*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor registered financial expert. Please see a financial advisor before making investment decisions.

*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor registered financial expert. Please see a financial advisor before making investment decisions.

American Shared Hospital Services is a medical device company that makes money by leasing medical equipment to healthcare facilities.

It’s a profitable and intriguing small-cap, so let’s take a look.

According to management, their proton therapy device has more room for growth and they’ve been profitable for most of their time.

And the thing that makes them great is that they’re the pioneer in single room Proton Beam Radiation Therapy services.

Because their clientele is impressive, that makes American Shared Hospitality Services a highly regarded company.

If you’re curious about the business model, here it is:

Basically, they lease these machines to hospitals and provide financing options that can make it easier for hospitals to afford them. Because these leases are long, there is more stability in revenue for the company. Since the leases don't charge hospitals based on usage or take a portion of their revenue, it becomes more attractive for hospitals to lease them.

For growth investors wondering if this company has a lot of upside, it seems like they actually might. According to management, American Shared Hospital Services has a large market opportunity for their Proton Beam Radiation Therapy Centers.

And there are expansion opportunities as well

-International growth

-community hospitals

-MR Guided Linac

-developing more rooms in major hospitals

Besides PRBT, they also provide Gamma Knife Radiosurgery Equipment (and they are the world’s leading supplier for it

And here’s more info about PRBT:

-not a new technology

-it helps deliver doses to tumors

-minimizes damage time surrounding tissue

-helps reduce the cost of treatment for patients

Overall, since there looks to be more growth ahead, the technology is beneficial to people, and the company is profitable, making American Shared Hospitality Services an intriguing stock to be bullish on.