Market Overview

Alliance HealthCare Radiology Finalizes Partnership with Northeast Radiology

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Leading Radiology Organization Integrates Premier Outpatient
Diagnostic Imaging Services Centers

Alliance HealthCare Services, Inc. today announces our partnership with
Northeast Radiology and welcomes Northeast Radiology into its Alliance
HealthCare Radiology ("Alliance Radiology") division. A national leader
in radiology solutions, Alliance Radiology offers a full range of
radiology solutions in partnership with hospitals, health systems and
physician groups focused on superior patient care, operational
excellence and market development.

"The team at Northeast Radiology couldn't be a better match for us as we
continue to serve patients via a network of freestanding outpatient and
hospital-based offerings – including those throughout communities in the
Northeast," said Alliance Radiology President Rich Jones. "Their focus
on compassionate care, low-cost imaging services and maintaining
excellent clinical and quality standards is aligned with our own
mission," he added.

Northeast Radiology is a regional leader in multi-modality outpatient
diagnostic imaging services. Five centers serve communities in New York
and Connecticut, where integrated teams will continue to focus on
referring provider and patient satisfaction. Employing nine radiologists
and over 100 team members, Northeast Radiology is a recognized Breast
Imaging Center of Excellence and will continue operations under the
leadership of the two radiologist principals and their fellow
physicians. Northeast Radiology adds to Alliance's overall national and
regional services, which include nearly 100 fixed-site locations and
more than 600 diagnostic radiology imaging systems, including MRI, CT,
PET/CT, nuclear medicine, ultrasound and mammography.

"By partnering with a healthcare services provider with longevity,
significant market share and a track record for excellence, we are
confident that the Northeast Radiology team is joining a company that
will enhance our ability to focus on our superior clinical services
while aligning with our culture of compassionate care," said Radiologist
Mark Glicklich, M.D., Northeast Radiology Co-Founder. "In our search for
the right partner, we looked closely at reputation and quality medical
imaging standards," said Northeast Radiology President and Radiologist
Howard Lee, M.D. "Partnering with Alliance Radiology helps our team
access best practice sharing through the Alliance national network of
providers and hospitals, while continuing to provide the same
compassionate care and fair pricing for the local community we've always
served," he added.

"We are pleased that Drs. Glicklich and Lee and their team will continue
to serve as physician leaders and providers of exceptional care.
Referring physicians and patients in the communities Northeast Radiology
serves will experience the same excellence in service that they're
accustomed to receiving," added Michael Douglas, Senior VP of Fixed
Sites for Alliance Radiology.

With this strategic partnership, Alliance HealthCare Services continues
its progress toward its vision of being a driving force in transforming
healthcare. "We thank our Board of Directors, our owners at Tahoe
Investment Group and Chairman Huang for their continued support of our
growth, healthcare industry leadership and service to our patients and
partners," said Rhonda Longmore-Grund, Chief Financial Officer of
Alliance HealthCare Services.

About Alliance HealthCare Services

Alliance HealthCare Services is a leading national provider of
outsourced medical services including radiology, oncology and
interventional. With a strategy of partnering with hospitals, health
systems and physician practices, Alliance provides quality clinical
services for over 1,100 hospitals and other healthcare partners in 46
states, where nearly 3,000 Alliance Team Members are committed to
providing exceptional patient care and exceeding customer expectations.
Alliance provides a full continuum of services, including mobile,
fixed-site and comprehensive service line management and joint venture
partnerships. We also operate freestanding clinics and independently
owned ASCs. Alliance operates more than 600 diagnostic radiology,
radiation therapy, and interventional radiology systems, including
nearly 100 fixed-site radiology locations, 50+ cancer care centers, and
20+ pain management clinics. For more information, visit www.alliancehealthcareservices-us.com.

About Northeast Radiology

Northeast Radiology, with nine radiologists and more than 100 Team
Members, has five locations: three in Connecticut and two in New York.
Founded in 1996 Northeast Radiology offers comprehensive screening and
diagnostic imaging services, including MRI, CT, PET/CT, nuclear
medicine, ultrasound, 3D mammography and DEXA bone density scanning. The
team specializes in all forms of imaging, including a women's health
focus, including ACR accreditation and as a designated Breast Imaging
Center of Excellence. For more information, please visit, www.nerad.com

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