Is there a control that can achieve the appearance that is in this image?
It looks like some special single round cornered table cell a UISlider embedded in it.
What I am wondering is it really a table cell, it seems overkill to do this. Is it possible there is something in iOS to achieve this without using an UIimage as a background.
Thanks,
-Code

Looks like a grouped table view section with one view in it. That custom table view cell in the grouped table view section looks to have a UISlider with a UILabel on either side of it.
As a general rule, you should always lean toward using the standard built in controls unless you really need a custom look.
See the third image here: http://developer.apple.com/library/ios/#documentation/userexperience/conceptual/tableview_iphone/AboutTableViewsiPhone/AboutTableViewsiPhone.html
Also:
http://developer.apple.com/library/ios/#documentation/userexperience/conceptual/tableview_iphone/TableViewStyles/TableViewCharacteristics.html
From that link: