MIAMI, Jan. 27, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: ER Urgent Care Centers (Pink Sheets:ERUG), Merck & Co. Incorporated (NYSE:MRK), Johnson & Johnson (NYSE:JNJ) and Eli Lilly & Co. (NYSE:LLY).
ER Urgent Care Centers (Pink Sheets:ERUG) issued a press release that may get investor's attention. Late yesterday afternoon, the company announced that it will be featured in the February issue of M.D. News, South Florida Edition. Before the news was released, the company's stock closed at twenty-nine cents a share.
The press release stated that M.D. News is a national business and lifestyle magazine for physicians and is distributed free of charge to all health industry leaders, including doctors and affiliated health care professionals, hospital administrators and medical specialists. The article will reach approximately 6,000 physicians and will help to educate health professionals on the advantages of utilizing the services of ER Urgent Care.
Yesterday morning, the company also announced in a press release that contract negotiations have been completed with Blue Cross Blue Shield of Florida and must now only complete the credentialing part of the contracting process. That press release stated that ER Urgent Care Centers will provide top quality health care, after hours at a reimbursement rate of $175 per visit to over one million members of Blue Cross Blue Shield of Florida alone.
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. 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.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Blue Cross/Blue Shield of Florida, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
Other stocks of interest yesterday were: Merck & Co., Inc. (NYSE:MRK) up 0.7% on 7.1 million shares traded, Johnson & Johnson (NYSE:JNJ) up 1.4% on 11.9 million shares traded and Eli Lilly & Co. (NYSE:LLY) up 1.1% on 5.6 million shares traded.
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