American Shared Hospital Services · AMEX:AMS
American Shared Hospital Services — Investor Presentation (September 2019)
17 slides from American Shared Hospital Services's investor presentation, Sep 24, 2019
Slide 1: American Shared Hospital Services: Making the Best Healthcare Technology Accessible
American Shared Hospital Services Making the Best Healthcare Technology Accessible September 2019 NYSE American: AMS
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation may be deemed to contain certain forward - looking statements with respect to the financial condition, results of operations and future plans of American Shared Hospital Services (including statements regarding the expected continued growth in volume of the ME
Slide 3: Overview
Overview 3 American Shared Hospital Services has an over 30 - year track record of leasing state - of - the - art medical equipment to hospitals and medical centers in the United States and abroad . Through GK Financing, LLC (GKF), our 81 % owned subsidiary, we are the worldwide leader in Gamma Knif
Slide 4: Investment Highlights
Investment Highlights 4 NYSE American: AMS + Pioneer in single room Proton Beam Radiation Therapy (PBRT) services + World leading supplier of Gamma Knife services + Long - standing alliances with premier cancer centers + Large market opportunities Proton Therapy has low market penetration Advanced r
Slide 5: Respected Management Team With Deep Experience
Respected Management Team With Deep Experience 5 MANAGEMENT TEAM Years of Healthcare Experience Ernest A. Bates, M.D. Founder, Chairman and CEO 30+ Craig K. Tagawa COO and CFO 30+ Ernest R. Bates V.P., Sales and Business Development 10+ Alexis Wallace Controller 10+ NYSE American: AMS
Slide 6: Highly Regarded Customers
Highly Regarded Customers* 6 + UC San Francisco Medical Center + Methodist Hospital: San Antonio, TX + Johns Hopkins Medical Center: Baltimore, MD + Yale - New Haven Hospital: New Haven, CT + Kettering Medical Center: Kettering, OH + Lovelace Medical Center: Albuquerque, NM + Northern Westchester Ho
Slide 7: Proven Business Model
Proven Business Model 7 + Structured as an alternative leasing company + Offer Innovative financing features not available from traditional finance companies + Long Term Agreements Typically 10 years + Revenue Sharing or Fee Per Use No minimum volume guarantees ASHS’ RESPONSIBILITIES + Acquire equip
Slide 8: Current Business Status
Current Business Status 8 + Identifying healthcare technology investment opportunities with long term growth potential + In negotiations for 2 additional PBRT installations + Gamma Knife Completed first Icon upgrade + Identifying additional international opportunities NYSE American: AMS
Slide 9: Growing Contribution from Proton Therapy
Growing Contribution from Proton Therapy 9 16.1 14.5 16.1 16.1 14.8 13.6 2.1 4.1 5.0 1.5 0.9 0.4 0.5 0.6 1.1 $0 $5 $10 $15 $20 $25 2013 2014 2015 2016 2017 2018 GKF PBRT IGRT Revenue Summary 2013 – 2018 $ / Millions NYSE American: AMS
Slide 10: Expansion Opportunities
Expansion Opportunities + Develop single and two room proton beam radiation therapy centers with major hospitals + MR Guided Linac + Community Hospitals + International + Latin America initially 10 NYSE American: AMS
Slide 11: Proton Radiation Therapy
Proton Radiation Therapy 11 + Commercial & Profitable: Single room proton beam radiation therapy centers + Significantly reduced average cost / treatment room to $30 - $40M + ASHS provider is Mevion Medical Systems + Partner: The Marjorie and Leonard Williams Center for Proton Therapy at UF Health C
Slide 12: Photon vs. Proton
Photon vs. Proton 12 Pediatric Medulloblastoma Photon Beam Delivery Proton Beam Delivery PBRT Delivers a Full, Even Dose % Dose Recommended NYSE American: AMS
Slide 13: PBRT U.S. Market Opportunity
PBRT U.S. Market Opportunity 13 + Currently only 30 PBRT centers* Current capacity ~90 rooms + 4 PBRT centers under construction or in development* + Only 7% to 14% of projected capacity is currently available for treatment ASHS projected capacity required - 635 – 1,270 rooms** + Each additional tre
Slide 14: Low Market Penetration
Low Market Penetration 14 PBRT CAPTURE RATE 15% 2 30% 3 Number of radiation therapy patients annually in the U.S. 1 1,057,470 1,057,470 Percent of radiation therapy patients eligible for PBRT 15% 30% Number of potential PBRT patients in the U.S. 158,600 317,241 Potential PBRT room market* 635 1,270
Slide 15: Gamma Knife Radiosurgery Equipment
Gamma Knife Radiosurgery Equipment 15 + World’s leading supplier U.S. market share ~13% + Gold standard equipment for cranial radiosurgery Non - invasive alternative to surgery for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia (facial pain) + Typically improves p
Slide 16: Key Takeaways
Key Takeaways 16 + Pioneer in single room Proton Beam Radiation Therapy (PBRT) services + World leading supplier of Gamma Knife services + Long - standing alliances with premier cancer centers + Large market opportunities Proton Therapy has low market penetration Advanced radiation therapy devices +
Slide 17: Thank You! For Further Information Contact
Thank You! 17 For Further Information Contact: Craig Tagawa COO and CFO ctagawa@ashs.com (415) 788 - 5300 www.ashs.com NYSE American: AMS American Shared Hospital Services Making the Best Healthcare Technology Accessible
American Shared Hospital Services — Investor Presentation (September 2019) on 6ix