American Shared Hospital Services Announces Executive Changes, Effective on October 1, 2020
September 16, 2020 at 08:00 am
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The Board of Directors of American Shared Hospital Services announced the following realignment of management duties, effective October 1, 2020. Craig K. Tagawa will assume the title of President, in addition to his current positions as Chief Operating and Financial Officer and Assistant Secretary. Ernest R. Bates will be promoted to Senior Vice President and will lead International Operations in addition to his current Sales and Business Development duties. Alexis Wallace, currently the Company’s Controller, will become Chief Accounting Officer. Ernest A. Bates, M.D., founder and Executive Chairman of the Board of Directors, commented, “On behalf of the Board of Directors the company welcome Ray as the company’s CEO and look forward to his further contributions in this important role. Having worked alongside Ray on the Board since 2009, the Directors are confident in his abilities to expand AMS’ opportunities and future growth.
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.
AMERICAN SHARED HOSPITAL SERVICES 
