The group's principal activity is to provide laser vision correction services in North America. The group owns and manages eye care centers with a network of eye care doctors. The two segments of the group are refractive and other. The group provides laser vision correction of common refractive disorders such as myopia (nearsightedness), hyperopia (farsightedness) and astigmatism. Laser vision correction is an outpatient procedure which is designed to change the curvature of the cornea to reduce or eliminate a patient's reliance on eyeglasses or contact lenses. It operates in 62 eye care centers in the United States and 6 centers in Canada. On 15-May-2002, the group merged with laser vision centers inc to form tlc vision corporation. On 12-Mar-2003, the group acquired American eye instruments, inc. Refractive clinics accounted for 86% of fiscal 2002 revenues and other, 14%.
