Weakening economy blamed for drop in eye surgeries
The health care markets are working as demand for eye surgeries falls as the economy weakens, the NY Times reports.
Key graphs:
“We’re forecasting a 17 percent drop for 2008,” said David Harmon, president of Market Scope, an eye surgery market research house.
Mr. Harmon said that when first-quarter data becomes available next month, he expects it to show an even sharper decline in Lasik surgeries than in 2001. That time around, the sour economy led to a three-year slump in the laser procedures, which are typically not covered by insurance.
Lasik — for laser-assisted in situ keratomileusis — typically costs anywhere from $800 to $3,000 or more per eye.
Posted by Donald E. L. Johnson on 04/24/08 at 03:23 PM
Economy • Healthcare Providers • Clinics-Surgery, Diagnostic, Dialysis • Stocks • Stocks Medical • Permalink
Economy • Healthcare Providers • Clinics-Surgery, Diagnostic, Dialysis • Stocks • Stocks Medical • Permalink
