Vantage Oncology, El Segundo, Calif., announced it will expand into several new markets where it will open eight radiation centers.
The expansion, financed with $22.5 million in equity capital, will establish hospital- and physician-partnership oncology treatment centers in Providence, R.I.; Brockton, Mass. (in partnership with 253-bed Brockton Hospital); Lady Lake and Leesburg, Fla.; San Antonio (where it will open two centers); Chicago; and Spring Valley, Ill.
Vantages plans come on the heels of two recently opened radiation oncology centers in Sherman Oaks and West Hills, Calif. The added centers will increase the 5-year-old companys holdings to 22 centers in 10 states. -- by Shawn Rhea