On The Insider: Paris Says Palin Has a Hot Bod
Find Articles in:
all
Business
Reference
Technology
News
Sports
Health
Autos
Arts
Home & Garden
advertisement
advertisement

Content provided in partnership with
Market Wire

Wall Street News Alert Issues Special Alert on POSC! October 18, 2007

Market Wire,  October, 2007  

Wall Street News Alert's "stocks to watch" this morning are: Positron Corporation (OTCBB: POSC), AAA Energy Inc. (OTCBB: AAAE), Champion Enterprises, Inc. (NYSE: CHB) and Spicy Pickle® fast casual restaurants (OTCBB: SPKL).

Positron Corporation (OTCBB: POSC) is a new stock to watch as Wall Street News Alert initiates coverage of the company. This morning, the company, which designs, manufactures, markets and supports advanced cardiac molecular imaging devices utilizing single photon emission computed tomography (SPECT) and positron emission tomography (PET), issued a press release announcing that the Centers for Medicare and Medicaid Services (CMS) has released an advance copy of CMS-1392-P Proposed Changes to the Hospital Outpatient Prospective Payment System and Calendar Year 2008 Payment Rates. The proposed rule is expected to be published in the Federal Register later this month.

This could be additional great news for POSC! Positron's President Mr. Joseph Oliverio stated, "This proposed increase in the reimbursement will provide us with a great opportunity to quickly disseminate Cardiac PET. This will help cardiologists seriously look at adding PET to their practice. Positron is ideally positioned to offer them as an economical compliment to SPECT."

CMS proposes to reassign the PET/CT codes from APC 1511 -- New Technology-Level XI to APC 0308 -- Non-Myocardial Positron Emission Tomography (PET) imaging. Therefore all the non-cardiac PET CPT codes would be assigned to a single APC 0308, with a new payment rate of $1,107.22.

The proposed rule maintains the assignment of all cardiac PET CPT codes to APC 0307 -- Myocardial Positron Emission Tomography (PET) imaging, with a new payment rate of $2,711.25.

CMS-1392-P; Proposed Changes to the Hospital Outpatient Prospective Payment System and Calendar Year 2008 Payment Rates can be found at: http://www.cms.hhs.gov/hospitaloutpatientpps/hord/list.asp .

Reimbursement information is provided by Positron Corporation as general coding and payment information. Note: This is a PROPOSED rule, not a final rule, and there will be a public comment period that closed on September 14, 2007. The final rule is expected to be published in early November and the changes will be effective January 1, 2008. Instructions on how to submit comments are listed at the end of this update.

Wall Street News Alert is alerting aggressive investors to watch Positron Corporation closely! Positron Corporation designs, manufactures, markets and supports advanced cardiac molecular imaging devices utilizing single photon emission computed tomography (SPECT) and positron emission tomography (PET). The company's molecular imaging systems incorporate patented and proprietary software and hardware technology for the diagnosis and treatment of patients with heart disease. Positron Corporation offers unique combination of low cost technology and disease specific software solutions differentiating themselves from all other medical device manufacturers.

The stock closed Wednesday at Five cents a share.

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com , where you may also sign up to receive free email alerts in advance of our press releases being issued.

AAA Energy Inc. (OTCBB: AAAE) up 6.9% on 897,000 shares traded. AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons.

Champion Enterprises, Inc. (NYSE: CHB) up 9.9% on 5 million shares traded. Champion Enterprises, Inc., a leader in factory-built construction, operates 32 manufacturing facilities in North America and the United Kingdom and works with over 3,000 independent retailers, builders and developers. The Champion family of builders produces manufactured and modular homes, as well as modular buildings for government and commercial applications

Spicy Pickle® fast casual restaurants (OTCBB: SPKL) up 20.7% on 2.8 million shares traded. Spicy Pickle® Franchising, Inc. serves high quality meats and fine artisan breads, baked fresh daily, along with a wide choice of eight different cheeses, twenty-two different toppings, and fourteen proprietary spreads to create healthy and delicious panini and sub sandwiches with flavors from around the world.

Market Commentary:

"Fed Chief Ben Bernanke at a speech at the New York Economic Club earlier this week commented about the housing market, the possible effects of a slowing economy, and had analysts hinting at another rate cut soon," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com .

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com or see our services at http://www.wallstreetnewsalert.com/tPage.aspx?PAGE_TYPE=AU