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The Oncology Institute Adds San Gabriel Valley Practices to Network

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CERRITOS, Calif., Dec. 14, 2021 (GLOBE NEWSWIRE) — The Oncology Institute (NASDAQ: TOI), one of the largest value-based oncology groups in the United States, recently acquired the practice of Honghao Yang, MD and his two oncology clinics in Hacienda Heights and Alhambra, California. The addition of Dr. Yang’s practice gives TOI comprehensive coverage of the San Gabriel Valley, including TOI’s existing offices in San Gabriel, Pasadena, West Covina, and Montebello.

“I am thrilled to join the esteemed group of medical professionals at TOI,” shared Dr. Yang. “TOI provides proven clinical infrastructure and technology solutions that allow me to focus on treating patients. I am confident that my patients will benefit from the resources and knowledge available now that I have joined the TOI team.”

The two San Gabriel Valley clinics will employ multilingual staff specialized in serving Chinese, English and Spanish speaking patients.

“We are excited to expand our presence in the San Gabriel Valley with the addition of Dr. Yang’s practice,” TOI COO Dr. Daniel Virnich remarked. “Dr. Yang has been practicing medicine for more than 30 years and has a great reputation in the community. His compassionate, evidence-based approach to patient care is a natural fit for TOI and we look forward to growing his locations to serve even more patients.”

KROST CPAs and Consultants acted as the exclusive financial advisors to Dr. Yang.

About The Oncology Institute

Founded in 2007, The Oncology Institute of Hope and Innovation (TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of more than 1.5 million patients including clinical trials, stem cell transplants, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations. With 80+ employed clinicians and more than 600 teammates in 50 clinic locations and growing, TOI is changing oncology for the better. For more information visit www.theoncologyinstitute.com.