Radiation Therapy Services, Inc. Appoints Antoine A. Agassi as Chief Information Officer

Established Healthcare Executive With 25+ Years of Senior Leadership Experience


FORT MYERS, Fla., Sept. 11, 2012 (GLOBE NEWSWIRE) -- Radiation Therapy Services Holdings, Inc. (the "Company") announced today the appointment of Antoine A. Agassi as Senior Vice President and Chief Information Officer. Mr. Agassi will oversee the Company's information strategy and operations, reporting to Bryan Carey, Vice Chairman and Chief Financial Officer. 

Dr. Daniel Dosoretz, President and Chief Executive Officer of Radiation Therapy Services, commented, "Antoine's addition to our management team as Chief Information Officer will provide us with a highly skilled and experienced information technology leader. As we continue to expand our presence through our integrated cancer care strategy, Antoine's leadership will be instrumental in integrating the systems, processes and records that ensure we are providing the best care and measuring patient outcomes. In addition, as we focus on developing innovative approaches to payment, including bundled payments based upon episodes of care such as our recently announced contract with Humana and the proposal we have presented to CMS, our information systems will be a key factor in driving profitable growth. Antoine's wealth of experience and capabilities are a great addition to our team."

Mr. Agassi added, "I am extremely pleased to join Radiation Therapy Services. The outstanding clinical foundation and significant resources have positioned the company to be the leading provider of integrated cancer care. Coupling this position with innovative approaches to payment reform, as well as more integrated approaches to working with other cancer specialists will present great opportunities for continued growth. I look forward to ensuring the management of systems and solutions to accelerate that growth."

With more than 25 years of senior leadership experience in the healthcare industry, Mr. Agassi is a proven executive with a solid track record of acquiring, integrating and managing large-scale, successful and profitable operations. Most recently, he served as President, Chief Operating Officer and Chief Information Officer of Cogent/HMG, the largest privately held Hospitalists and Intensivists organization in the United States.  During his tenure, Cogent/HMG more than doubled in revenue and profitability. Prior to Cogent/HMG, Mr. Agassi served as founding Director and Chair of the State of Tennessee's Governor eHealth Advisory Council, where his primary focus was developing and implementing electronic medical records (EMRs) across the state.

Previously, Mr. Agassi served as the Chief Technology Officer and the Chief Operating Officer of Spheris (now MModal), a leading global healthcare transcription and technology organization. Prior to that, Mr. Agassi served as the Executive Vice President and Corporate CIO of WebMD Transactions Services, a leading healthcare EDI and revenue cycle company (now known as Emdeon) processing over two billion healthcare transactions annually.

Mr. Agassi earned his MBA from Syracuse University and a Bachelor of Computer Science from the State University of New York.

About Radiation Therapy Services, Inc.

Radiation Therapy Services is a leading provider of advanced radiation therapy and other clinical services to cancer patients primarily in the United States and Latin America. The Company's core line of business is offering a comprehensive range of radiation treatment alternatives, where it focuses on delivering academic quality, cost-effective patient care in a personal and convenient community setting. In total, the Company operates 126 treatment centers, including 95 centers located in 15 U.S. states, strategically clustered in 28 local markets. The Company also operates 30 centers located in South America, Central America, Mexico and the Caribbean, and 1 center located in India. RTSX

Safe Harbor for Forward-Looking and Cautionary Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, completion of the exchange offer and other factors that may be described from time to time in our filings with the SEC. For any of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended.   You are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date stated, or if no date is stated, as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.



            

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