H.I.G.-backed American Vision Partners Appoints Kyle Bohannon as CEO

7/11/17

American Vision Partners, one of the nation’s largest and most comprehensive ophthalmic management companies, today announced details of its strategy and affiliation with Barnet Dulaney Perkins Eye Center and Southwestern Eye Center, as well as its growth plans and Executive Leadership team. Headquartered in Arizona, American Vision Partners will help its affiliated practices deliver an exceptional quality of patient care and attract and retain the best providers and staff.

As part of the new strategic partnership, Barnet Dulaney Perkins and Southwestern will continue to serve patients under their existing brands, while also benefiting from new opportunities to collaborate as part of the American Vision Partners alliance. Patients should expect to see their current doctors and have access to all of the same services at their local centers with an improved experience. Over time, patients and payors will benefit from the addition of new services, the opportunity to schedule appointments closer to home, reduced wait times as part of a larger provider base, and greater efficiency in scheduling and billing processes. American Vision Partners will support its affiliated practices in offering multi-specialty care while improving and tracking qualitative care metrics.

The Board of Directors appointed Kyle A. Bohannon to lead the business as President & CEO, with a focus on optimizing patient care and accelerating growth of the American Vision Partners platform.

Mr. Bohannon commented, “American Vision Partners was borne out of a collective goal to become the leader in the ophthalmology industry, and we are proud to have launched with such established brands. Barnet Dulaney Perkins and Southwestern are synonymous with quality ophthalmic care. We will continue to enhance the quality of care provided at all of our centers and share the best practices of these two great organizations. Our goal is to maximize our shared opportunities to build a platform that can grow aggressively, while adding new services, exceptional providers and convenient locations. By executing on a very disciplined growth strategy, we will bring our outstanding patient service and exceptional medical outcomes to more patients who need our care nationwide.”

The Company plans to invest in talent to promote organic growth, open new facilities and make strategic acquisitions to grow the American Vision Partners footprint. The goal is to create a scalable platform, allowing additional practices to fit seamlessly into the foundation of Barnet Dulaney Perkins and Southwestern.

Mr. Bohannon previously served as President & CEO of FastMed Urgent Care where, under his leadership, the company expanded from nine to more than 110 clinics in just six years. He brings significant experience in building large and scalable healthcare platforms, delivering sustainable growth and working with investors throughout the healthcare industry.

Mr. Bohannon will be supported by Chief Operating Officer Shane Armstrong, Chief Medical Officer Dr. Andrew Rabinowitz and Chief Financial Officer Darren Wight, all of whom have previously served at Barnet Dulaney Perkins or Southwestern in various leadership capacities. Together, the management team has over 60 years of experience building scalable healthcare platforms. Dr. Lothaire Bluth, the founder of Southwestern, was appointed the Chairman of the Board, and Mark Rosenberg, the former CEO of Barnet Dulaney Perkins, was appointed as Vice Chairman.

About American Vision Partners

American Vision Partners was founded in April 2017 with the affiliation of Barnet Dulaney Perkins and Southwestern Eye Center, two leading ophthalmology companies. H.I.G. Capital, a leading global private equity investment firm with $23 billion of equity capital under management, entered into a strategic transaction with Barnet Dulaney Perkins and Southwestern, which led to the creation of American Vision Partners. For over 35 years, the Barnet Dulaney Perkins and Southwestern practices have been providing care to urban and underserved rural communities throughout the Southwest. Together, Barnet Dulaney Perkins and Southwestern operate more than 40 eye care centers in Arizona and New Mexico, including 23 ambulatory surgical centers. Visit American Vision Partners online at http://americanvisionpartners.com.

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