Micro and Small Cap Reporter

Patient Safety Technologies - Better Patient Safety, Even Better Returns

As healthcare costs continue to increase, the U.S. government and insurance companies are being forced to more closely scrutinize the standards for reimbursement, while raising the bar for the level of patient care. One micro-cap investment that we have uncovered that is a great beneficiary of today's environment is Patient Safety Technologies (OTCQB:PSTX) based in Irvine, CA.

PSTX, through its subsidiary, SurgiCount Medical, provides the SurgiCount Safety-Sponge System. This system tracks sponges going in and out of patients during operating room surgical procedures using QR barcodes. The scanner is a relatively small unit that is housed next to the operating table and is supported by additional software that provides analytics and record keeping, post-operation. Today, PSTX has over...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details