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21st
Century Oncology, Inc. is a leading developer and operator
of radiation therapy centers. These centers, which are
freestanding
and hospital based, provide a full spectrum of radiation
therapy services to cancer patients, including conventional
external
beam radiation treatments and advanced services such as prostate
seed implants and 3D conformal treatment planning. In its
almost 20 years of operation, the Company has developed
an
operating model which enables the Company's centers to deliver
high quality, cost effective patient care. Currently, the
Company operates 49 centers clustered into regional networks
in Alabama, Delaware, Florida, Kentucky, Maryland, New York, Nevada, and North Carolina.
The Company's
centers focus exclusively on providing radiation therapy.
21st Century Oncology believes its centers are differentiated from competitors
by their high standard of quality patient care and service,
their ability to provide a full spectrum of advanced treatments
and their efficient operations. Additionally, the Company's
senior radiation oncologists are nationally recognized for
excellence and leadership in the field of radiation oncology.
For example, one of the oncologists is a past President of
the American College of Radiation Oncology, and four of the
oncologists are current board members. These attributes have
enabled the Company to increase its referrals from physicians,
as well as to continue to recruit highly regarded radiation
oncologists, which allows further expansion of the Company's
regional networks of radiation therapy centers.
The
Company has developed an operating model based on standardized
operating procedures. Its radiation oncologists have developed
proprietary clinical pathways that enable its centers to deliver
cost effective, high quality patient care. This standardized
operating model, which includes manuals, policies and documented
procedures, ensures uniformity and efficiency of operation
among the centers. The Company's cancer registry of over 30,000
treated patients (one of the largest domestic cancer patient
databases) and its ability to conduct real-time peer review
over a proprietary wide area network, are key components to
developing of clinical pathways by the radiation oncologists.
The Company believes its systems have been proven over time
which enables it to operate efficiently its existing centers,
develop successfully its new centers and integrate acquisitions.
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