Featured Suppliers:

Ads by Google


 

Positron Corporation


 

CMS Reimbursment Fee Schedule Changes State a 20% Increase in Cardiac PET and a 36% Decrease in

Positron Corporation (OTCBB:POSC) a molecular imaging solutions company focused on Nuclear Cardiology, predicts an industry wide demand for cardiac PET imaging, as a result of the Centers for Medicare & Medicaid Services (CMS) 2010 Medicare Physician Fee Schedule.

The Medicare Physician Fee Schedule outlines the payment rates for medical services paid to private physicians in the outpatient office setting. This fee schedule states that Myocardial PET perfusion imaging was increased 20% to $1,432.87 per study. The Schedule also states that Cardiovascular SPECT reimbursement for outpatient cardiology practices billing under CPT codes has been reduced by 36%. Ejection fraction and wall motion codes will now be bundled into a new global code.

Patrick Rooney, Chief Executive Officer of Positron stated, "The change in reimbursement just released by CMS is one of the most significant events for the utilization of cardiac PET in many years. The reimbursement increase for PET imaging further validates our position that the future of nuclear cardiology is PET. One of the most important factors within the CMS ruling is that now the differential between PET and SPECT studies is greater than $1,000. This delta is substantial and confirms that the Government recognizes the benefits of cardiac PET as the best modality in the long term management of patient care and that their policies will accelerate the migration from the current standard of care in SPECT to the more efficient, better technology of cardiac PET."

Source: On October 30, 2009 Centers for Medicare & Medicaid Services (CMS) released their final rule for the 2010 Medicare Physician Fee Schedule.

About Positron: Positron is a molecular imaging company focused on Nuclear Cardiology. Positron utilizes its proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution. Positron products include: the Attrius(TM), a PET imaging device; the Pulse(R), a SPECT imaging device; the Nuclear Pharm-Assist(R), an automated radiopharmaceutical distribution device; and the Tech-Assist(TM), a radiopharmaceutical injection shield. More information about Positron is available at www.positron.com.

Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Positron Corporation to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission.

For further information, please contact Positron Corporation at (317)576-0183.

SOURCE: Positron Corporation

Positron Corporation 
Patrick Rooney, (317)576-0183

Read more...

Tags: billing   cardiovascular   ceo   community   medical   medicine   nuclear   products   rates   schedule   technology  

Companies: Positron Corp. (POSC)

 

Positron to Exhibit at Radiological Society of North America Annual Conference - Zibb.com

Positron Corporation (OTCBB:POSC) a molecular imaging solutions company focused on Nuclear Cardiology, will attend the 95th Scientific Assembly and Annual Meeting (RSNA) in Chicago, Illinois, November 29th-December 4th, 2009 to showcase their imaging and shielding products. (www.rsna.org)

The RSNA Scientific Assembly and Annual Meeting offers the most relevant, cutting-edge science, education, and technology in radiology and medical imaging of any meeting, anywhere in the world. The mission of the RSNA meeting is to promote and develop the highest standards of radiology and related sciences through education and research to advance the quality of healthcare provided.

Joseph Oliverio, Chief Technology Officer of Positron states, "Exhibiting at RSNA 2009 will bring Positron face-to-face with more radiology and medical imaging professionals than any other venue. We anticipate a continued high level of interest in our Attrius(TM), cardiac specific PET scanner and the Tech-Assist(TM), an FDG dose administration and shielding system, reinforcing our relevance in all areas of the nuclear medicine community."

About Positron: Positron is a molecular imaging company focused on Nuclear Cardiology. Positron utilizes its proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution. Positron products include: the Attrius(TM), a PET imaging device; the Pulse(R), a SPECT imaging device; the Nuclear Pharm-Assist(R), an automated radiopharmaceutical distribution device; and the Tech-Assist(TM), a radiopharmaceutical injection shield. More information about Positron is available at www.positron.com.

Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Positron Corporation to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission.

For further information please contact Positron Corporation at (317)576-0183.

SOURCE: Positron Corporation

Positron Corporation 
Joseph Oliverio, (317)576-0183

Read more...

Tags: community   education   healthcare   medical   medicine   north america   nuclear   products   research   scanner   science   standards   technology  

Companies: Positron Corp. (POSC)

 

Positron Corporation Sees Significant Opportunities in Canadian PET Market with Ontario's Approval

Positron Corporation (OTCBB:POSC) today announced that the Ministry of Health and Long Term Care of Ontario, Canada is making positron emission tomography (PET) scanning a publicly insured health service available to cancer and cardiac patients under conditions where PET scans have been proven to be clinically effective. The Ministry of Health and Long Term Care (MOHLTC) has adopted an evidence-based approach to the introduction of PET imaging in the province for certain cancer and cardiac indications.

