Exhibit 99.1 American Shared Hospital Services Reports First Quarter 2024 Financial Results - Reports Record Projected Revenue Backlog of $210 million more than doubling following the acquisition of Rhode Island Radiation Therapy Cancer Centers in May 2024 - - Remains on track with opening new Puebla, Mexico center - -Conference Call Today, May 14th at 4:30 pm ET - SAN FRANCISCO, CA, May 14, 2024 ‒ American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technolo ...

Core Viewpoint - American Shared Hospital Services (ASHS) has successfully acquired a 60% majority equity interest in two cancer treatment centers in Rhode Island, significantly enhancing its revenue potential and operational footprint in the U.S. market [2][5]. Financial Impact - The acquisition is expected to add $9-$10 million in annual revenue with a positive net income contribution [2]. - The company's projected revenue backlog has more than doubled from $106 million in 2021 to over $210 million as of May 2024 [3]. Operational Expansion - The acquired facilities include three fully functional radiation therapy cancer centers equipped with advanced technology, strategically located near major health systems in Rhode Island [4]. - The acquisition allows ASHS to maintain and expand radiation therapy services in key demographic areas, ensuring continued patient access to high-quality care [5]. Strategic Importance - The acquisition is viewed as a critical milestone for ASHS, enhancing its growth strategy and capital utilization [5]. - The transaction was facilitated by the bankruptcy of GenesisCare USA, allowing ASHS to step in and prevent potential disruptions in cancer treatment services for approximately 70 patients per day [6]. Partnerships and Future Prospects - ASHS aims to strengthen relationships with local healthcare systems, Care New England and Roger Williams Medical Center, to explore future growth opportunities [6].

Management Changes - American Shared Hospital Services (AMS) has announced changes to its senior management structure, with Ray Stachowiak becoming Executive Chairman and Chief Executive Officer, and Craig Tagawa being promoted to President and Chief Operating Officer [1][4] - Bob Hiatt will remain as Chief Financial Officer, while Ernie Bates and Curtis Ellis will continue in their respective roles [1] New Appointments - Greg Mercurio has been appointed as Senior VP of Radiation Oncology, bringing 20 years of experience in the radiation oncology field, including expertise in Certificate of Need attainment for radiation therapy facilities [2][3] - Ranjit Pradhan has been promoted to Vice President of Customer Advocacy and Global Marketing, with 30 years of experience in healthcare and a background in product management and marketing at major companies [4] Company Overview - AMS is a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, working closely with major global Original Equipment Manufacturers (OEMs) [5]

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- American Shared Hospital Services (NYSE:AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announces the sudden passing of its Chief Executive Officer, Peter Gaccione. Ray Stachowiak, Executive Chairman of American Shared Hospital Services, said, "On behalf of my colleagues at AMS, we are deeply saddened by the unexpected passing of Peter Gaccione ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock No Par Value AMS NYSEAMER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 (Mark One) FORM 10-K ☒ Annual Report Pursuant To Section 13 or 15(d) Of The Securities Exchange Act Of 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 or ☐ Transition Report Pursuant To Section 13 or 15(D) Of The Securities Exchange Act Of 1934 For The Transition Period From _______________To___________ ...

American Shared Hospital Services (NYSE:AMS) Q4 2023 Earnings Conference Call March 28, 2024 12:00 PM ET Company Participants Stephanie Prince - PCG Advisory Raymond Stachowiak - Executive Chairman Robert Hiatt - Chief Financial Officer Conference Call Participants Tony Kamin - Eastwood Partners Michael Cooper - Private Investor Operator Good day and welcome to the American Shared Hospital Services Fourth Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instru ...

Exhibit 99.1 American Shared Hospital Services Reports Fourth Quarter 2023 Financial Results - Acquisition of 3 Rhode Island Radiation Therapy Cancer Centers progressing toward closing- - International Cancer Center equipment upgrade completed in Ecuador, Opening new Puebla, Mexico Center in Q2- - Lease extensions signed at 4 of 10 Gamma Knife customer sites – -Sales Pipeline continues to advance- -Conference Call Thursday, March 28th at 12:00 pm ET / 9:00 am PT - SAN FRANCISCO, CA, March 27, 2024 ‒ America ...

American Shared Hospital Services (NYSE:AMS) Q3 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Stephanie Prince - PCG Advisory Raymond Stachowiak - Executive Chairman Peter Gaccione - Chief Executive Officer Robert Hiatt - Chief Financial Officer Conference Call Participants Tony Kamin - Eastwood Partners Michael Cooper - Private Investor Operator Good day, and welcome to the American Shared Hospital Services Third Quarter 2023 Earnings Conference Call. All participants will ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number 001-08789 American Shared Hospital Services (Exact name of registrant as specified in its charter ...

American Shared Hospital Services (NYSE:AMS) Q2 2023 Results Conference Call August 14, 2023 3:00 PM ET Company Participants Stephanie Prince - PCG Advisory Ray Stachowiak - Executive Chairman Peter Gaccione - CEO Bob Hiatt - CFO Craig Tagawa - President Conference Call Participants Tony Kamin - Eastwood Partners Stephanie Prince - PCG Advisory Operator Good day, and welcome to the American Shared Hospital Services Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event ...