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All Eye Care P.A. company history timeline

1851

1851 – German physician Hermann von Helmholtz invents the ophthalmoscope, a tool that allows doctors to first see the interior of the human eye.

1862

1862 – Dutch ophthalmologist Hermann Snellen designs and produces the first eye chart.

1887

1887 – Scientists A.E. Ficke and F.A. Mueller experiment with the first contact lenses, made from blown glass.

1888

1888 – The first useable pair of contact lenses is developed.

1910

1910 – Columbia University begins teaching the first-ever college courses on optometry.

1911

1911 – Andrew J. Cross publishes the first book to introduce the theory of retinoscopy, a revolutionary technique that allows examiners to get an objective measurement of a patient’s visual abilities.

1938

1938 – Theo Obrig and John Mullen create the first-known functional pair of plastic contact lenses.

1961

In 1961, Doctor Stanley Pearle transformed the eye care industry. when he opened the first Pearle Vision in Savannah, Georgia.

1974

1974 – Bausch & Lomb introduces the first soft contact lenses to the consumer market.

1981

In 1981, Pearle Vision began offering franchises to optometrists, opticians and investors who were interested in using Pearle Vision’s business model, brand and marketing muscle to build their own businesses.

1984

Growing to National Proportions: 1984-88

1984: Eye Care Centers of America (ECCA) is founded in San Antonio, Texas.

1986

By 1986, Eye Care Centers of America operated 13 optical department stores in Texas and Louisiana under the name EYE PRO Express, Jack V. Gunion serving as president and chief executive officer.

Proceeds from the sale of Eye Care Centers' stock went toward acquiring or opening additional stores, and in the early fall of 1986 Eye Care Centers purchased a second chain of stores, 20/20 Eye Care Inc. of Phoenix, Arizona.

1987

Then, in a turn of events, Eye Care Centers was itself purchased by Chicago-based Sears, Roebuck & Co. in late 1987 as part of the larger company's strategy of shoring up its mature merchandising operations by buying fast-growing specialty stores.

1988

By 1988, Eye Care Centers, along with LensCrafters and Pearle Vision, had become one of the largest optical superchains in the nation.

1988-97: Ongoing Growth Through Acquisitions

By 1988, it had more than doubled its size since having been purchased by Sears.

1993

In 1993, Sears sold Eye Care Centers to Desai Capital Management and a group of the company's executives.

1996

1996: The company acquires Visionworks.

1997

1997: The company acquires Hour Eyes.

1998

1998 – Oklahoma enacts the first law allowing optometrists and ophthalmologists to use lasers for certain treatments, paving the way for LASIK surgery’s current popularity and impact.

In 1998, Boston-based Thomas H. Lee Co. acquired about 90 percent of Eye Care Centers for $325 million.

2001

2001: 500th member joins; Vision Source Representatives program launched

2001: David E. McComas becomes chief executive officer.

2002

2002: Proprietary line of contact lenses introduced

2004

In 2004, it was approaching $400 million.

2004: The company announces its acquisition by Moulin International Holdings Ltd. and Golden Gate Capital.

2005

2005: National coverage achieved with offices in all 50 states and the District of Columbia

2006

2006: Smile Source founded; Vision Source expands to Canada

2007

2007: Proprietary spectacle lenses introduced; First national TV exposure with CIBA Vision Night & Day

2012

2012: 2,652nd member joined Vision Source 1,100 branded member practices are externally branded as Vision Source

2013

2013: IPA formed to contract with Accountable Care Organizations 100th Smile Source office joins 2013 Exchange achieves record attendance of 3,192

2014

2014 100th Smile Source office joins 2014 Vision Source Exchange held in Boston Smile Source joined with ACE, doubling its size 3,000th member joined, Doctor Ben Gaddie

2015

On May 18, 2015, Vision Monday announced that Vision Source was named the 2nd largest optical retailer in the United States

2016

On May 16, 2016, Vision Monday announced that Vision Source was named the 2nd largest optical retailer in the United States

2017

On May 15, 2017, Vision Monday announced that Vision Source was the number one optical retailer in the United States

2022

© 2022 Georgia Eye Physicians & Surgeons, P.C. | Website by McCauley Services, All Rights ReservedDisclaimer: Georgia Eye Physicians and Surgeons, P.C.'s website is intended as educational information and not explicit medical advice.

Vision Source® is a registered trademark of Vision Source® LP 2022 / Website by Avelient

© 2022 Pearle Vision, Inc.

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