-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HSGYs3WuS9BXBg33SCGSPee11uYZwb3pSdSh65EYq279ZVlTOwwEIg/0XeuQd8gu BibF2q/nKm1Qjn/9+FFrKQ== 0000906318-99-000072.txt : 19990708 0000906318-99-000072.hdr.sgml : 19990708 ACCESSION NUMBER: 0000906318-99-000072 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990706 ITEM INFORMATION: FILED AS OF DATE: 19990707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LCA VISION INC CENTRAL INDEX KEY: 0001003130 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC [8093] IRS NUMBER: 112882328 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27610 FILM NUMBER: 99660060 BUSINESS ADDRESS: STREET 1: 7840 MONTGOMERY RD CITY: CINCINNATI STATE: OH ZIP: 45236 BUSINESS PHONE: 5137929292 MAIL ADDRESS: STREET 1: 7840 MONTGOMERY ROAD CITY: CINCINNATI STATE: OH ZIP: 45236 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) July 6, 1999 LCA-Vision Inc. (Exact name of Registrant as specified in its Charter) Delaware 0-27610 11-2882328 (State or other (Commission (IRS Employer jurisdiction File No.) Identification Number) of incorporation) 7840 Montgomery Road, Cincinnati, Ohio 45236 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (513)792-9292 N/A (Former name or former address, if changed since last report) Item 5. Other Events On July 6, 1999 the Registrant issued the attached press release announcing that second quarter laser eye procedures were performed at a record level and that the U.S. wholly owned same-center volume increased by 87%. Item 7. Financial Statements and Exhibits (a) Exhibits 99.1 Press Release dated July 6, 1999 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LCA-VISION INC. Date: July 7, 1999 By:/s/Larry P. Rapp ----------------------------- Larry P. Rapp, Chief Financial Officer COMPANY CONTACTS INVESTOR RELATIONS CONTACTS - ---------------- --------------------------- LCA-Vision Inc. Lippert/Heilshorn & Associates, Inc. Stephen N. Joffe, Chairman Bruce Voss (Bruce@lhai.com) & CEO (310) 575-4848 Larry Rapp, VP-Finance Ruth Abeshaus (Ruth@lhai.com) & CFO (212) 838-3777 (513) 792-9292 FOR IMMEDIATE RELEASE LCA-VISION REPORTS RECORD PROCEDURES OF 9,742 FOR 2Q 1999 - -U.S. Wholly Owned Same-Center Volumes Increase 87% - CINCINNATI, July 6, 1999 --- LCA-Vision Inc. (NASDAQ NM: LCAV), a leading U.S. based provider of laser vision correction services, today reported procedure volume for the three months ended June 30, 1999. The Company announced wholly owned same-center procedure volume increased 78% to 8,365 procedures, compared with 4,692 procedures for the comparable 1998 period. The Company's U.S. wholly owned same-center volume increased 87% to 8,012 procedures, compared with 4,291 procedures for the comparable 1998 period. The Company's total procedure volume for the second quarter of 1999 increased 76% to 9,742 compared with 5,538 procedures for the comparable period in 1998. "We are pleased to report that this our 11th consecutive quarter of record procedure growth. We expect as more and more consumers become aware of the laser vision correction arena and patient confidence in procedure outcomes increases, this market will continue to expand," commented Stephen N. Joffe, chairman and chief executive officer of LCA-Vision. "The Company recently completed a public offering that contributed over $37 million and we plan to use these proceeds to fuel our regional growth. LCA-Vision continues to build strong networks of leading doctors contributing to our solid industry reputation and increased brand awareness." LCA-Vision operates laser vision correction centers in the U.S., Canada and Europe, which are supported by a network of over 2,200 ophthalmologists and optometrists. Since inception, approximately 70,000 laser vision correction procedures have been performed at the Company's centers. Please see chart below for the quarterly and mid-year procedure comparisons: --more-- LCA-Vision Inc. Same-Center Growth 2Q1999 2Q1998* % Change 1Q1999 % Change ------ ------- -------- ------ -------- U.S. wholly owned procedures 8,012 4,291 87% 7,326 9% Total procedures 9,742 5,538 76% 9,064 8% Six months ended Six months ended 6/30/99 6/30/98** % Change ------- --------- -------- U.S. wholly owned procedures 15,338 7,639 101% Total procedures 18,806 9,800 92% *Please note: Q2 1998 figures exclude 188 procedures performed at centers subsequently closed. **Also note: Figures for the 2nd half of 1998 exclude 387 procedures (procedures from both Q1 & Q2) performed at centers subsequently closed. This release contains forward-looking statements that are subject to risks and uncertainties including, but not limited to, the impact of competition and pricing, procedure demand and marketplace acceptance, and unforeseen fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. # # # -----END PRIVACY-ENHANCED MESSAGE-----