FYI: Rockwell PPS has high correlation to Max Pain Option Expiration Prices. Upward trend coming for long term traders and nice % return for short term traders.
From the beginning of the Medicare program, one of the most important program goals for CMS has been to make “the best of modern medicine'' available to Medicare beneficiaries. Over the last 40 years, significant advances in medical science have offered improved health for beneficiaries and others. Many of these advances have involved the use of new technologies, such as prescription drugs and medical devices.
CMS, through its Council on Technology and Innovation (CTI), has developed the Innovators’ Guide to Navigating Medicare1 to assist stakeholders in understanding the processes used to determine coverage, coding, and payment for new technologies under the Medicare fee-for-service program.
Add-On Payment: To merit such additional payment, the new technology generally must represent a substantial clinical improvement relative to existing technologies and meet specific cost thresholds. If new technologies lead to better care but are more expensive, or if they lead to more efficient care and are less expensive, hospitals will eventually receive appropriate payment as the DRG weights are adjusted over time to reflect the impact of fluctuating costs. As an incentive for hospitals to adopt new technologies during the period before their costs are recognized in the DRG weights, certain new medical services or technologies may be eligible for new technology add-on payments. To qualify for add-on payments, a service or technology must be new, represent a substantial clinical improvement over predecessor technology, and be high cost relative to the DRG payment that would normally be paid. Applicants must demonstrate that their product offers substantial clinical improvement, relative to technologies previously available, in the diagnosis or treatment of Medicare beneficiaries. 50% Approval Rate: Disapproved apps were due to no clinical improvement OR cost thresholds or new MOA not substantially different than old technologies.
Sentiment: Strong Buy
Agree Biopharma. No one talks about that. He is using Triferic with great success in New York. He has seen the mode of action of Triferic for several years now.
Sentiment: Strong Buy
* Ladenburg Thalmann Financial Services Inc. increased its position in Rockwell Medical Inc (NASDAQ:RMTI) by 8.7% during the first quarter
Several other hedge funds also recently increased their positions in the company.
* Metropolitan Life Insurance Co. NY boosted its stake in shares of Rockwell Medical by 26.9% in the first quarter
* A.R.T. Advisors LLC bought a new stake in shares of Rockwell Medical during the first quarter
* Geode Capital Management LLC boosted its stake in shares of Rockwell Medical and now owns 307,440 shares of the company’s stock worth $2,308,000 after buying an additional 2,500 shares during the last quarter.
* UBS Group AG boosted its stake in shares of Rockwell Medical by 45.8% in the first quarter.
* State Street Corp boosted its stake in shares of Rockwell Medical and now owns 858,425 shares of the company’s stock worth $6,451,000 after buying an additional 33,175 shares during the last quarter.
bullish call activity...based on the call options pricing up (i.e.buyers wanting in or shorts paying up wanting protection) vs selling (bearish or longs selling for protection)...Good Sign for longer term especially when paired with recent and pending news
RMTI historically follows option money inflows/outflows. For more than 16 option expiration dates now, the correlation has been extremely. The ay 2016 contracts were the most recent example w/ upward movement to $10. I see Rockwell going higher in the coming months; the purchase at this level is a hedge and would bet that we go MUCH HIGHER! Good Luck!
Sentiment: Strong Buy
Looks like THE ROCK may be setting up to MAX OUT the PAIN at $10
looking to break $9 tomorrow, then run to $10 by eod to have most options expire worthless
about 81% correlation last 16 expirations for Rockwell. $10 is a good for the weekend.
Good Luck - should be interesting. On several occasions, Rockwell released news and MAX PAIN was achieved. $10 would be a nice way to end the week.
Seriously Adm Kerx? Fishbane is one the best known, most respected nephrologists out there. Don't be spreading more lies - seriously kerx, that is WRONG!!!