The ophthalmic practice of Peoria in the area will be closed next month due to increasing costs and financial problems.
Bond Eye Associates has announced that its practice, which was opened in 1981, will be completed on June 27, after the company faced “unforeseen financial challenges, increasing operating costs and problems with the restoration of insurance,” according to a statement by William Bond, Medical Director of Practice.
The practice has two places – in Peoria at 6800 North Knoxville Ave. And in Pecin on 725 North 14th St.
Stephanie McCartney, the practice administrator, said the change last year in the structure of Medicaid fees led to a decrease in their recovery, which she noted was a large part of their work.
“This went from $ 287 to $ 87 for some procedures we do,” McCartney said. “Some insurance companies do not restore us at all. We still have claims that have not been paid since October last year. With the price of everything that is rising and we do not receive any refunds, they have taken a fee. We cannot allow ourselves to continue.”
McCartney said they continue negotiations to bring the practice of taking care of vision at their place on Pekin, and nothing has been finalized by Wednesday. However, Roger Adler’s patients are asked to find other caution for their eyes.
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Adler told The Journal Star on Tuesday that he plans to continue practicing eye care under Kamal Kishor with Illinois Retina & Eye Associates, serving both Peoria and La Salle-Peru.
Patients with head and neck pain will continue to have the services of Kimberly Lopez in Carle Health Pekin Pain Clinic.
The practice asks patients to contact their insurance company to seek a new provider or to consult the doctor to direct the doctor to help find a new ophthalmologist to cure them. Practice will help patients transfer their medical documents to a new place.
McCartney said insurance checking is important for patients who are transferred from the bond, as they were the only Downstate opticometers that take all insurance plans.
“Someone, for example, who has a better health of Aetna, the area that can be seen is close to Chicago,” McCartney said. “There is no one else in this area, so this is a very directive for their insurance and they have to contact their insurance company to see who can see them.”
Adler said on Wednesday that he was fortunate enough to work with Bond in the last 11 years, noting that he and Bond, who retired in 2024, were complemented well through their various specialties – cataracts and refraction surgery for the bond, Retina work for Adler.
