AIQ Alliance Healthcare Services Inc

Alliance Oncology Forms Comprehensive Cancer Care Partnership in Northern Alabama

Alliance Oncology, a division of Alliance HealthCare Services, Inc. (NASDAQ:AIQ), a leading national provider of outsourced healthcare services, announced today the completion of a long-term network partnership agreement, representing six sites of service, between market leaders in oncology; including, physician partners and Huntsville Hospital Health System, one of the nation’s largest public hospital systems serving north Alabama and southern Tennessee. Trailing 12 months of revenue was $21M. This partnership will allow for new and continued growth opportunities within the market.

This agreement will leverage Alliance Oncology’s powerful value proposition including, clinical leadership, nation-wide network of physician partners, and sales and marketing expertise. Alliance together with Huntsville Hospital Health System will continuing to bring the highest standard of care to ensure best-in-class clinical quality and patient experience to the northern Alabama market.

Huntsville Hospital Health System employs 13,000 staff members and operates affiliate facilities across the region, including the main hospital in Huntsville, as well as Huntsville Hospital for Women & Children, Madison Hospital, Athens-Limestone Hospital, Decatur Morgan Hospital, Helen Keller Hospital in Sheffield, Red Bay Hospital, Lawrence Medical Center in Moulton, The Heart Center Inc. of Huntsville and a multi-specialty physician network. “We are excited to enter into a partnership that will help us continue to provide and expand superior quality cancer care to the communities of northern Alabama,” said David Spillers, Chief Executive Officer of Huntsville Hospital Health System.

Alliance Oncology, an industry leader in oncology center development, partners directly with hospitals, physicians and other healthcare providers to establish and operate oncology programs. Providing a full range of service line capabilities, Alliance Oncology’s fully integrated, comprehensive approach to cancer care, affords its partners the speed-to-market, quality clinical outcomes, and operational expertise that sets them apart from the competition.

“We are pleased to bring together an aligned strategy for enhancing cancer care in the northern Alabama market,” said Greg Spurlock, President of Alliance Oncology. “Alliance Oncology’s nationwide experience in managing the administrative, clinical, financial and marketing demands of oncology service lines will benefit the partnership between leading physicians and Huntsville Hospital. We are able to bring world-class cancer care to the community in one delivery system sharing knowledge, technology and best clinical practices.”

About Huntsville Hospital Health System

Huntsville Hospital is a 941-bed hospital that was established in Huntsville, Alabama in 1895. A community-based, not-for-profit institution, Huntsville Hospital is the second largest hospital in Alabama. In recent years, the hospital has expanded its services across the region, becoming the third largest publicly owned hospital system in the nation. Huntsville Hospital Health System employs 13,000 staff members and operates affiliate facilities across the region, including Huntsville Hospital for Women & Children, Madison Hospital, Athens-Limestone Hospital, Helen Keller Hospital in Sheffield, Red Bay Hospital, Decatur Morgan Hospital, Lawrence Medical Center in Moulton, The Heart Center Inc. of Huntsville and a multi-specialty physician network. Huntsville Hospital also owns a 70-bed rehabilitation hospital managed by HealthSouth. Huntsville Hospital is a teaching facility for UAB's Family Practice and Internal Medicine Residency Programs. Huntsville Hospital Health System is governed by the Health Care Authority of the City of Huntsville.

About Alliance HealthCare Services

Alliance HealthCare Services (NASDAQ: AIQ) is a leading national provider of outsourced healthcare services to hospitals and providers. We also operate freestanding outpatient radiology, oncology and interventional services clinics, and Ambulatory Surgical Centers (“ASC”) that are not owned by hospitals or providers. Diagnostic radiology services are delivered through the Radiology Division (Alliance HealthCare Radiology), radiation oncology services are delivered through the Oncology Division (Alliance Oncology), and interventional and pain management services are delivered through the Interventional Division (Alliance Interventional). Alliance is the nation’s largest provider of advanced diagnostic mobile imaging services, an industry-leading operator of fixed-site imaging centers, and a leading provider of stereotactic radiosurgery nationwide. As of September 30, 2016, Alliance operated 619 diagnostic radiology and radiation therapy systems, including 112 fixed-site radiology centers across the country, and 32 radiation therapy centers and SRS facilities. With a strategy of partnering with hospitals, health systems and physician practices, Alliance provides quality clinical services for over 1,000 hospitals and other healthcare partners in 45 states, where approximately 2,400 Alliance Team Members are committed to providing exceptional patient care and exceeding customer expectations. For more information, visit www.alliancehealthcareservices-us.com.

EN
08/11/2016

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