Rancho Cordova-based VSP Global has two new executive team members, both with connections to CEO Mike Guyetteâs former positions at Blue Cross and Blue Shield of Minnesota. The deal, the details of which were not disclosed, is the single largest investment in VSPâs history. The response, which provided eye care for 11,175 people, would grow into the VSP Mobile Eyes® program. The VSP Eye on Wellness program launches, helping doctors achieve their annual continuing education requirements at no cost to them, while empowering them with the latest research and data on important subject matters impacting the profession. In September, VSP celebrates its 50th anniversary. On June 27, 2019, VSP Global announced plans to acquire Visionworks. VSP also ranks 10th in Fortune Magazine's "Best 100 Companies to Work for.". Vision Monday names VSP Labs the "Top Lab of 2010.". "VSP Global is a unique company within the optical industry but also throughout the broader healthcare industry, with an important ability to take a long-term view of its work in expanding access to eye care and eyewear," said Michael Guyette, VSP Global President and CEO-elect. VSP launches the VSP Eye on Diabetes campaign which provides free comprehensive eye exams and health risk assessments for diabetes and high blood pressure to low-income, uninsured, and underinsured Americans. The VSP Global Premier Program is intended to help VSP ⦠VSP Global has made 3 investments. Throughout the decade, the company continues to experience growth with revenue of $100 million, 2.4 million members, and a provider network of more than 5,000. VSP Global and the U.S. Conference of Mayors renew their partnership to increase access to vision care for thousands of adults and children in need. In December, key VSP Global stakeholders met to discuss the need for an innovation arm within the organization to embrace disruption and test new products and business models. CVS officially becomes Vision Service Plan (VSP) when it registers the VSP service mark. With a growing client base and rapid business expansion, CVS moves its headquarters from Oakland to Sacramento, CA, under the leadership of John O'Donnell, the first president and CEO. He brings years of experience in designing and leading cross ⦠We want to thank you for continuing to go above and beyond to meet the needs of your patients. Through its innovation lab, The Shop, VSP Global debuts "Project Genesis," the first wearable tech prototype from a healthcare company to seamlessly integrate health-tracking technology into an optical frame. If you're service-oriented, quality-minded, relationship-driven, and dedicated, VSP Vision Care ⦠He also held a variety of senior sales and marketing positions with Prudential Healthcare and Continental Insurance. Guyette assumes the role of leading a more vertically integrated company, which includes VSP® Vision Care, the only national not-for-profit vision benefits provider that serves 85 million members globally. About VSP GlobalAs a doctor-governed company, VSP Global® exists to create value for members and opportunities for VSP network doctors. RANCHO CORDOVA, Calif., Feb. 13, 2018 /PRNewswire/ -- VSP Global® today announced that Michael J. Guyette has been appointed President and CEO of VSP Global. VSP Global partners with more than 38,000 VSP network doctors worldwide to serve 85 million members globally. When not responding to disaster, the clinic will travel the U.S. to provide no-cost eye care and eyewear for people in need. This investment - Series C - NeuroVision Imaging - was valued at $11.2M. One of VSP Globalâs subsidiaries is VSP Vision Care, the only national not-for-profit company that delivers value to their customers through access to quality eye care and affordable ⦠VSP makes an official decision to become a national company with plans to expand to all 50 states. Company profile page for Vision Service Plan Inc including stock price, company news, press releases, executives, board members, and contact information Their most recent investment was on May 2, 2018, when NeuroVision Imaging raised $11.2M. When Hurricanes Katrina and Rita devastated the Gulf Coast, VSP was on the scene to replace lost or damaged eyewear and help doctors continue to provide care. VSP reaches 100 employees and is available in four states – California, Oregon, Nevada and Hawaii. VSP Optics launches UNITY® Performance Optics. VSP Global is a doctor-governed organization which connects its nearly 90 million members to affordable, accessible, high-quality eye care and eyewear. About VSP Global VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. Frames on display at the VSP Global Showroom (Image credit: VSP) VSP Globalâs innovation lab (âThe Shopâ) was created in December, 2012, to innovate with external entrepreneurs and partners. VSP runs specific reports to determine if standards are being met and whether or not to apply appropriate