3SOF

Funny story on this today. Some clown on the Yahoo board posted a fake article stating the company was claiming Ch 11. The company issued a press release today saying the FBI is getting involved. I went and read the post and to me it was obviously a joke but apparently the company didn't see it that way.

"CBAY.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                     
All history on a stock pick in 1 thread is awesome.                                   
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.               
Thank You....and good luck with all your trades....make some $$$           

Risk reward$ Time to clip a few?

Mirrus Systems, a CBay Group company, enters into acquisition agreement with AMSplus

The addition of physician billing services significantly expands
Mirrus' portfolio of revenue cycle management solutions.


Boston, MA – August 15, 2007 — Mirrus Systems Inc., a CBay Group company, announced today that it has signed an agreement to acquire AMSplus, Inc. AMSplus is a 200-employee provider of medical billing and practice management services, with offices in six cities across New England.

The acquisition of AMSplus further expands the scale and scope of Mirrus' position into a top tier player within the estimated $27B U.S. market for revenue and clinical cycle management solutions.

"We are very pleased to have made this important acquisition," said Nanda Krish, President and CEO of Mirrus Systems. "AMSplus brings over 25 years of experience and an exceptional reputation for helping physician practices drive down their AR days. This is an excellent complement to existing Mirrus services, and fits well with our focus on helping hospitals accelerate cash."

As a national provider of Patient Financial Services, Mirrus helps health care providers, including health systems, hospitals, and academic physician faculty practice plans strengthen their bottom line. From maximizing cash flow, to resolving payer delays, to managing government reimbursement, Mirrus's unique technologies and processes solve payment problems and generate high ROI.

"The complexity of physician practice reimbursement has created a huge need for the services that AMSplus provides," says Krish. "Managed care plans, government sponsored plans and private health care bureaucracy have made it difficult for small physician practices to keep up. AMSplus' advanced billing platform, dedicated team of billing experts, sophisticated analytics and reporting and hands-on services provide real relief and help physicians run their practices more profitably."

Marc Bolh, President, and founder of AMSplus, will remain active in the business over the next several years and will continue as President, reporting directly to Nanda Krish, President and CEO of Mirrus Systems. Mr. Bolh will also become a member of the Mirrus Executive Management Team.

"Teaming with Mirrus offers great new opportunities for our 500-plus physician practice customers," says Marc Bolh, President of AMSplus, Inc. "Mirrus, and their parent company, CBay Group, share our passion for helping physician practices and hospitals operate with greater efficiency and profitability, plus CBay offers additional services such as medical transcription that can help our clients reduce costs and improve quality. We remain focused on our long-term commitment to our customers and helping them achieve even higher levels of success."

Would like to see a share buy back announcement.

The rest looks very good.

http://www.cbaysystems.com/en/about/career_opportunities.htm

Radar. News due out. CBAY medical in perfect condition. CBAY real estate coming of the bottom.

Press Releases
Mirrus Systems, a CBay Group company, enters into acquisition agreement with AMSplus

The addition of physician billing services significantly expands Mirrus' portfolio of revenue cycle management solutions.


Boston, MA – August 15, 2007 — Mirrus Systems Inc., a CBay Group company, announced today that it has signed an agreement to acquire AMSplus, Inc. AMSplus is a 200-employee provider of medical billing and practice management services, with offices in six cities across New England.

The acquisition of AMSplus further expands the scale and scope of Mirrus' position into a top tier player within the estimated $27B U.S. market for revenue and clinical cycle management solutions.

"We are very pleased to have made this important acquisition," said Nanda Krish, President and CEO of Mirrus Systems. "AMSplus brings over 25 years of experience and an exceptional reputation for helping physician practices drive down their AR days. This is an excellent complement to existing Mirrus services, and fits well with our focus on helping hospitals accelerate cash."

As a national provider of Patient Financial Services, Mirrus helps health care providers, including health systems, hospitals, and academic physician faculty practice plans strengthen their bottom line. From maximizing cash flow, to resolving payer delays, to managing government reimbursement, Mirrus's unique technologies and processes solve payment problems and generate high ROI.

"The complexity of physician practice reimbursement has created a huge need for the services that AMSplus provides," says Krish. "Managed care plans, government sponsored plans and private health care bureaucracy have made it difficult for small physician practices to keep up. AMSplus' advanced billing platform, dedicated team of billing experts, sophisticated analytics and reporting and hands-on services provide real relief and help physicians run their practices more profitably."

Marc Bolh, President, and founder of AMSplus, will remain active in the business over the next several years and will continue as President, reporting directly to Nanda Krish, President and CEO of Mirrus Systems. Mr. Bolh will also become a member of the Mirrus Executive Management Team.

"Teaming with Mirrus offers great new opportunities for our 500-plus physician practice customers," says Marc Bolh, President of AMSplus, Inc. "Mirrus, and their parent company, CBay Group, share our passion for helping physician practices and hospitals operate with greater efficiency and profitability, plus CBay offers additional services such as medical transcription that can help our clients reduce costs and improve quality. We remain focused on our long-term commitment to our customers and helping them achieve even higher levels of success."

