CINCINNATI, Jan. 3, 2013 /PRNewswire/ -- LCA-Vision Inc. (NASDAQ: LCAV), a leading provider of laser vision correction services under the LasikPlus® brand, today reported that 11,613 procedures were performed during the fourth quarter of 2012, compared with 14,205 procedures performed during the fourth quarter of 2011.
"We believe that fourth quarter procedure volume was negatively impacted by consumer uncertainty about the "fiscal cliff" automatic tax increases and spending cuts, as well as by Hurricane Sandy as 16 LasikPlus® vision centers are located in the affected region. We also faced a very difficult comparison with the prior-year period in which year-over-year same-store procedures grew 33 percent and total procedures increased 30 percent," said LCA-Vision Chief Financial Officer Michael J. Celebrezze. "Our actions to support patient acquisition in the current market environment include refining messages and optimizing methods of delivery under our direct-to-consumer model and expanding our partner network of optometrists and other eye health professionals as referral sources."
LCA-Vision will release fourth quarter 2012 financial results prior to the market open on Tuesday, February 19, 2013 with a conference call and webcast to follow at 10:00 a.m. Eastern time.
To access the conference call, dial 866-322-1352 (within the United States and Canada), or 706-643-6246 (international callers). The webcast will be available at the investor relations section of LCA-Vision's website. A replay of the call and webcast will begin approximately two hours after the live call has ended. To access the replay, dial 855-859-2056 (within the United States and Canada), or 404-537-3406 (international callers) and enter the conference ID number: 85275830.
About LCA-Vision Inc./LasikPlus®
LCA-Vision Inc., a leading provider of laser vision correction services, owns and operates 55 LasikPlus® vision centers in the United States: 51 full-service LasikPlus® fixed-site laser vision correction centers and four pre- and post-operative LasikPlus® satellite centers.
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For Additional Information
Jody Cain, LHA
SOURCE LCA-Vision Inc.
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