interventions when gaps are identified. In response to natural disasters including Hurricane Harvey and Hurricane Irma, VSP Global supports 18 VSP ⦠VSP Global is a group of companies that offers personalized eye care, optical, and business solutions. VSP responds to the destruction caused by 358 tornadoes in 21 states with a state-of-the-art 45-foot mobile eye exam clinic to help tornado victims regain their sight after losing or breaking their glasses. Looking forward, VSP Global has its sights on reimagining how eye care and eyewear are delivered globally. VSP begins to expand its company and network of providers internationally. VSP launches the first VSP Mobile Eyes clinic with two state-of-the-art eye exam rooms and a full eyewear dispensary. The VSP Global Premier Program is intended to help VSP members maximize their vision care benefits. VSP expands its existing frame and practice solutions business by acquiring Marchon, an industry-leading manufacturer, designer, and distributor of quality eyewear and sunwear. and VSP Global Chairman of the Board. DKNY is one of the worldâs leading fashion brands. With 2017 gross billings reaching $5.3 billion, VSP Global is poised for growth in 2018 across its lines of business, which also includes Marchon® Eyewear, Inc., a leading international designer, manufacturer and distributor of high quality eyewear and sunwear; VSP Optics Group, an ophthalmic lens technology and lab services provider; Eyefinity®, the largest electronic health records and practice management software company in the optical industry; and VSP Retail, which delivers connected consumer experiences designed to strengthen the relationship between VSP members and their eye doctors through online and offline channels. With a dream to offer affordable, accessible, high-quality eye care insurance, a group of optometrists in Oakland, CA, form the first prepaid, not-for-profit vision benefit organization – CVS (California Vision Services), the precursor to VSP. Automated Payment Solution Reduces Overhead and Lowers Expenses. VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. A native of Rhode Island, Guyette holds a bachelor's degree in finance from the University of North Texas, and an MBA from Villanova University. Are You a Provider? As a result, membership increases 11 times to more than 31 million. VSP Global introduces the Premier Program, a national community of private practices that offer the best patient experience, where VSP members can maximize their benefits and Premier Program practices receive valuable opportunities. VSP Global celebrates a huge milestone — helping 1 million people see through Eyes of Hope programs — and announces the A Million More initiative to provide no-cost eye care and eyewear to an additional 1 million individuals in need by 2020. By the end of the 90s, VSP earns $1 billion in revenue. In addition, Luxottica owns the Sunglass Hut retail brand and is a retail company in its own right, with over 7,000 stores worldwide, giving it a majority share of the eyewear market. After an amazing start to the first decade of the 21st century, VSP continues to innovate and look to the future of the optical industry. VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. With a dream to offer affordable, accessible, high-quality eye care insurance, a group of optometrists in Oakland, CA, form the first prepaid, not-for-profit vision benefit organization – CVS (California Vision Services), the precursor to VSP. To date, through Eyes of Hope programs that include Sight for Students and VSP Mobile Eyes, VSP Global has invested $175 million to provide no-cost eye care and eyewear for 1 million people in need. "Michael's healthcare experience, knowledge of our collective businesses and commitment to our culture and values make him a great choice to lead VSP Global," said Rob Lynch, VSP Global Board Member and interim President and CEO. Rob Lynch takes the helm of VSP as president and CEO. To report a directory inaccuracy, contact VSP at 800.807.0764 or email directory@vsp.com to submit a report. VSP Global announced that it has acquired San Antonio, Texas-based Visionworks.. The Sight for Students® program launches, delivering free eye care services to thousands of children in need. Updated Jun 27, 2019, 2:34pm EDT Highmark is selling its controlling stake in eye-care retailer Visionworks to vision services VSP Global. RANCHO CORDOVA, Calif.