operates as an integrated eye care services company in the United States.
The company operates in two segments, Managed Vision and Consumer Vision.
The Managed Vision segment contracts with insurers, employer groups, managed care plans, health maintenance organizations, and other third-party payers to manage claims payment and other administrative services of eye health benefits for contracting parties in 14 states.
This segment also provides insurance coverage relating to certain eye care products and services.
The Consumer Vision segment sells retail optical products, including corrective lenses, eyeglasses, frames, contact lenses, and other related optical products to consumers, as well as owns and/or operates integrated eye health centers, professional optometric practices, and surgical facilities in Connecticut.
It operated 18 integrated eye health centers and professional optometric practices, and 2 surgery centers, as of December 31, 2004.
OptiCare is headquartered in Waterbury, Connecticut.
