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  September 5, 2001
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Home > Company Index > Health Products & Services > Medical Practice Management & Services > OptiCare Health Systems, Inc.

OptiCare Health Systems, Inc.
AMEX: OPT
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 PROFILE
OptiCare Health Systems is an all-around eye care provider. The firm is focused on growing its Laser Correction and Professional Services division. This segment includes the laser vision correction centers that it operates on its own or through management partnerships with physicians; it also provides systems support and management services to about 30 ophthalmology and optometry practices. OptiCare's managed care services division administers vision care benefits for more than five million enrollees in nine states. The firm also has some 75 retail optical stores in the eastern US and is an optical supplies wholesaler.

 COMPETITION
Cole National Corporation (CNJ)
Eye Care Centers of America, Inc. (dossier)
LensCrafters, Inc. (dossier)

 DEALS
Deal: OptiCare Health Systems Acquires Cohen Systems
Date Announced: 10.21.99
Value of transaction (US $Mil): 0
Description: Eye health services provider acquires Internet eye health software company.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 94.60
1-Yr. Sales Growth: 46.4%
Employees: 925
Revenue per employee: $102,270.27

 KEY PEOPLE
• Dean J. Yimoyines
    CEO
• Steven L. Ditman
    CFO

 CONTACT INFO
87 Grandview Ave.
Waterbury, CT 06708
US
Phone: 203-574-2020
Fax: 203-596-2230
Online: Web Site

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