âVSP Global announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. VSP Vision Care launches in the Australia, UK and Ireland markets. Roger Valine becomes president and CEO of VSP and the company moves its headquarters to Rancho Cordova, CA, where its campus is still located today. But with the changing nature of how consumers are buying glasses and related products these days, VSP Global ⦠Pete Bridgman, president of Visionworks, will report to Guyette effective immediately. VSP also begins offering a "direct to consumer" comprehensive eye care plan to those who don’t have access to vision coverage through an employer. References External links. #IAMDKNY. âWith ⦠Additionally, VSP Optics Group opens three new optical labs and introduces the first UNITY product. WSP is one of the worldâs leading professional services firms. From the house founded by Donna Karan in 1984, DKNY emerged in 1989. With more than 82 million members and counting, the company continues its commitment to people around the world with a lifetime of good vision. âVSP Global is a unique company within the optical industry but also throughout the broader healthcare industry, with an important ability to take a long-term view of its work in expanding access to eye care and eyewear,â said Guyette. CVS opens its first optical lab in Sacramento, CA, to better serve its members and network providers with a wide range of products and specialized services. Announcing the launch of the VSP Global® COVID-19 Patient Care Program to help practices offset expenses and financial hardships due to the pandemic. Official website; This page was last edited on 1 July ⦠With these endeavors, VSP vastly expands its footprint in the optical industry. VSP Global includes five complementary businesses that combine high-quality eye care insurance, ⦠VSP Global doesnât break out ecommerce sales but generates annual revenue of about $5.6 billion, according to Crunchbase.com. VSP launches Eyefinity®, a separate company that provides business solutions to VSP network doctors. Over the past 60-plus years, that vision has evolved into VSP Global, a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. VSP Global's complementary businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for its 85 million members around the world through a network of 38,000 eye doctors; Marchon® Eyewear, Inc., one of the world's largest designers, manufacturers and distributors of high quality eyewear and sunwear; VSP Optics Group, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the eye care industry's largest electronic health records and practice management software company, and VSP Retail, which creates connected consumer experiences designed to strengthen the relationship between VSP members and their eye doctors. The Shop collaborates with Nike Vision and Zeiss to create a new, innovative line of running eyewear that combines Nike's expertise in athletic performance and VSP Global's expertise in eyewear design. To date, VSP network doctors have provided eye exams and eyewear at no-cost to over a million people in need through a partnership with VSP Global's Eyes of Hope®. VSP begins providing voluntary coverage to many of the more than 8 million federal employees and retirees. The idea of pre-paid vision care catches on and CVS signs a significant client, the Western Conference of Teamsters. As one of the VSP Global ® businesses, VSP Vision Care is the largest vision benefits company in the U.S. VSP signs its first major health plan client, marking VSP's entry into the managed care market. VSP celebrates 60 years of vision, innovation and giving, and welcomes its fourth president and CEO, Jim McGrann. VSP is recognized by J.D. Before joining Blue Cross and Blue Shield of Minnesota in 2012, Guyette held senior leadership positions at Aetna, Blue Cross and Blue Shield of Florida and Independence Blue Cross. OfficeMate, Marchon’s practice solutions business, merges with Eyefinity to create Eyefinity/OfficeMate, and Altair becomes an eyewear division of Marchon. In 2015, the company celebrated its 60th "Diamond" anniversary, and now serves more than 80 million members, 57,000 clients and 37,000 network providers worldwide. Power and Associates, which ranked the company “Highest in Member Satisfaction Among National Vision Plans” three years in a row, 2004-2006. Visionworks will continue to operate independently while VSP Global assesses business integration ⦠From VSP Global ® lines of business and industry leading companies, you have exclusive access to enhanced rewards and savings.. Marchon and Altair Eyewear. Inc. Magazine names VSP Global a top job creator in 2012, ranking it 11th in its inaugural "Hire Power Awards" which recognizes businesses that are adding jobs and rebuilding the economy. In that role, he was responsible for the strategy and operations of the state's largest health plan, serving 2.9 million members, with a full scope of health plan products and services. Level was designed and developed by VSP Global’s innovation lab, The Shop, with frames produced by Marchon Italy. They formed the first prepaid, not-for-profit vision benefit company, California Vision Services, the precursor to Vision Service Plan (VSP). During the first decade of the millennium, VSP celebrates its 50th anniversary, launches Eyefinity, a business solutions company for practices, and buys the frame company Marchon. VSP Global