Alliance HealthCare Services, Inc. (NYSE:AIQ), a leading national provider of outpatient diagnostic imaging and radiation therapy services, named Richard W. Johns as Executive Vice President, General Counsel and Secretary. Mr. Johns has had a legal career spanning 30 years providing legal services to a variety of healthcare clients based in the United States and Europe. Prior to joining Alliance, he was General Counsel at LaVie Care Centers, a national long-term care company with revenues in excess of $1 billion annually and approximately 19,000 employees caring for 13,000 residents. Prior to his role with LaVie Care Centers, he served as a partner for over 10 years with the nationally recognized firm of Foley & Lardner, where he was instrumental in developing a national healthcare practice. Mr. Johns began his legal career working with various law firms in the Washington, D.C. area and holds a Juris Doctor degree from the University of Southern California. He will report to Paul Viviano, Chairman of the Board and Chief Executive Officer. “It is an exciting time for Alliance as we continue to maintain a focus on the Company’s ongoing organizational performance improvement initiatives which are designed to stabilize and grow imaging services, expand radiation oncology services, increase organizational efficiency and reduce costs,” said Mr. Viviano. “As the newly appointed General Counsel, Rick’s expertise in the healthcare industry, mergers and acquisitions, joint ventures, strategic planning and regulatory and compliance will be instrumental in helping us to achieve our strategic goals.” Added Mr. Johns, “I am honored to join an industry leader in Alliance with a clear strategic vision and an unwavering commitment to quality patient care. With my appointment to Executive Vice President and General Counsel, I am delighted to begin working closely with Paul and the other members of Alliance’s dedicated management team to effectively carry out our strategic and operational initiatives and further enhance our clinical services reputation in the marketplace.”
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.