American Shared Hospital Services, Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Impact of the COVID-19 pandemic and associated economic disruptions
- Limited market for Gamma Knife equipment and PBRT systems
- Federal reimbursement rate for Gamma Knife treatments
- Introduction of the RO APM reimbursement model
- High level of debt
- Customer concentration
- Competitive market for services
- International operations risks
- Technological obsolescence
Mitigation Strategies
- Adapting business model to place other types of stereotactic radiosurgery and advanced radiation therapy equipment
- Aggregated purchase of services and capital goods to minimize price increases due to supply chain disruptions
- Refinancing existing debt and finance lease portfolio
- Expanding sales and marketing team and efforts