has invested in NeuroVision Imaging on May 2, 2018. VSP Global announces the creation of a new division to give consumers more choice in eye care, eyewear, and shopping experiences. VSP Global partners with more than 38,000 VSP network doctors worldwide to serve 85 million members globally. Vision care benefits grow increasingly popular among employers as they recognize the competitive advantage of providing their employees with a complete benefits package. VSP Global provides products and services to eyecare professionals, employers, and members. VSP Global ⦠"I am eager to spend time listening to and talking with VSP network doctors, clients, members and employees to gain a deeper perspective of our go-forward strategy and future possibilities.". Guyette has long been an advocate of making health insurance better aligned with the needs of consumers, and helped launch Minnesota's first retail health insurance store in November 2014. ⦠âI am eager to spend time listening to and talking with VSP ⦠VSP Global provides relief efforts for victims of Superstorm Sandy with deployment of two VSP mobile eye care clinics and gives the American Red Cross 2,100 gift certificates, valued at more than $800,000, to distribute to those in need. Dallas - (March 17, 2010) â Today, Essilor, Luxottica Group, and VSP Global SM announced the creation of the Think About Your Eyes Coalition. âVSP Global is a unique company within the optical industry but also throughout the broader healthcare industry, with an important ability to take a long-term view of its work in expanding access to eye care ⦠Marchon and The Shop also team up with licensor Diane von Furstenberg and Google to launch the DVF | Made for Glass collection. Marchon acquires Dragon Alliance, one of the world’s leading goggle and performance eyewear brands in the action sports market, and Scandinavian Eyewear, which has a 65-year history of designing optical frames for the Nordic region. The VSP Global brand launches, further extending its reach across the world to help people see. In 2010, he served as Chairman for the Consortium of Health Plans, a coalition of 21 Blue Cross and Blue Shield plans. Their industry-leading businesses include VSP® Vision Care, ⦠RANCHO CORDOVA, Calif., Feb. 13, 2018 /PRNewswire/ -- VSP Global® today announced that Michael J. Guyette has been appointed President and CEO of VSP Global. The Premier indicator is not meant as a designation of care quality as all of our doctors already meet VSP⦠Guyette, age 53, has more than 20 years of experience in building, growing and leading large health plan organizations and most recently served as President and CEO of Blue Cross and Blue Shield of Minnesota. VSP purchases its fourth optical lab, Ultra Lens, in Fort Lauderdale, FL. VSP announces a partnership to provide prescription lenses for members who use Google Glass and introduces a training program for optometrists to become certified as VSP Glass Preferred Providers. VSP Global launches Level™ smart glasses, featuring activity-tracking technology seamlessly embedded inside the temple of an optical frame. Nearly 18 million WellVision Exams® were delivered by VSP doctors to ensure that members received the personalized care they deserve, and more than $21 million in extra frame value was delivered. The Shop was formed, with co-leads Jay Sales and Leslie Muller leading the bi-coastal innovation labs in Sacramento, CA, and New York City, NY, respectively. The new coalition will develop a public awareness initiative, ⦠He has more than 20 years of management experience in the industry. Michael J. Guyette takes the helm as President and CEO of VSP Global. The name Vision Service Plan and the registered logo(s), service mark(s), and trademark(s) owned by Vision Service Plan or any of its subsidiaries or affiliates, and the contents of this site may not be used in any advertising or publicity, or other use without the prior explicit written permission of Vision Service Plan (VSP). Our industry-leading businesses include VSP⦠VSP launches Altair® Eyewear, a private-label frame company that sells its products exclusively to VSP network providers. Reimagining how eye care and eyewear are delivered. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Guyette will succeed VSP Global Board Member Rob Lynch, who has served as interim President and CEO since April 2017. Our group of leading businesses provides comprehensive ⦠Visit the VSP Provider Hub. VSP signs its first major health plan client, marking VSP's entrance into the managed care market. In addition, VSP purchases its third optical lab, Legends 4.0™, located in Lewisville, TX. Further, the organization was ranked 4th in California as a top job creator. Since 2016, Guyette has also served as Chairman of Prime Therapeutics, a pharmacy benefit manager owned by several Blue Cross and Blue Shield plans. 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