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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950149-00-000067.txt : 20000202
<SEC-HEADER>0000950149-00-000067.hdr.sgml : 20000202
ACCESSION NUMBER:		0000950149-00-000067
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20000114
ITEM INFORMATION:		
FILED AS OF DATE:		20000121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN SHARED HOSPITAL SERVICES
		CENTRAL INDEX KEY:			0000744825
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MEDICAL LABORATORIES [8071]
		IRS NUMBER:				942918118
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-08789
		FILM NUMBER:		510848

	BUSINESS ADDRESS:	
		STREET 1:		TWO EMBARCADERO CENTER
		STREET 2:		SUITE 2370
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111-3823
		BUSINESS PHONE:		415-788-5300

	MAIL ADDRESS:	
		STREET 1:		4 EMBARCADERO CENTER
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>FORM 8-K DATED JANUARY 14, 2000
<TEXT>

<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549





                                    FORM 8-K




                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934




                Date of Report (Date of Earliest Event Reported):
                                JANUARY 14, 2000



                        AMERICAN SHARED HOSPITAL SERVICES
             (Exact name of registrant as specified in its charter)



     CALIFORNIA                     0-8789                    94-2918118
  (State or other          (Commission File Number)        (I.R.S. Employer
  jurisdiction of                                         Identification No.)
   incorporation)




TWO EMBARCADERO CENTER, SUITE 2370, SAN FRANCISCO, CA      94111-3823
(Address of principal executive offices)                    (Zip Code)



Registrant's telephone number, including area code: 415-788-5300



                       NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)


                                       1
<PAGE>   2

Item 4. Changes in Registrant's Certifying Accountant

Effective January 1, 2000, Grant Thornton LLP ("Grant Thornton"), the
independent accountants for American Shared Hospital Services (the "Company")
sold its Stockton and Sacramento, California offices to Moss Adams LLP, an
accounting and consulting firm ("Moss Adams"). Since the individuals performing
services for the Company at Grant Thornton are now in the employ of Moss Adams,
effective January 14, 2000, the Company dismissed Grant Thornton as its
independent accountants and engaged the services of Moss Adams to act as the
Company's principal accountants to audit the Company's financial statements. The
decision to dismiss Grant Thornton and to retain the services of Moss Adams was
approved by the Company's Board of Directors. The reports on the Company's
financial statements issued by Grant Thornton and Ernst & Young, the Company's
previous accountants, did not contain an adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principles, except the report for the two years ended December 31,
1997 expressed substantial doubt about the Company's ability to continue as a
going concern. During the Company's three most recent fiscal years and through
January 14, 2000, there have been no disagreements with Grant Thornton or Ernst
& Young on any manner of accounting principle or practices, financial statement
disclosure, or auditing scope or procedure, which if not resolved to the
satisfaction of Grant Thornton or Ernst & Young, would have caused them to make
reference thereto in their report on the financial statements for such years. In
addition, the Company did not consult Moss Adams regarding the application of
accounting principles to a specific contemplated transaction, or any type of
audit opinion that might be rendered on the Company's financial statements, or
any matter that was the subject of disagreement with the Company's former
accountant.

The Company has requested that Grant Thornton furnish it with a letter addressed
to the Securities and Exchange Commission stating whether or not it agrees with
the above statements. A copy of such letter, dated January 21, 2000 is filed as
Exhibit 16.2 to this Form 8-K.

The Company previously filed on December 21, 1998 a Report on Form 8-K dated
December 14, 1998 regarding the Company's change of independent accountants from
Ernst & Young LLP to Grant Thornton LLP. That Form 8-K Report included as
Exhibit 16.1 a letter from Ernst & Young LLP stating that Ernst & Young LLP
agreed with statements concerning that firm contained in such Report on Form
8-K.


The following Exhibit is filed with this Report:


<TABLE>
<CAPTION>
Exhibit No.           Description
- -----------           -----------
<S>            <C>
16.2           Letter dated January 21, 2000 from Grant Thornton LLP to the
               Company
</TABLE>



                                       2
<PAGE>   3

                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                  AMERICAN SHARED HOSPITAL SERVICES
                                  (Registrant)



                                  By: /s/ Ernest A. Bates, M.D.
                                     ---------------------------
                                          Ernest A. Bates, M.D.
                                          Chairman of the Board and
                                          Chief Executive Officer

Dated:  January 21, 2000


                                       3
<PAGE>   4

                                Index to Exhibits


<TABLE>
<CAPTION>
Exhibit No.                         Description                            Page
- -----------                         -----------                            ----
<S>                 <C>                                                    <C>
16.2                Letter dated January 21, 2000 from
                             Grant Thornton LLP to the Company               5
</TABLE>



                                       4
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16.2
<SEQUENCE>2
<DESCRIPTION>LETTER DATED JANUARY 21, 2000 FROM GRANT THORNTON
<TEXT>

<PAGE>   1

                                                                    Exhibit 16.2


                               Grant Thornton LLP
                        One California Street, Suite 1100
                             San Francisco CA 94111


January 21, 2000

Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549

     Re: American Shared Hospital Services
         File No. 0-8789


Commissioners:

        We have read the statements made by American Shared Hospital Services in
Item 4 of the Company's Form 8-K report dated January 14, 2000 and we agree with
the statements therein concerning our Firm.

                                            Very truly yours,


                                            /s/ Grant Thornton LLP

                                       5

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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