james: Procedure revs are received the quarter following the actual procedures. Since U.S. volume was about 35,000-40,000 in 1997Q1 (according to Visx Q2 conference call, I believe), and case volume has doubled since then, it's safe to assume we're at the 70,000 quarterly level by now.
By the way, Laser Vision Centers' U.S. case volume doubled from 97Q1 to Q2, and again from 97Q2 to Q3. Beacon's grew 70% from July to August, I believe, and LCA-Vision's grew 44% from 97Q1 to Q2. Visx's astigmatism approval effects are just now kicking in, and Summit is still waiting for its astigmatism approval... |
