LCA-Vision Inc. Fundamental Company Report Including Financial, SWOT, PESTEL*, Competitors and Industry Analysis

LCA-Vision Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between LCA-Vision Inc. and its competitors. This provides our Clients with a clear understanding of LCA-Vision Inc. position in the Healthcare Industry.

• The report contains detailed information about LCA-Vision Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for LCA-Vision Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The LCA-Vision Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes LCA-Vision Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of LCA-Vision Inc. business.
• * - The report may be supplemented by PESTEL analysis, an ideal tool that helps to uncover external factors influencing the business.

About LCA-Vision Inc.

LCA-Vision Inc. provides fixed-site laser vision correction services at LasikPlus vision centers. The company’s vision centers provide the staff, facilities, equipment, and support services for performing laser vision correction procedures that employ laser technologies to help correct nearsightedness, farsightedness, and astigmatism.

The company’s vision centers are supported by independent, board-certified ophthalmologists and optometrists, as well as other health care professionals. The ophthalmologists perform the laser vision correction procedures in its vision centers, and ophthalmologists or optometrists conduct pre-procedure evaluations and post-operative follow-ups in-center. Its patients receive a procedure called laser-assisted in situ keratomileusis (LASIK), which it performs in the United States.

As of March 30, 2010, the company operated 62 LasikPlus fixed-site laser vision correction centers located in larger metropolitan markets in the United States, including 1 vision center licensed to an ophthalmologist to operate using its trademarks.

Types of Procedures

The company provides primarily two types of procedures in its vision centers:

PRK and Surface Ablation: The U.S. Food and Drug Administration (FDA) approved PRK for commercial use in the United States. In PRK procedures, the ophthalmologist removes the thin layer of cells covering the outer surface of the cornea (the epithelium) in order to apply the excimer laser pulses directly to the surface of the cornea. Following the PRK procedure, the ophthalmologist places a contact lens bandage on the eye to protect it. Ophthalmologists also perform Epi-LASIK or LASEK, in which a portion of the surface tissue is lifted from the eye prior to laser treatment and then replaced.

LASIK: In LASIK procedures, the company’s surgeons use a femtosecond laser to create a thin flap, which remains hinged to the eye. The surgeon then lays back the corneal flap and applies excimer laser pulses to the exposed surface of the cornea to treat the eye according to the patient’s prescription. The physician then folds the corneal flap back to its original position and inspects it to ensure that it remains secured in position by the natural suction of the cornea. The LASIK procedure allows an ophthalmologist to treat both eyes of a patient during the same visit and produces prompt results, frequently enabling patients to see well postoperatively almost immediately.

Suppliers

The company’s suppliers are Abbott Medical Optics (AMO) and Alcon Inc. It depends primarily on AMO and McKesson Corporation to provide with patient interface kits and other disposable items required in LASIK procedures.

Competition

Corporate laser vision correction providers, such as LasikPlus, are a specialized type of provider, operating multi-site eye care centers that primarily provide laser vision correction. The company also competes with TLC Vision Corporation.

History

LCA-Vision Inc. was founded in 1985.