Laser Eye Center of Hawaii in Honolulu has filed for Chapter 11 bankruptcy reorganization, following an announcement that it would close at the end of the month, according to a Star Advertiser report.
The center's bankruptcy filing cites estimated assets and debts at between $500,000 and $1 million. Center surgeons have moved to Aloha Laser Vision, also in Honolulu, where they will continue to offer LASIK surgery and other procedures.
According to the filing, center officials do not anticipate being able to make payments to unsecured creditors, which include two physicians, owed $64,350 and $31,150, AMO Sales and Services, owed $67,120 and Pan Am I, owned $20,370 in rent.
Center manager Dennis Kuwabara cited the economy for the center's closing. Laser Eye Center claimed to be the first laser vision surgery center in Hawaii.
Read the Star Advertiser report on Laser Eye Center of Hawaii.
Read more on recent surgery center news:
-Surgery Center of Wisconsin Rapids Receives AAAHC Accreditation
-New Surgery Center Planned for Colorado's Vail Valley Medical Center
The center's bankruptcy filing cites estimated assets and debts at between $500,000 and $1 million. Center surgeons have moved to Aloha Laser Vision, also in Honolulu, where they will continue to offer LASIK surgery and other procedures.
According to the filing, center officials do not anticipate being able to make payments to unsecured creditors, which include two physicians, owed $64,350 and $31,150, AMO Sales and Services, owed $67,120 and Pan Am I, owned $20,370 in rent.
Center manager Dennis Kuwabara cited the economy for the center's closing. Laser Eye Center claimed to be the first laser vision surgery center in Hawaii.
Read the Star Advertiser report on Laser Eye Center of Hawaii.
Read more on recent surgery center news:
-Surgery Center of Wisconsin Rapids Receives AAAHC Accreditation
-New Surgery Center Planned for Colorado's Vail Valley Medical Center