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  September 5, 2001
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Home > Company Index > Health Products & Services > Specialized Health Services > American Shared Hospital Services

American Shared Hospital Services
AMEX: AMS
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 PROFILE
Business "is" brain surgery for American Shared Hospital Services (ASHS). The company owns 81% of GK Financing (GKF), which offers financing and service for the Leksell Gamma Knife, a noninvasive surgical device that uses gamma rays to destroy brain tumors without harming surrounding tissue. Sweden-based Elekta, which makes the Gamma Knife, owns the other 19% of GKF. GKF usually leases the Gamma Knife units on a per-use basis; it has contracts for units installed in 10 hospitals in the US, with more in development in Brazil and Peru as well as in the US. ASHS is also developing a line of surgical suites, The Operating Room for the 21st Century (OR21). Chairman and CEO Ernest Bates owns about 40% of the firm.

 COMPETITION
InSight Health Services Corp. (IHSC)
Photoelectron Corporation (PHX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9.30
1-Yr. Sales Growth: 29.2%
Employees: 8
Revenue per employee: $1,162,500.00

 KEY PEOPLE
• Ernest A. Bates
    CEO
• Craig K. Tagawa
    CFO

 CONTACT INFO
2 Embarcadero Center, Ste. 2370
San Francisco, CA 94111
US
Phone: 415-788-5300
Fax: 415-788-5660
Online: Web Site

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