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Published on 10 May 2024 on Hospital Management via Yahoo Finance

American Shared Hospital Services acquires interest in cancer centres


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American Shared Hospital Services (ASHS) has acquired a 60% stake in two Rhode Island-based cancer treatment companies and certain payor contracts from GenesisCare USA's Chapter 11 Bankruptcy Estate.

The $2.85m purchase includes interests in the Southern New England Regional Cancer Center and Roger Williams Radiation Therapy, both Rhode Island limited liability corporations.

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