Category: Software/Services

LCA-Vision Reports 30% Increase in Fourth Quarter 2011 Procedures

LCA-Vision Inc. (NASDAQ: LCAV - News), a leading provider of laser vision correction services under the LasikPlus® brand, today reported that 14,205 procedures were performed during the fourth quarter of 2011, an increase of 30% compared with 10,891 procedures during the fourth quarter of 2010.  Same-store procedures increased by 33% from 10,671 procedures during the fourth quarter of 2010, the fifth consecutive quarter of year-over-year same-store procedure growth.

"We are delighted with the 30% year-over-year growth in procedures, and our discussions with industry sources support our belief that we again gained market share during the quarter," said LCA-Vision Chief Operating Officer David L. Thomas . 

"While focusing on improvements in our core business, we are embarking on a diversification strategy to further support future growth and profitability by expanding into cataract and premium intraocular lens (IOL) surgeries, as well as adding a co-management offering that could provide a referral base for LASIK, cataract and premium IOL patients."

LCA-Vision will release fourth quarter 2011 financial results prior to market opening on Tuesday, February 14 , 2012.  A conference call and webcast to discuss the results also will be held on Tuesday, February 14, 2012 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: 36819341.

About LCA-Vision Inc./LasikPlus®
LCA-Vision Inc., a leading provider of laser vision correction services under the LasikPlus® brand, operates 53 LasikPlus® fixed-site laser vision correction centers in 26 states and 41 markets in the United States.  Additional company information is available at www.lca-vision.com and www.lasikplus.com.

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For Additional Information
 

Company Contact:
   

Investor Relations Contact:

Barb Kise
   

Jody Cain

LCA-Vision Inc.
   

LHA

513-792-9292
   

310-691-7100