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Positron Corporation Partners With Upbeat Cardiology Solutions to Expand Cardiac PET-CT Offerings

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Positron (OTC: POSC) has partnered with Upbeat Cardiology Solutions to expand its PET-CT imaging systems and services. The collaboration focuses on providing cardiology practices with NeuSight PET-CT 64 Slice scanner technology and turnkey solutions. Upbeat Cardiology Solutions will offer comprehensive services including equipment acquisition, installation, staff training, and isotope supply. The partnership aims to make cardiac PET-CT imaging more accessible to private practices, offering superior diagnostic accuracy, reduced scan times, and higher reimbursement rates compared to traditional SPECT imaging.

Positron (OTC: POSC) ha stretto una partnership con Upbeat Cardiology Solutions per ampliare i suoi sistemi e servizi di imaging PET-CT. La collaborazione si concentra sull'offerta di tecnologia per scanner NeuSight PET-CT 64 Slice e soluzioni chiavi in mano alle pratiche di cardiologia. Upbeat Cardiology Solutions fornirà servizi completi che includono l'acquisto delle attrezzature, l'installazione, la formazione del personale e la fornitura di isotopi. L'obiettivo della partnership è rendere l'imaging cardiaco PET-CT più accessibile alle pratiche private, offrendo una precisione diagnostica superiore, tempi di scansione ridotti e tassi di rimborso più elevati rispetto all'imaging tradizionale SPECT.

Positron (OTC: POSC) se ha asociado con Upbeat Cardiology Solutions para ampliar sus sistemas y servicios de imagenología PET-CT. La colaboración se centra en proporcionar a las prácticas de cardiología la tecnología del escáner NeuSight PET-CT 64 Slice y soluciones llave en mano. Upbeat Cardiology Solutions ofrecerá servicios integrales que incluyen adquisición de equipos, instalación, capacitación del personal y suministro de isótopos. La asociación tiene como objetivo hacer que la imagenología cardiaca PET-CT sea más accesible para las prácticas privadas, ofreciendo una precisión diagnóstica superior, tiempos de escaneo reducidos y tasas de reembolso más altas en comparación con la imagenología SPECT tradicional.

포지트론 (OTC: POSC)업빗 심장병 솔루션과 협력하여 PET-CT 이미징 시스템과 서비스를 확장하고 있습니다. 이번 협력은 심장병 진료소에 NeuSight PET-CT 64슬라이스 스캐너 기술과 턴키 솔루션을 제공하는 데 중점을 두고 있습니다. 업빗 심장병 솔루션은 장비 구매, 설치, 직원 교육 및 동위원소 공급을 포함한 종합적인 서비스를 제공합니다. 이번 파트너십은 심장 PET-CT 이미징을 민간 진료소에서 더 쉽게 이용할 수 있도록 하여, 전통적인 SPECT 이미징에 비해 우수한 진단 정확도와 짧은 스캔 시간, 높은 환급률을 제공합니다.

Positron (OTC: POSC) a établi un partenariat avec Upbeat Cardiology Solutions pour développer ses systèmes et services d'imagerie PET-CT. La collaboration vise à fournir aux pratiques de cardiologie la technologie du scanner NeuSight PET-CT 64 Slice et des solutions clés en main. Upbeat Cardiology Solutions proposera des services complets, y compris l'acquisition d'équipement, l'installation, la formation du personnel et la fourniture d'isotopes. Le partenariat vise à rendre l'imagerie cardiaque PET-CT plus accessible aux pratiques privées, offrant une précision diagnostique supérieure, des temps de scan réduits et des taux de remboursement plus élevés par rapport à l'imagerie SPECT traditionnelle.

Positron (OTC: POSC) hat sich mit Upbeat Cardiology Solutions zusammengeschlossen, um seine PET-CT-Bildgebungssysteme und -dienstleistungen zu erweitern. Die Zusammenarbeit konzentriert sich darauf, kardiologischen Praxen die Technologie des NeuSight PET-CT 64 Slice Scanners und schlüsselfertige Lösungen anzubieten. Upbeat Cardiology Solutions wird umfassende Dienstleistungen anbieten, die den Erwerb von Geräten, die Installation, die Schulung des Personals und die Isotopsversorgung umfassen. Ziel der Partnerschaft ist es, die kardiale PET-CT-Bildgebung für Privatpraxen zugänglicher zu machen, wobei eine überlegene diagnostische Genauigkeit, reduzierte Scanzeiten und höhere Erstattungsraten im Vergleich zur traditionellen SPECT-Bildgebung geboten werden.

Positive
  • Strategic partnership expands market reach for PET-CT systems
  • Turnkey solution reduces barriers to entry for private practices
  • Higher reimbursement rates compared to traditional SPECT imaging
  • Improved operational efficiency with reduced scan times
Negative
  • None.

