Wall Street News Alert: Breaking Investors Alert for Monday! January 22, 2007
3 February 2007
Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care Centers (PINKSHEETS: ERUG), Humana Inc. (NYSE: HUM), Tenet Healthcare Corporation (NYSE: THC) and Omnicare, Inc. (NYSE: OCR).
ER Urgent Care Centers (PINKSHEETS: ERUG) has issued additional news that may excite investors. Friday after the stock markets closed, the company issued a press release announcing that it has now completed a major conversion to a virtual private network system.
While this may not sound as exciting as the company's recent announcement that it has finalized the purchase of United Urgent Care Centers of Fort Myers, Florida, it may still be of interest to investors. This system will tie together all the centers and speed up the entire process of which a patient is managed. In addition the billing process will now be completely done through a paperless electronic method reducing billing time significantly. Payments from insurance companies will be made in a third of the time and overall billing cost will be reduced dramatically.
Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress of ER Urgent Care Centers! "We have made an impressive move onto the future for the growth of this organization as well as reducing costs significantly," said Jerry Miller, Founder and Director.
On January 11th, we reported on the finalization of the purchase of United Urgent Care Centers of Fort Myers and the company's expectation of over $1,000,000 in estimated revenues for 2007 coming from the new acquisition. Since that time, ERUG stock is up over 30% and closed Friday at around Ten cents a share.
The company is a provider for Amerigroup, Avmed, Humana, Aetna, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Beech Street, Dimension Health, Assist Card, Cigna, Corvel, Health Insurance Plans and many more.
ERUC Management Company Inc. operates ER Urgent Care Centers. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
For an in-depth profile of ER Urgent Care Centers, visit http://www.thenewssvc.com/ERUG012107.html.
Humana Inc. (NYSE: HUM) down 0.66% on 1 million shares traded. Humana Inc. is one of the nation's largest publicly traded health benefits companies.
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Tenet Healthcare Corporation (NYSE: THC) up 0.93% on 4.3 million shares traded. Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related health care services.
Omnicare, Inc. (NYSE: OCR) up 1.66% on 4.6 million shares traded. Omnicare, Inc. is a provider of pharmaceutical care for the elderly.
Market Commentary:
"Bonds fell as stocks tried to further their gains. The yield on the benchmark 10-year Treasury note rose to 4.78 percent from 4.77 percent late Thursday. The dollar was mixed against other major currencies, while gold prices rose," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For present services performed for ER Urgent Care Holdings, WSCF has been compensated Three Hundred Thousand shares of ER Urgent Care Holdings (PINKSHEETS: ERUG), by a third party (Ron Berman), who is non-affiliated and may hold a significant position in the stock. WSCF has not sold any of those shares, as of this release, but intends to immediately begin selling its shares as this release is being circulated. WSCF has been previously compensated a total of Twenty Five Thousand Dollars in 2007 by the company, for services provided including dissemination of company information. WSCF was compensated a total of Fifty Thousand Dollars, by the company, in 2006 for past coverage of ER Urgent Care Holdings; Fourteen Thousand Dollars and Seven Hundred and Fifty Thousand Shares of (PINKSHEETS: ERUG) by third party (ECJ Investments Inc.), who is non-affiliated and may hold a significant position in the stock. WSCF has sold all of its shares received as compensation in 2006. In 2005, WSCF was compensated for previous services performed for ER Urgent Care Holdings Inc. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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