Alliance Oncology, a division of Alliance HealthCare Services, has acquired US Radiosurgery, a stereotactic radiosurgery provider based in Nashville, TN, for $54 million.
The transaction includes $43 million in cash and $11 million in US Radiosurgery's share of assumed debt.
US Radiosurgery operates eight stereotactic radiosurgery centers in partnership with local hospitals and radiation oncologists in eight states: Colorado, Texas, Illinois, Ohio, Oklahoma, Pennsylvania, Nevada, and California.
US Radiosurgery currently generates approximately $29 million in consolidated annual revenue. With this acquisition, Alliance Oncology's 2011 revenue is expected to range from $68 million to $73 million.
