Weston, FLA., Mar 02, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care Centers (OTC: ERUG), Hospira, Inc. (NYSE: HSP), Medco Health Solutions, Inc. (NYSE: MHS), Human Genome Sciences, Inc. (NASDAQ: HGSI), and Callisto Pharmaceuticals (AMEX: KAL).
As the good news keeps coming, investors should once again be watching ER Urgent Care Centers (OTC: ERUG) as the markets begin trading this morning. Yesterday after the stock markets closed, the company issued a press release announcing it has entered into contractual negotiations with an urgent care group in Southern Texas!
This latest news should have investors playing close attention, as according to the press release, this agreement will add three locations to the company's current count!
In addition they are locations that are currently seeing 30 to 35 patients per day. Furthermore, Southern Texas is currently experiencing enormous growth, primarily within the medicare population. The press release also states, the three centers are currently exceeding income of 1 million dollars per year.
Jerry Miller Founder and Director of ER Urgent Care Centers said, "We are working very hard at putting this deal together, our shareholders will greatly benefit from this."
Watch this one closely!
Prior to yesterday's press release, the stock closed at around under Twenty Three cents a share.
In case you are not familiar with the company: 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.
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