Healthcare Equipment and Supplies
Company Overview of WaveTec Vision Systems, Inc.
WaveTec Vision Systems, Inc. develops intraoperative wave front technology solutions for refractive cataract surgeons. Its products include a custom cataract system, which is an intraoperative wave front aberrometer that analyzes imperfections in the way light passes through the eye and enables eye surgeons to measure the refractive value of the eye during cataract surgery; and VerifEye monitoring system that enables ophthalmic surgeons to confirm eye stability prior to measurement by providing streaming refractions in a preview screen. WaveTec Vision Systems, Inc. was formerly known as AMT Technologies Corp. The company was incorporated in 1997 and is based in Aliso Viejo, California.
Aliso Viejo, CA 92656
Founded in 1997
Key Executives for WaveTec Vision Systems, Inc.
Chief Executive Officer and President
Vice President of Clinical Outcomes and Professional Relations
Consultant and Clinical Advisor
Compensation as of Fiscal Year 2014.
WaveTec Vision Systems, Inc. Key Developments
WaveTec Vision's Ora System(R) with VerifEye(TM) Sets New Standard for 21st Century Medicine
Apr 23 14
WaveTec Vision Systems, Inc. is setting the new standard for 21(st) Century Medicine with its proprietary ORA System(R) with VerifEye(TM). By delivering on the promise of patient- and provider-centered healthcare, the ORA System has successfully reduced costly cataract surgery retreatments by 50%. Because ORA helps refine refractive outcomes, surgeons have greater confidence in premium IOLs and has resulted in added annual revenue of $186,000 for users. This and other new data will be released at this week's American Society of Cataract and Refractive Surgery (ASCRS) Annual Symposium and Congress in Boston. The ORA System optimizes intraoperative wavefront data during cataract surgery to calculate IOL power. It is the technology of choice for high-volume cataract surgeons nationwide who use it to provide critical feedback and guide premium IOL selection. The ORA System has captured 4% of overall U.S. cataract surgery volume and made a significant impact in the premium intraocular lens (IOL) channel. More than 140,000 cataract procedures have been performed to date with the ORA System, which has been tested, refined and optimized with over 10 software/hardware upgrades in the past three years. VerifEye is the most significant upgrade yet to the ORA System. VerifEye enables surgeons to confirm that the eye is stable prior to the measurement by providing streaming refractions in the preview screen, which surgeons consider a tremendous benefit.
Wavetec Vision Announces the Commercial Launch of VerifEye(Tm) for the ORA System(R)
Jul 9 13
WaveTec Vision announced that its highly anticipated VerifEye(TM) monitoring system is available commercially. VerifEye is a hardware upgrade for the proprietary ORA System(R), which is used by ophthalmic surgeons worldwide to improve the accuracy of cataract surgery. VerifEye enables surgeons to confirm eye stability prior to measurement by providing streaming refractions in a preview screen. Surgeons consider this a significant benefit - one that is translating into more precise surgery, more refined visual outcomes and more satisfied cataract surgery patients.
WaveTec Vision Announces VerifEye
Apr 16 13
WaveTec Vision's proprietary ORA System(R), which is now being used to improve the accuracy of cataract surgery in more than 5,000 procedures each month, is undergoing a significant upgrade that provides critical feedback on eye stability. VerifEye(TM) is a new monitoring system that provides ophthalmic surgeons continuous refractive information for more refined visual outcomes. With the ORA System relied on by high-volume cataract surgeons nationwide, WaveTec has increased its annual projection for ORA-Guided cataract surgery to more than 60,000 procedures for the year. This represents roughly 2% of all U.S. cataract procedures, after only 16 months of commercialization. VerifEye is the most significant upgrade yet to the ORA System. VerifEye enables surgeons to confirm that the eye is stable prior to the measurement by providing streaming refractions in the preview screen, which surgeons consider a tremendous benefit.
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