SOURCE: Oncology Med, Inc.

September 25, 2007 16:35 ET

Oncology Med Introduces New Radiation Oncology Practice Audit Services

PITTSBURG, PA--(Marketwire - September 25, 2007) - Oncology Med, Inc. (PINKSHEETS: ONCO), a Pittsburg-based cancer treatment solutions group, announced today that it will begin offering comprehensive medical and medical physics audit programs for radiation oncology providers. This new service will allow radiation therapy providers to judge the performance of the professional elements of their programs against the requirements for accreditation by such organizations as the Joint Committee on Accreditation of Healthcare Organizations (JCAHO), the American College of Radiology (ACR) and the American College of Radiation Oncology (ACRO).

According to William Walker, Ph.D., Oncology Med's CEO and founder, "This new audit program is a valuable addition to our growing list of professional, consultation, and clinical services. It will enhance earnings while increasing our professional visibility in the radiation oncology market. Facilities utilizing our audit services are also potential clients for the many other services provided by Oncology Med."

Based on a preliminary review of the facilities currently accredited by JCAHO, ACR and ACRO, the potential market for our new audit services is significant and includes more than 2500 medical facilities currently accredited by these organizations.

The audit team will be led by G. Stephen Brown, M.D., FACR. Dr. Brown's impeccable credentials include his appointment as a Professor of Radiation Oncology at the University of Texas M.D. Anderson Cancer Center. In addition, he has been affiliated with the Commission on Cancer of the American College of Surgeons from 1979 to the present. He has served on the Approvals Committee, as well as served as chairman of the Special Issues Committee for several years. In addition, he has been a Field Staff Surveyor since 1982, participated in numerous national cancer group studies, and served on several of the protocol development committees including RTOG, NSABP and the Patterns of Care Study of the American College of Radiology. Dr. Brown has authored numerous cancer papers and a book on cancer and its treatment.

Oncology Med is a full service cancer treatment support company providing onsite and virtual physics support and treatment planning, consultation services on cancer center treatment design and compliance, proper selection and installation of equipment, and oversight of policy and procedure manuals and reporting mechanisms for all Federal and State requirements and policies.

More information about Oncology Med, Inc. can be found at www.oncologymed.com

NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.

Contact Information

  • For information, please contact:
    Mr. Trevor Bentley
    Investor Communications
    Bentley Communications at 1-888-818-8738
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