Joe Oliverio, Chief Technical Officer of Positron said, "Ontario, the largest province in Canada, introducing PET into their health system represents a significant opportunity for Positron to offer a cost effective general purpose scanner into a large socialized network. We believe that the market for Positron's Attrius PET scanner is potentially hundreds of units in a relatively short period of time. Health Canada's approval of PET is further evidence that PET is the future of nuclear medicine. Positron plans to focus on marketing and selling its PET product throughout all Canadian provinces and estimates the entire market potential to be approximately 1,000 scanners."

About Positron: Positron is a molecular imaging company focused on Nuclear Cardiology. Positron utilizes its proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution. Positron products include: the Attrius(TM), a PET imaging device; the Pulse(R), a SPECT imaging device; the Nuclear Pharm-Assist(R), an automated radiopharmaceutical distribution device; and the Tech-Assist(TM), a radiopharmaceutical injection shield. More information about Positron is available at www.positron.com.

Forward Looking Statements: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

For further information please contact Positron Corporation at (317)576-0183

SOURCE: Positron Corporation

Positron Corporation 
Joe Oliverio, 317-576-0183

Read more...

Tags: canada   cancer   community   health   market   marketing   medicine   nuclear   ontario   products   scanner   securities  

Companies: Positron Corp. (POSC)

 

Positron Announces Sales of Tech-Assist(TM) Units to Top Medical Institutions - Zibb.com

Positron Corporation (OTCBB:POSC), a molecular imaging solutions company focused on Nuclear Cardiology, announces sales of the Tech-Assist(TM) to a number of top institutes in the United States. Positron provides a cost effective, radiation shielding device with the Tech-Assist(TM). The Tech-Assist(TM) is a portable dose administration system utilized during Fluorodeoxyglucose F-18 (FDG) injections for Positron Emission Tomography (PET) studies.

The Tech-Assist(TM) provides enhanced tungsten shielding, increased distance and reduction of time spent in proximity to the radioactive source during transport and the injection process. "The Tech-Assist(TM) is the most efficient product in its class for effectively reducing radiation. Positron has had a tremendous acceptance from its oncology based users and expects significant growth as F-18 cardiac agents become available," states John A. Zehner, COO of Positron.

Since its release earlier this year, the Tech-Assist(TM) has been met with wide acclaim within the Nuclear Medicine industry. One of the luminary institutions where the Tech-Assist(TM) is being utilized is Mount Sinai School of Medicine. "The Tech-Assist(TM) is the easiest, most versatile injector made for administering FDG, it has reduced our occupational exposure levels by over 50%," states Ash Rafique, Mount Sinai Medical Center, NY Nuclear Medicine/PET-CT Supervisor CNMT, B.S.

About Positron: Positron is a molecular imaging company focused on Nuclear Cardiology. Positron utilizes its proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution. Positron products include: the Attrius(TM), a PET imaging device; the Pulse(R), a SPECT imaging device; the Nuclear Pharm-Assist(R), an automated radiopharmaceutical distribution device; and the Tech-Assist(TM), a radiopharmaceutical injection shield. More information about Positron is available at www.positron.com.

Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Positron Corporation to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission.

SOURCE: Positron Corporation

Positron Corporation 
John Zehner R.Ph., (317)576-0183

Read more...

Tags: community   connecticut   medical   medicine   new_york   nuclear   products   sales  

Companies: Positron Corp. (POSC)

 

Web Sites

Total : 2 View more »

Pharmacy Choice - Pharmaceutical News - Positron Corporation and Neusoft Medical Systems of China

HOUSTON, Texas--(BUSINESS WIRE)--Aug. 29, 2005--Positron Corporation (OTCBB:POSC), manufacturer of positron emission tomography (PET) scanners, announced today the formation of a joint venture with Neusoft Medical Systems in Shenyang, China.

http://www.pharmacychoice.com/News/article.cfm?Article_ID=11746

Industry News Feeds : Press Room : Micromedex

Get the news that matters to you. Create your own customized news service that delivers the latest information directly to you. Plus you can view the most current press releases from Micromedex.

http://www.micromedex.com/pressroom/news_feeds/?story_ID=91570&category=8

Web Sites powered by Bing

Total : 933,000 View more »

Positron Corporation

www.positron.com

Positron is a leading PET manufacturer that specializes in Cardiology, Oncology and Neurology.

http://www.positron.com/

Switch Panels, Dash Panels, Race Car Panels, Monitor Panels, and Audio ...

positroncorp.com

Positron corporation manufactures custom instrument panels, switch panels, dash panels, control panels, jack panels and monitor panels for various forms of industry.

http://positroncorp.com/

Positron Corporation - Google Finance

www.google.com

Get the latest on Positron Corporation including up to date news, high quality discussion groups and more on Google Finance.

http://www.google.com/finance?q=OTC:POSC

Positron Corporation (POSC) Company Profile - CorporateInformation.com ...

www.corporateinformation.com

Positron Corporation. The Group's principal activity is to design, manufacture , market and service of advanced medical imaging devices using positron emission tomography ...

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=737397109