Marine Hospital Service

American Shared Hospital Services Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Proton, AMS, EBITDA, Three Months, NYSE, Proton therapy, SAN, ASTRO, Investment, Orlando Health, Marketing, Webcast, Marine Hospital Service, MD Anderson Cancer Center, Conference, Cancer, Growth, Original equipment manufacturer, Nine Months, LINAC, Society, Overalls, Pharmaceutical industry, Video game, Cryptocurrency, Clothing, Lithium, Life insurance, Esprit, Radiosurgery, Neuroscience

SAN FRANCISCO, CA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Operating income for the third quarter of 2023 was $90,000 compared to operating income of $448,000 in the third quarter of 2022.
  • Adjusted EBITDA, a non-GAAP financial measure, was $1,669,000 for the third quarter of 2023, compared to $1,966,000 for the third quarter of 2022.
  • Net income attributable to American Shared Hospital Services in the third quarter of 2023 was $118,000, or $0.02 per diluted share, compared to net income of $316,000, or $0.05 per diluted share, for the third quarter of 2022.
  • Adjusted EBITDA, a non-GAAP financial measure, was $1,669,000 for the third quarter of 2023, compared to $1,966,000 for the third quarter of 2022.

GK Financing LLC, a Subsidiary of American Shared Hospital Services, Provides Gamma Knife ICON Upgrade to Providence Swedish Radiosurgery Center, Seattle, WA

Retrieved on: 
Wednesday, September 6, 2023
Radiation, AMS, GK, ICON, Lightning, Patient, SAN, Radiosurgery, Marine Hospital Service, NYSE, Scan (company), Medical imaging, Nursing

SAN FRANCISCO, CA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), a leading provider of creative financial and turnkey technology solutions for advanced radiosurgery and radiation oncology services, announced today that a recent upgrade, which included a new source reload, at Providence Swedish Radiosurgery Center has been completed and is now in clinical use. The new purchase agreement for GKF to upgrade the then current Gamma Knife Perfexion to the Gamma Knife ICON was signed earlier this year.

Key Points: 
  • The new purchase agreement for GKF to upgrade the then current Gamma Knife Perfexion to the Gamma Knife ICON was signed earlier this year.
  • Peter Gaccione, CEO of American Shared Hospital Services and President of GK Financing (GKF), commented, “Providence Swedish Radiosurgery Center has provided Gamma Knife radiosurgery for 13 years.
  • When they needed to upgrade to newer Gamma Knife technology, the team at GKF were able to put together a creative purchase plan that met their financial needs and allowed the Center to upgrade to the Gamma Knife ICON.
  • Mary Monahan, Administrator, Providence Swedish Radiosurgery Center, said, “Our site went through a Gamma Knife reload/upgrade from Perfexion to ICON.

GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces New Agreement with Methodist Hospital

Retrieved on: 
Monday, August 14, 2023
Partnership, AMS, GK, Quality of life, Radiosurgery, Patient, SAN, Marine Hospital Service, Methodist Hospital, NYSE, Methodist Hospital (San Antonio), Medical imaging, Esprit

SAN FRANCISCO, CA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), a leading provider of creative financial and turnkey technology solutions for advanced radiosurgery and radiation oncology services, announced today that it has extended its current agreement with Methodist Hospital, of San Antonio, Texas. The new agreement includes replacing its current Gamma Knife® Perfexion™ system with Esprit, Elekta’s newest Gamma Knife radiosurgery system.  GKF expects to complete the installation by year end 2023 or early in 2024.

Key Points: 
  • The new agreement includes replacing its current Gamma Knife® Perfexion™ system with Esprit, Elekta’s newest Gamma Knife radiosurgery system.
  • Peter Gaccione, CEO of American Shared Hospital Services and President of GK Financing, commented, "Our longstanding partnership of 25 years with Methodist Hospital San Antonio will continue to grow with the replacement of their current Gamma Knife to the new Esprit system.
  • Patients treated with Esprit can maintain their quality of life and go back to what they love doing after radiosurgery.
  • We look forward to bringing this new technology to San Antonio that will benefit patients in their fight against cancer.”

American Shared Hospital Services Reports Fourth Quarter and Year End 2022 Financial Results

Retrieved on: 
Friday, March 24, 2023
PBRT, Marketing, Proton therapy, Elekta, AMS, Overalls, GK, Cancer, ICON, PT, The Twelve Months, Lightning, EBITDA, LINAC, Patient, SAN, Radiosurgery, Webcast, CFO, Marine Hospital Service, Orlando Health, Three Months, MD Anderson Cancer Center, NYSE, Cryptocurrency, Pharmaceutical industry, Video game, Lithium

SAN FRANCISCO, CA, March 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –  American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced financial results for the fourth quarter and twelve months ended December 31, 2022.

Key Points: 
  • Adjusted EBITDA, a non-GAAP financial measure, was $2,161,000 for the fourth quarter of 2022, compared to $2,150,000 for the fourth quarter of 2021.
  • Net income attributable to American Shared Hospital Services was $1,328,000, or $0.21 per diluted share, compared to net income attributable to American Shared Hospital Services of $194,000, or $0.03 per diluted share, for 2021.
  • Net income attributable to American Shared Hospital Services in the fourth quarter 2022 was $246,000, or $0.04 per diluted share, compared to net income of $219,000, or $0.04 per diluted share, for the fourth quarter of 2021.
  • Adjusted EBITDA, a non-GAAP financial measure, was $2,161,000 for the fourth quarter of 2022, compared to $2,150,000 for the fourth quarter of 2021.

LiveOnNY Staff Recognized for Saving Lives Through Organ and Tissue Donation with the Prestigious DAISY Team Award for Extraordinary Nurses

Retrieved on: 
Tuesday, May 10, 2022
Emergency department, Degenerative disease, Population, Critical care, UNOS, Immune system, ANP, Transplant, RN, MS, Eye, Idiopathic disease, Patient, United Network for Organ Sharing, Organization, Overmyer Network, Family, Perioperative, Hospital, Mount Sinai Health System, Immune thrombocytopenic purpura, ITP, Hospital Sisters Health System, Memory, DAISY, Palliative care, Marine Hospital Service, Life, CEO, OPO, Multimedia, Medicine, Nursing, Astoria Sanitarium

NEW YORK, May 10, 2022 /PRNewswire/ -- LiveOnNY was presented with the prestigious DAISY Team Award for Extraordinary Nurses in recognition of the myriad ways the organ procurement organization partners with Mount Sinai Queens to go above and beyond to honor, save and change lives through organ and tissue donation. The individual award was presented to Brian Papszycki, Director of Hospital Services at LiveOnNY and the team award was presented to LiveOnNY staff and also to members of the Mount Sinai Queens emergency department, intensive care, operating, perioperative and palliative care teams for working as an interdisciplinary team to support organ and tissue donation.

Key Points: 
  • We could not do what we do without the interdisciplinary teams that partner with us every day in our hospitals to change and save lives through organ and tissue donation.
  • I am proud of the LiveOnNY and Mount Sinai Queens staff for working hand-in-hand to deliver the gift of life and honor our organ donor heroes.
  • The DAISY Team Award started in 1999 and is an international recognition given by over 5,000 healthcare organizations today.
  • LiveOnNY is a nonprofit, federally designated organ procurement organization (OPO) dedicated to saving lives, providing comfort, and strengthening legacies through organ, eye, and tissue donation.