American Shared Hospital Services Announces Changes to Board of Directors
December 30, 2021 at 08:30 am
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American Shared Hospital Services announced changes to its Board of Directors. The changes, detailed below, will result in five total Board members, one less than currently. The Board has elected two new directors, Kathleen Miles and Vicki L. Wilson, effective December 28, 2021. Sandra A. J. Lawrence resigned from the Board, effective December 24, 2021. Ernest A. Bates, M.D. and David L. Larson, M.D. resigned from the Board, effective December 28, 2021. Dr. Bates and Dr. Larson will both become consultants to the Company. Kathleen Miles currently serves as Chief Counsel, Public Finance, of The PNC Financial Services Group Inc. Ms. Miles has over 20 years of experience in public finance as both a lawyer and a regulator. Vicki L. Wilson currently serves as Deputy Director, Finance and Administration and Chief Fiscal Officer of the State of Illinois Department of Public Health. Ms. Wilson has held numerous positions in finance, risk management and accounting in the public and private sectors, including with organizations and entities in healthcare.
American Shared Hospital Services is a provider of financial and turnkey solutions to cancer treatment centers, hospitals, and large cancer networks worldwide. Its products include MR Guided Radiation Therapy Linacs, Advanced Linear Accelerators, Proton Beam Therapy systems, Brachytherapy systems, and through its GK Financing partnership with Elekta, the Leksell Gamma Knife product and services. PBRT is an alternative to traditional external beam, photon-based radiation delivered by linear accelerators. PBRT treats prostate, brain, spine, head and neck, lung, breast, gastrointestinal tract and pediatric tumors. The Gamma Knife treats selected malignant and benign brain tumors, arteriovenous malformations, and functional disorders including trigeminal neuralgia (facial pain). It typically provides the equipment and planning, installation, reimbursement and marketing support services. It also operates three fully functional turn-key radiation therapy cancer centers in Rhode Island.