American Shared Hospital Services (AMS) Presents At LD Micro Main Event - Slideshow

Company Overview - American Shared Hospital Services (ASHS) leases medical equipment to hospitals and medical centers[5] - The company is a leader in Gamma Knife unit ownership through its subsidiary GK Financing, LLC (GKF)[5] - ASHS expands its financing model to include Intensity Modulated Radiation Therapy (IMRT) and Proton Beam Radiation Therapy (PBRT)[5] Market Opportunity - Proton Therapy has low market penetration[8] - Only 7%-14% of required Proton Beam Radiation Therapy (PBRT) capacity is currently available for treatment[25] - ASHS projects a need for 635-1,270 PBRT rooms to meet demand[25] - The U S market has 1,057,470 radiation therapy patients annually[27] - 15%-30% of radiation therapy patients are eligible for PBRT, representing 158,600-317,241 potential patients[27] Financials and Business Model - ASHS has operating profitability for 20 of the last 21 years[8] - ASHS structures as an alternative leasing company, offering innovative financing features[13] - ASHS typically has long-term agreements of 10 years with revenue sharing or fee per use[13] - Typical Gamma Knife project cost is $3-$4 million[31]