American Shared Hospital Services · AMEX:AMS
American Shared Hospital Services — Investor Presentation (September 2018)
16 slides from American Shared Hospital Services's investor presentation, Sep 27, 2018
Slide 1: Making the Best Healthcare Technology Accessible
September 2018 Making the Best Healthcare Technology Accessible
Slide 2: 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 growt h i n volume of the MEVION S250 system,
Slide 3: Management Team
MANAGEMENT TEAM American Shared Hospital Services 3 MANAGEMENT TEAM Years of Healthcare Experience Ernest A. Bates, M.D. Chairman and CEO 30+ Craig K. Tagawa COO and CFO 30+ Ernest R. Bates V.P. of Sales and Business Development 10+ Alexis Wallace Controller 10+
Slide 4: Corporate Overview
CORPORATE OVERVIEW American Shared Hospital Services 4 + Pioneer in single room Proton Therapy services + Supplier of Gamma Knife services since 1991 + Long - standing alliances with premier cancer centers NYSE American: AMS O/S Shares: 5.7M Share Price (9/18/18): $3.10 Revenue (1H18): $10.5M, +6.2%
Slide 5: Selected Customer List
SELECTED CUSTOMER LIST + UC San Francisco Medical Center + Methodist Hospital: San Antonio, TX + Johns Hopkins Medical Center: Baltimore, MD + Yale New Haven Ambulatory Service: New Haven, CT + Kettering Medical Center: Kettering, OH + Lovelace Medical Center: Albuquerque, NM + Northern Westchester
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS + Operating profitability in 19 of last 20 years American Shared Hospital Services 6
Slide 7: Value Proposition
VALUE PROPOSITION American Shared Hospital Services 7 + Structured as a (alternative) leasing company + Innovative financing features not available from traditional finance companies + Long Term Agreements Typically 10 years + Revenue Sharing or Fee Per Use HOSPITAL ’ S RESPONSIBILITIES + Site costs
Slide 8: Company Strengths
COMPANY STRENGTHS + Identify healthcare technology investment opportunities with long term growth potential + Risk/benefit assessment + Early entry provides higher margin potential American Shared Hospital Services 8
Slide 9: Proton Radiation Therapy
PROTON RADIATION THERAPY + Commercial & Profitable: Single room proton beam radiation therapy center + Partner: The Marjorie and Leonard Williams Center for Proton Therapy at UF Health Cancer Center - Orlando Health American Shared Hospital Services 9 + NOT A NEW technology + Clinically Advantageous
Slide 10: Bragg Peak Phenomena: MV Photons vs SOBP Protons
ASHS - BRAGG PEAK PHENOMENA American Shared Hospital Services 10 15 MV PHOTONS vs SOBP PROTONS
Slide 11: Photon vs. Proton
ASHS - PHOTON VS. PROTON American Shared Hospital Services 11 Photon Beam Delivery Proton Beam Delivery % Dose Recommended 100 50 10 PEDIATRIC MEDULLOBLASTOMA
Slide 12: Large PBRT Opportunity
LARGE PBRT OPPORTUNITY American Shared Hospital Services 12 + Currently only 27 PBRT centers in U.S . Particle Therapy Co - Operative Group. Retrieved from http://www.ptcog.ch/
Slide 13: United States PBRT Market Analysis
PBRT CAPTURE RATE 15% 2 30% 3 Number of radiation therapy patients annually in the U.S. 1 1,011,000 1,011,000 Percent of radiation therapy patients eligible for PBRT 15% 30% Number of potential PBRT patients in the U.S. 151,650 303,300 Potential PBRT room market* 607 1,213 *Assumed 250 patients trea
Slide 14: Proton Therapy Market Analysis
PROTON THERAPY MARKET ANALYSIS + Current Medicare Reimbursement: approximately $1,053 per fraction (daily session). A course of treatment runs 25 - 30 fractions + Established centers typically treat 20 - 40 patients per day, per treatment room American Shared Hospital Services 14
Slide 15: Proton Therapy Financial Analysis
PROTON THERAPY FINANCIAL ANALYSIS + For ASHS, each treatment room offers potential for substantial incremental Revenue and EBITDA American Shared Hospital Services 15
Slide 16: Embarcadero Center, Suite San Francisco, CA 94111 (415) 788 - 5300 www.ashs.com
2 Embarcadero Center, Suite 410 San Francisco, CA 94111 (415) 788 - 5300 www.ashs.com NYSE American: AMS
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