capital is structured through equity ownership by physician partners and support from McKesson.
How does PRISM Vision Group source its affiliate practices?
PRISM relies on a combination of direct outreach to independent ophthalmology groups, word-of-mouth referrals within its physician network, and consolidation opportunities in fragmented regional markets. Its growth committee, chaired by Reginald J. Sanders, oversees these efforts (per the firm's website).
What is PRISM Vision Group's geographic concentration?
PRISM's historical center is the US mid-Atlantic and Northeast, including New Jersey, Pennsylvania, Delaware, Virginia, Maryland, and Washington DC. The firm has extended into California and, with its November 2025 affiliation of Spokane Eye Clinic, has a growing presence in the Pacific Northwest (per the firm, November 2025).
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