Clyde Bell
CINCINNATI—CVP, one of the country's fastest-growing ophthalmology networks, has added Tidewater Eye Centers as a partner practice in its Mid-Atlantic region. This expansion brings together more than 20 physicians, 10 optometrists, two physician assistants, and two surgery centers in the Hampton Roads region of Virginia, according to CVP’s recent announcement. The terms of the transaction were not disclosed. Tidewater Eye Centers, with its roots in Virginia for 50 years, is a large ophthalmology practice, serving patients at three clinic locations in Chesapeake, Portsmouth and Virginia Beach.

Tidewater Eye Centers provides care in the specialties of cornea, glaucoma, retina, as well as offering cataract and refractive surgeries.

"We are thrilled to start the year by announcing our new partnership with Tidewater Eye Centers," CVP chief executive officer Clyde Bell said in the announcement. "With the combined presence and experience of Tidewater Eye Centers and Virginia Eye Consultants now under the CVP banner, this represents a significant eyecare consolidation in the Coastal Virginia region."

"Our team is excited to join many other leading, patient-focused practices nationwide as a CVP partner,” added Tidewater’s Roger Newsom, MD. "The CVP model, with a focus on eyecare innovation as well as industry-leading administrative resources, enhances our ability to serve our community in and around the Hampton Roads and beyond."

CVP is a premier ophthalmology management services organization formed in 2018 through a partnership with Cincinnati Eye Institute, one of the nation's largest ophthalmology practices, and Revelstoke Capital Partners, a Denver-based private equity firm. Virginia Eye Consultants joined the company in 2019, expanding the network to the Mid-Atlantic. CVP partner practices feature more than 150 industry-leading providers across all major subspecialties in ophthalmology and optometry.

“We are committed to providing the highest quality eyecare solutions to our valued patients in Virginia," John Sheppard, MD, MMSc, president of Virginia Eye Consultants, said. "Tidewater Eye Centers, with the reputation they've built over 50 years, and their history of firsts for the region helps us deliver on our mission."

This recent news marks one of the largest eyecare consolidations in the Mid-Atlantic region, according to the recent announcement. Together, Tidewater Eye Centers, Virginia Eye Consultants and Virginia Beach Eye Center represent eight clinic locations and 32 providers.



According to its announcement, CVP is working toward building one of “the country's leading ophthalmology management services organizations by bringing best-in-class operations, marketing, and patient experience expertise to partner practices working at the forefront of life-changing advances in eyecare.”

Partner practices and their affiliated providers are currently based in Ohio, Kentucky, Indiana, and Virginia, with other regional and national partnerships now in discussion which are expected to add significantly to the growing network of 47 clinical centers, and eight ambulatory surgical centers.

CVP's network aligns the efforts of many physicians operating in all ophthalmic subspecialties around a singular vision: transformative eyecare. The expanding CVP network leverages the professional resources of Cincinnati Eye Institute in the Midwest, Virginia Eye Consultants in the Mid-Atlantic, and the capital resources and expertise of Revelstoke Capital Partners, to identify and fund growth initiatives that would not be available to a single practice working on its own.