Market Research Report: Versant Health

Company Overview

Name and Mission

• Company Name: Versant Health

• Mission: To help members enjoy the wonders of sight through healthy eyes and vision.

Historical Background

• Founded Year: No specific founding year for Versant Health, but Davis Optical (precursor) was founded in 1917.

• Founders: No information available about the founders of Versant Health.

Key People

• Meredith Ryan-Reid: Chief Executive Officer

• Dr. Michael Yoon: Member, Medical Policy Council

• Darrin Furtado: Vice President of Underwriting

• Hayley Ellington-Buckles: Chief Compliance and Privacy Officer

• Rachel Pokay: Head of Brand Activation and Market Enablement

• Auston Davis: Chief Information Security Officer

• Neelam Gor, MD: Chair, Medical Policy Council

• Kia Lindsay: Chief Human Resources Officer

• Alan Hirschberg: Executive Leadership Team

Headquarter

• Location: Troy, New York

Additional Information

• Number of Employees: No information available.

• Revenue: No information available.

• Renowned For: Versant Health is known for being one of the nation’s largest administrators of managed vision care, in collaboration with Davis Vision and Superior Vision.

Products and Services

Product Offerings

• Vision Healthcare Solutions: Versant Health provides comprehensive vision care solutions through its networks Davis Vision and Superior Vision, focusing on both commercial third party and government solutions.

Key Features

• Provider Networks: Extensive network of credentialed providers aimed at increasing patient care.

• Member Education Hub: A resource for members to enhance their vision care journey.

• Utilization Management: Accredited by NCQA focusing on evidence-based guidelines to ensure timely and appropriate vision care.

Recent Developments

New Appointments and Leadership Changes

• June 23, 2023: Appointment of a new Chief Growth & Strategy Officer.

• April 11, 2023: Dr. Michael Yoon appointed to the Medical Policy Council.

• Various Dates in 2022 and 2023: Several executives, including CEO Meredith Ryan-Reid, and others joined or were promoted within the company.

Partnerships and Recognitions

• MetLife Acquisition (2021): Versant Health was acquired by the global insurance provider MetLife, indicating strategic growth and consolidation within the industry.

• NCQA Accreditation (January 27, 2022): The company was accredited for its utilization management functions.

Product and Service Innovations

• Vision Wellness Study: Highlighted increasing interest in vision benefits, particularly virtual eye care options.

Strategic Focus

• A strategic focus on growth and improving stakeholder satisfaction across the vision care space.

Conclusion

This report provides an overview and current status of Versant Health, a prominent player in the managed vision care industry. While specific financial figures and employee count are not available, the company has exhibited strategic growth through its leadership and partnerships.

Note: "No information is available" has been stated for sections where explicit details were not found in the provided data.