Positron Anticipates Cardiac PET Demand to Increase Due to Expanding Reimbursment Differential Between PET and SPECT Imaging

INDIANAPOLIS--(BUSINESS WIRE)--Positron Corporation (OTCBB:POSC - News) a molecular imaging solutions company focused on Nuclear Cardiology, predicts a significant rise in demand for Cardiac PET in 2010 with a proposed cut in SPECT reimbursement of 46% and an increase in PET reimbursement of 22%, issued by the Centers for Medicare & Medicaid Services (CMS).

The nuclear medicine imaging community continues to face challenges with Cardiac SPECT due to Molybdenum shortages, cuts in reimbursement and an increase in operational costs. The proposed reduction in reimbursement by CMS for 2010, whose final decision is due out in early November, includes elimination and/or bundling of additional billing codes. The pressure on SPECT has caused physicians to revaluate their current technology offering and look to new sources of imaging income though PET.

CMS, has proposed an increase in the 2010 PET reimbursement by 22% ($1,429), while maintaining Rb82 reimbursement at $250 per dose. Additionally, there are new PET myocardial perfusion agents in clinical phase III trials and more than three other Cardiovascular PET specific radiopharmaceuticals in clinical phase I & II, which will drive demand for Positron’s Attrius™ Cardiac PET system.

sourceP: Positron

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