| Business Summary | | American
Shared
Hospital
Services
provides
Gamma
Knife
stereotactic
radiosurgery
services
to
eight
medical
centers
in
seven
states.
The
Company
provides
these
services
through
its
81%
indirect
interest
in
GK
Financing,
LLC,
a
California
limited
liability
company
(GKF).
The
Company
currently
has
eight
Gamma
Knife
units
operating
at
eight
sites
in
the
United
States.
In
addition,
the
Company
has
signed
agreements
with
four
more
hospitals
that
are
currently
under
development
or
construction,
plus
two
signed
contracts
that
are
subject
to
state
regulatory
approval.
The
Company's
first
Gamma
Knife
commenced
operation
in
September
1991.
The
Company's
Gamma
Knife
units
performed
approximately
3,300
procedures
through
December
31,
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | American
Shared
Hospital
provides
Gamma
Knife
radiosurgery
equipment
and
related
service
to
major
hospitals
and
medical
centers,
primarily
on
a
fee-per-use
basis.
For
the
six
months
ended
6/30/01,
revenues
rose
36%
to
$5.7
million.
Net
income
rose
14%
to
$603
thousand.
Revenues
reflect
increased
utilization
of
Gamma
Knife
and
the
addition
of
three
Gamma
Knife
units.
Earnings
were
partially
offset
by
lower
gross
margins
and
decreased
interest
rates
on
invested
cash. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ernest Bates, 64 Chairman
and CEO | $458K | Willie Barnes, 68 Director
and Corp. Sec. | -- | Craig Tagawa, 47 Senoir
VP, COO and Chief Financial Officer | 292K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|