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Florida Medical Business

 
  OAG, FTC Crack Down On Lasik Vision Institute

Suit claims 'bait and switch' tactics deceptive practice

   
  By LAURIE BARCLAY
 

   “Bargain” LASIK procedures advertised by The Lasik Vision Institute (LVI) may be more than patients bargained for. Not only have higher prices and “bait-and-switch” tactics left them seeing red, but medical complications have left some seeing worse than before undergoing surgery.
   “Very few people actually get the price that is quoted, and I think that’s what really gets people in the door,” said David Cano, MD, public relations chairman of the Florida Society of Ophthalmology. “In the end they end up paying as much, if not more, and may not even be getting as good care as they would get from a regular refractive surgeon.”
   "There's no way in the world you can do laser vision correction at $299 per eye and pay the physician and pay for a laser...It's just fiscally impossible, but you see that ad all the time.  It hurts the entire industry; it cheapens the whole thing" said David Cano, MD.
   Orders issued by the Federal Trade Commission (FTC) and the Florida Office of the Attorney General (OAG), prompted by consumer complaints and media investigations of LVI, suggest deceptive advertising practices with false or exaggerated claims.
    LVI, formerly named the Laser Vision Institute, has advertised $299-per-eye and $499-per eye rates for LASIK surgery in its facilities in many states.  Prospective patients were enticed by the offer, but very few ultimately paid such a low price.  Instead, "consultations" by a sales representative offered much higher prices, as well as sales of additional products.
    LVI was a subsidiary of Musa Holdings, Inc. headquartered in Lake Worth, and owned by three brothers: president Marco Musa, chief executive Max Musa and vice president Marc Andrea Musa.  This company also operated Eyeglass World, a retail chain selling eyeglasses and contact lenses and offering the services of allegedly independent , licensed optometrists who leased space in Eyeglass World's outlet stores.  The Eyeglass World website lists outlet locations in 24 states, including 17 in Florida, and more than 100 LVI centers.  Of the 17 in Florida, eight have the same address as an LVI location listed on the LVI website.
   News releases from August 2004 indicate that LVI is now managed by Vision Care Holdings, LLC, with corporate headquarters in Lake Worth.  It encompasses 31 centers in 22 states nationwide, and performs more than 100,000 LASIK procedures each year.
   According to Amy White, LVI national operations director, Vision Care Holdings, LLC, appointed James Usdan on an interim basis in November 2003 to facilitate the company's management transition from ownership by the Musa family.  Ben Cook, former chief financial officer, now heads the company as chief operating officer.
   "Mr. Cook is committed to carrying out the mission of both LVI and Eyeglass World to provide affordable, quality health care to patients across the U.S.," White said.  "LVI and Eyeglass World are both owned and operated by Vision Care Holdings, LLC.

* For the complete story, call Florida Medical Business circulation department
   at 800-327-3736  ext. 133

Additional Story:
  
Federal Trade Commission Stops Allegedly Misleading Representations for Lasik Eye Surgery.
 
 


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