AMERICAN ONCOLOGY RESOURCES EXPANDS NETWORK TO TENTH STATE.HOUSTON--(BUSINESS WIRE)--August 17, 1995--American Oncology oncology /on·col·o·gy/ (ong-kol´ah-je) the sum of knowledge regarding tumors; the study of tumors. on·col·o·gy n. Resources, Inc. (Nasdaq: AORI AORI Airfield Obstruction Reduction Initiative ) today announced it had completed a transaction with the James River James River or Dakota River River in the U.S. rising in central North Dakota and flowing southeast across South Dakota. It joins the Missouri River about 5 mi (8 km) below Yankton after a course of 710 mi (1,140 km). Clinic, P.C., an oncology practice on the Virginia Peninsula The Virginia Peninsula is a peninsula in southeast Virginia, bounded by the York River, James River, Hampton Roads and Chesapeake Bay. Hampton Roads is the common name for the metropolitan area that surrounds the body of water of the same name. with offices in Hampton, Newport News Newport News, independent city (1990 pop. 170,045), SE Va., on the Virginia peninsula, at the mouth of the James River, off Hampton Roads, near Norfolk; inc. 1896. and Williamsburg. Terms of the transaction were not disclosed. The transaction includes a management services agreement under which American Oncology Resources will manage the operations of the James River Clinic, purchase non-medical assets, assume non-medical liabilities and assist the Clinic in new practice development. Dr. Lloyd K. Everson, President of American Oncology Resources said, "We are extremely pleased to be associated with the physicians and staff of the James River Clinic. This is a premier oncology practice that has been serving the community for over 20 years. Each of the physicians in the group is committed to the highest quality, comprehensive patient care, and the group is actively involved in a variety of clinical research initiatives." The James River Clinic transaction brings to 95 the total number of oncologists who are managed by American Oncology Resources. These physicians represent thirteen oncology group practices, serving patients in ten states. Dr. John Dr. John (also Dr. John Creaux) is the stage name of Malcolm John Rebennack Jr. (born November 21, 1940), a colorful pianist, singer, and songwriter, whose music spans, and often combines, blues, boogie woogie, and rock and roll. Q. A. Mattern, II, managing partner of the group commented, "For our cancer patients, it is essential that the cost pressures placed upon the health care delivery system do not influence either their access to care or the quality of the care they receive. The relationship with American Oncology Resources provides the James River Clinic with access to sophisticated management services that will allow us to continue growing our practice while aligning our efforts with our market's hospital and payor systems." Dr. Mattern added, "We are extremely pleased to link our efforts with American Oncology Resources. Their network of recognized quality oncology practices share our belief that clinical research is key to the continued delivery of high quality cancer care, especially as related to the development of treatment guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. to improve patient outcomes while lowering treatment costs." American Oncology Resources is a multi-state oncology physician practice management company. The Company currently provides comprehensive management services under management agreements including practice operations, practice development, facility development, managed care contracting and information systems management. CONTACT: American Oncology Resources,Inc. Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. E. Sands, 713/873-2674 |
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