LCA-Vision Reports Decline in First Quarter Procedure Volume for 2013

CINCINNATI—LCA-Vision Inc. (NASDAQ: LCAV), a leading provider of laser vision correction services under the LasikPlus brand, reported that 16,272 procedures were performed during the first quarter of 2013, compared with 20,987 procedures performed during the first quarter of 2012.   "We faced a difficult comparison with the first quarter of 2012 where year-over-year procedure volume increased 11 percent, said LCA-Vision CEO Michael J. Celebrezze. "We also believe that the lowering of the maximum contribution for flexible spending accounts to $2,500 from $5,000, which took effect at the beginning of this year, as mandated under the federal Patient Protection & Affordable Care Act, had a negative impact.   Read the article on VMail