Welcome to JustTheFactsVSP.com

VSP Global’s goal is to win more patients for network doctors, specifically those in the Premier Program. To do this, winning starts with the client.

As the marketplace continues to shift, we will always continue to invest in the success of network doctors. This means making decisions that will strengthen our position to win contracts and grow membership.  

Scroll down for recent retail news and resources.

VSP Global Announces Intent to Acquire Visionworks, Intensifying Doctor and Member Support in Largest Investment in Company History

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Eyeconic® Launches First Two Brick and Mortar Stores in Chicago

VSP Global® enters brick-and-mortar retail with the opening of the company’s first two Eyeconic stores in the country.
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New Private Equity Arrangements on Hold 

To ensure VSP Global continues to meet the needs of clients, members, and providers, VSP recently completed an assessment of the scope of the VSP provider network. Based on this assessment and our recent retail strategy announcement, effective April 15, 2019, VSP will be placing a hold on any new network arrangements with private equity or similar backed groups.

Thinking about selling your practice? For information on how the sale of your practice might affect your VSP network eligibility, contact VSP Provider Network Development.

VSP Global Announces Expanded Retail Strategy

Developments underscore commitment to meet client expectations, diverse member needs and provide choice of practice settings for Doctors of Optometry.
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How Eyeconic Markets to Members

Learn more about how Eyeconic markets to VSP members, and more importantly, what VSP doesn’t do to market to members. 

Meeting the Needs of Today’s Client

Learn more about the role that clients play in deciding the contracts that drive patients into practices.

Meeting the Needs of Today’s Consumer

How four key consumer expectations are shaping the vision care industry.

Frequently Asked Questions
  • Why is VSP getting into retail?

    Retail offerings strengthen our value with clients, helping us win more contracts that grow membership.

  • Who is Visionworks?

    Visionworks is a full-service optical retailer with over 700 locations across nearly 40 states and the District of Columbia.

  • Why is VSP acquiring Visionworks?

    VSP has entered a definitive agreement to acquire Visionworks. VSP’s intent to acquire Visionworks is a milestone in meeting the expectations of clients who can deliver new patients to our network. 

    As we’ve shared before, the marketplace is changing quickly and VSP must have a consistent, substantial, and sustainable retail offering enhanced with the professional care of a VSP network doctor.

    This is a significant leap forward in realizing our vision of providing more access to affordable, high-quality eye care and eyewear to as many people as possible.

  • When will the Visionworks acquisition be final?

    The transaction will close as soon as the necessary regulatory approvals are obtained.

  • VSP recently announced the grand opening of two Eyeconic stores. Will Visionworks become Eyeconic? How will they work together?

    There will be no immediate business changes to Visionworks.  VSP has announced the intent to acquire Visionworks and the transaction will close as soon as the necessary regulatory approvals are obtained.

    The Eyeconic brick and mortar stores are not connected to the intended acquisition of Visionworks. As advanced retail environments, our goal for Eyeconic locations is to serve as concept stores to test new programs and services.

    We’ll take learnings and best practices from Eyeconic stores and then share them with the rest of the Premier Program, helping to further strengthen private practice’s offerings.

  • VSP has said that private practice optometry is the core of the network. Why is VSP investing in acquiring Visionworks instead of in existing network doctors?

    Upon close, Visionworks will strengthen VSP’s value proposition with clients and increase our ability to win contracts and grow membership. 

    As we’ve shared before, the marketplace is changing quickly and VSP must have a consistent, substantial, and sustainable retail offering enhanced with the professional care of a VSP network doctor. 

    VSP has been and will continue to invest heavily in the Premier Program. In its first five years, the program has delivered $9.2 billion in revenue to doctors participating in the program. We will continue to look for additional opportunities for private practice to compete and differentiate. 

  • VSP already has retail on its network. Why does VSP need to own retail locations?

    Upon close, Visionworks will be a milestone in meeting the expectations of clients who can deliver new patients to our network.

    As we’ve shared before, the marketplace is changing quickly and VSP must have a consistent, substantial, and sustainable retail offering.

    Visionworks will strengthen VSP’s value proposition with clients and increase our ability to win contracts and grow membership.

  • Why was Chicago selected as the first Eyeconic market?

    Market selection was strategically focused on regions that have shown high numbers of out-of-network claims at optical chains and mass retailers as well as online-based eyewear brands. There are four key reasons Chicago was selected as the first Eyeconic market: 

    1. Opportunity to bring members in-network
    2. Consumer behavior
    3. Filling the Premier footprint
    4. Client needs
  • What is VSP Ventures and how is it any different than existing private equity firms?

    VSP Global launched VSP Ventures, a new business unit designed to provide doctors with a care-focused choice for doctors looking to retire or evolve to a different practice model. Doctors have been asking VSP to create a doctor-centric alternative to private equity and it’s critical for VSP to ensure this evolving landscape serves both our members and VSP network doctors in mutually beneficial ways. 

    The Eyeconic brick and mortar stores are separate from VSP Ventures and the intended Visionworks acquisition.

  • Who can I reach out to with more questions?

    Please direct questions to doctorquestions@vsp.com.

    If you’re interested in VSP Ventures opportunities, please reach out to our team directly at VSPVentures@vspglobal.com.

VSP Retail: Entering into a Definitive Agreement to Acquire Visionworks

As you have likely seen or read, VSP Global announced today that it has entered into a definitive agreement to acquire Visionworks, subject to completion of regulatory approval. This is an investment that takes a significant leap forward in meeting the expectations of clients who can deliver new patients to our network.
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Questions About Eyeconic Marketing?

VSP Global's recent announcement that it plans to open three brick-and-mortar Eyeconic locations has sparked questions, and even some misinformation out in the marketplace, specifically around how Eyeconic is marketing to VSP members, our patients.
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Shaping the Future Together: SHiFT18 and Beyond

I spent a few days at SHiFT18, the annual VSP Global Premier Program meeting, connecting with colleagues from across the country.
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VSP Retail: A Strategic Move to Secure (Continued) Patient Access for VSP Network Doctors

As you’ve been hearing (and reading) over the past several months, our industry is shifting.
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Contact us

Please direct questions to doctorquestions@vsp.com.

If you’re interested in VSP Ventures opportunities, please reach out to our team directly at VSPVentures@vspglobal.com.