LCA-Vision Reports Drop in Second Quarter 2013 Procedure Volume

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CINCINNATI— LCA-Vision Inc. (NASDAQ: LCAV), a leading provider of laser vision correction services under the LasikPlus brand, today reported that 12,994 procedures were performed during the second quarter of 2013, compared with 14,415 procedures performed during the second quarter of 2012.

"We primarily attribute the decline in procedure volume to the lowering of the maximum contribution for flexible spending accounts under the federal Patient Protection & Affordable Care Act," said LCA-Vision chief executive officer Michael J. Celebrezze.

"A survey of previous LasikPlus patients conducted earlier this year showed that the contribution limit, which took effect at the beginning of 2013, is putting approximately 10 percent of prospective LasikPlus® patients at risk for not moving forward with the procedure. We expect that the contribution limit for flexible spending accounts will have a comparable percentage impact on procedure volume throughout the current year," he said.

-Vision will release second quarter 2013 financial results prior to the market open on July 30, 2013 with a conference call and webcast to follow at 10:00 a.m. ET. To access the conference call, dial (866) 322-1352 (within the U.S. and Canada) or (706) 643-6246 (for international callers). The webcast will be available at the investor relations section of LCA-Vision's website.