I confess to not having had time to do proper DD. The person who informed me of the possible takeover referred to a "Justmed" site, owned by EMED, that he said sounded something like Medsite. Looking at the following portion of a previous EMED news release, I'd say you are likely correct:
Tuesday January 25, 3:39 pm Eastern Time
MedCom stock soars as more doctors' offices get wired
LOS ANGELES, Jan 25 (Reuters) - Shares of MedCom USA Inc. (NasdaqSC:EMED - news), which is developing an electronic transaction processing system for doctors, soared on Tuesday amid investor enthusiasm for the emerging field, industry sources said...
...Medcom is in the process of rolling out its MedCard system, which, through an alliance with credit card processor Concord EFS (NasdaqNM:CEFT - news), will allow doctors to swipe a card and obtain insurance verification, file claims and receive payment electronically, Fegen said.
The company is also developing JustMed.com, an Internet-based healthcare site, and Med Store, an e-commerce site for selling home medical equipment products.
Also, this snippet from Raging Bull:
ragingbull.com |