Niagara Falls, NY, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Positron Corporation (“Positron” or the “Company”) (OTC: POSC), a leading molecular imaging medical device company offering PET and PET-CT (Positron Emission Tomography/Computed Tomography) imaging systems and clinical services, is pleased to announce its agreement with Upbeat Cardiology Solutions to supply its PET-CT Systems and Services. This cooperation aims to empower cardiology practices with advanced imaging technology and turnkey solutions which streamline the adoption of cardiac PET-CT imaging to deliver unparalleled healthcare to patients.

Upbeat Cardiology Solutions offers an end-to-end approach for private practices transitioning to cardiac PET-CT imaging. Services include equipment acquisition, installation, staff training, and isotope supply, ensuring practices are fully equipped to provide advanced diagnostics and superior patient care. With Positron’s cutting-edge NeuSight PET-CT 64 Slice scanner at the core of these solutions, practices can offer the highest level of care, backed by a platform that combines clinical excellence with economic efficiency. 

Patrick O’Keefe, President of Upbeat Cardiology Solutions stated, “As a leader in innovation and turnkey solutions in the nuclear cardiology space we see our partnership with Positron as a step closer to our goal of bringing access of care to cardiology practices nationwide. Through this partnership we have another avenue to bring high end technologies into affordable camera lease and purchase options, overcoming a major cost obstacle and opening the door to cardiac practices of all sizes.”

“Upbeat Cardiology Solutions excels in integrating advanced nuclear cardiology technology into practices and this collaboration is a strategic step forward in broadening access to our PET-CT technology and clinical services for all cardiology practices,” said Adel Abdullah, President of Positron Corporation. “Our NeuSight PET-CT 64 slice is an ideal solution to meet the rising demand for superior diagnostic tools in cardiac imaging. With Upbeat’s robust logistics and support services, we’re empowering practices to enhance patient care while optimizing their operations.”

Cardiac PET-CT imaging offers substantial benefits and advantages over traditional SPECT imaging, including superior diagnostic accuracy, reduced scan times, and higher reimbursement rates, which are key factors driving the rapid adoption of  cardiac PET-CT imaging. This strategic partnership enables Positron and Upbeat Cardiology Solutions to make the cardiac PET modality available to a broader audience by offering private practices a streamlined, turnkey solution  to integrating  cutting- edge PET-CT technology and services to their imaging healthcare business. Together this approach can deliver the technology and expertise needed to transform nuclear cardiac imaging.

About Positron Corporation
Positron Corporation is a medical technology company dedicated to the development, manufacturing, and sales of cutting-edge PET and PET-CT imaging systems, along with comprehensive clinical services, to nuclear medicine healthcare providers across North America.

Specializing in cardiac Positron Emission Tomography (PET) imaging—the gold standard for cardiac diagnostics—Positron offers advanced technologies and solutions that empower healthcare providers to precisely diagnose coronary artery disease, enhance patient outcomes, and deliver cost-effective care.

Positron's flagship imaging systems, the Attrius® PET and NeuSight PET-CT, coupled with its Prime Rental program and distinct market positioning, are uniquely poised to drive the adoption of cardiac PET imaging and foster growth in the nuclear imaging sector. Additionally, Positron is preparing to introduce the Affinity PET-CT 4D 64-Slice, a state-of-the-art molecular imaging system. These innovations will enable nuclear cardiologists to fully leverage the capabilities of molecular imaging while also expanding Positron’s reach into the vast oncology imaging market.

Through its strategic collaboration with Shenyang Intelligent Neuclear Technology Co., a subsidiary of Neusoft Medical Systems, Positron is committed to advancing the PET modality in cardiology and oncology by delivering unparalleled technology, value, and service to imaging specialists.

www.positron.com

About Upbeat Cardiology Solutions
Upbeat Cardiology Solutions offers nationwide comprehensive end to end services to assist private cardiology practices in adopting cardiac PET/CT imaging. From equipment acquisition to operational training, radioactive materials licensing to accreditation, and from nuclear medicine technologists to isotope supply, Upbeat Cardiology Solutions provides the resources and support practices needed to deliver cutting-edge care and grow their services.  With comprehensive project management services offering turnkey solutions that build long lasting relationships focused on utilizing physicians’ time for patient care and adaptive strategies to give private nuclear cardiac labs with access to state of the art technologies.

www.upbeatcardiology.com

Forward-Looking Statements                             
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Positron Corporation, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results even if new information becomes available in the future.

FOR FURTHER INFORMATION, please visit the company’s website at www.positron.com, or contact: investor@positron.com


FAQ

What is the partnership between Positron (POSC) and Upbeat Cardiology Solutions?

Positron has partnered with Upbeat Cardiology Solutions to supply PET-CT systems and services, offering turnkey solutions including equipment acquisition, installation, staff training, and isotope supply for cardiology practices.

What are the advantages of Positron's (POSC) PET-CT imaging over SPECT imaging?

Positron's PET-CT imaging offers superior diagnostic accuracy, reduced scan times, and higher reimbursement rates compared to traditional SPECT imaging.

What equipment is Positron (POSC) providing through this partnership?

Positron is providing its NeuSight PET-CT 64 Slice scanner, which combines clinical excellence with economic efficiency for cardiac imaging.

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