About Mirrus Systems

Mirrus Systems, a CBay Group company, is a health care organization specializing in the provision of accounts receivable management and medical reimbursement services. They provide Accounts Receivable Management ("ARM"), Disproportionate Share Hospital payment processing ("DSH") and Crossover Bad Debt Recovery Services (Medi-Medi) for over 300 hospitals and provider groups, including many of the largest and most prestigious organizations in the United States. Their national team has offices in Boston, MA, Dallas, TX, Virginia Beach, VA, Walnut Creek, CA, North Hollywood, CA, and Fresno, CA.

Mirrus is a CBay Group Company, a family that includes some of the fastest-growing providers of Health Information Management (HIM) and Patient Financial Services worldwide. To learn more about Mirrus, visit www.mirrussystems.com.

For additional information, please contact
Megan Blickley, Garfield Group
Tel: 215.867.8600 x213
[email protected]

Just found the latest, news. Lets see the London stock exchange sort this out finally. 

August 27, 2007 — CBaySystems and Services, Inc., a leading global provider of transcription, BPO services and technology, and eScription, Inc., a leader in Computer Aided Medical Transcription, announced today their recent business alliance which will expand both companies service offerings in the medical transcription field.

eScription's enterprise- wide software is designed to streamline medical transcription and reduce costs. CBaySystems is dedicated to offering full-serviced transcription to hospitals, healthcare networks, and medical clinics. "This win-win partnership will offer customers an end-to-end transcription solution including broader services and additional value, stated Christopher Foley, President, CBaySystems and Services, Inc.

Both companies are dedicated to improve the quality and speed of medical transcription, while saving hospitals and physician practices time and money. eScription has accomplished this through their proprietary speech recognition engine, EditScript creates formatted draft documents from clinicians' dictations, which medical transcriptionists (MTs) subsequently review and edit, often doubling their productivity. CBay continues to excel in the area of transcription services through proper management and execution of the medical transcriptionists workflow.

"We are excited to be joining efforts with CBay. The combination of CBay's enormous transcription capacity and eScription technology will deliver significant value to our joint customers.," said Ben Chigier, CEO of eScription.

CBaySystems provides full-service medical transcription services and technology to thousands of leading hospitals, healthcare networks, medical clinics, and physician practices, including some of the most prestigious institutions in the world. eScription computer aided medical transcription technology is currently being used organization-wide across numerous specialties and work types.

"CBay and eScription share a similar mission," says Foley. "Improving the quality
and speed of medical transcription, while saving hospitals and physician practices time
and money."

About eScription

eScription, Inc. is a pioneer and leader in Computer Aided Medical Transcription (CAMT). The company's software is based on the simple premise that it is faster to edit than to type. With its solution deployed enterprise-wide at healthcare organizations throughout the United States, eScription is helping streamline processes, speed turnaround time, and save costs of medical transcription, without interfering with clinician workflow. For more information, visit www.escription.com.

About CBaySystems

CBaySystems is a leading provider of medical transcription and healthcare technologies to large hospitals, healthcare networks and physician practices throughout the United States and has a growing presence as a provider of patient financial services to hospitals and hospital-based physician practices in the United States. The company utilizes secure Internet technologies combined with its global-based delivery model to deliver its service and product offerings to healthcare providers.

Since it was founded in 1998, CBaySystems has been acknowledged by some of the industry's leading publications and ratings institutions, including Forbes.com — Ten to Watch, Healthcare Informatics 100, Deloitte Technology Fast 500, and Inc. Magazine —One of the Fastest Growing Privately Held Companies in America.

Medical Transcription Outsourcing — For Hospitals
The technology solution for medical transcription that gives your hospital ultimate control and flexibility.

CBaySystems offers the single-source medical transcription outsourcing solution that gives you total control over the entire medical transcription process. Our advanced, web-based platform lets you easily manage the entire medical transcription lifecycle — automating everything from dictation capture, routing, and transcription, to returning documents to multiple print destinations, and back to the customers' repository EMR.

Outsourcing has many advantages.

When you outsource your medical transcription, you no longer have to own a dictation system or worry about upgrading to the latest equipment. In fact, all your capital expenses for supporting dictation and transcription are greatly reduced. CBay's medical transcription outsourcing service also lets you reduce direct labor costs, management expenses, and more.

Outsourcing medical transcription is easy and secure through our password-protected process. Authorized personnel can log-on to a user-friendly interface and search, view, edit, print, sign, fax, and forward medical transcription reports.

A technology platform with built-in advantages:

Fully integrated dictation capture, medical transcription, and web-based document management — allowing you to transparently monitor, track, and manage the entire medical transcription process.
No IT investment required. Our technology platform integrates seamlessly with your existing Health Information Management system (HIM).
Outsource your entire medical transcription process or just the overflow. We structure your solution to fit your needs.
Fully secure, HIPAA-compliant, and a fully certified TQM, ISO9000, and Six Sigma services provider.

Now trading on the London Stock Exchange, AIM.

Looking for that interest cut.

New CEO and Insider buying.

Sep 5, 2007 CAL-BAY INTERNATIONAL INC
Beneficial Owner (10%) direct Buy 0.0001 37,000,000

Good news today for CBAY 0.5% rate cut.

Volume. Nice to see the CEO buying. This could turn out to be a nice gainer.

CEO buys large.

http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5434994

Volume high. More news to come. CEO buying open market. With it now trading on the AIM, should be  a 6 month mover.

We'll see. Worth $0.10 + from here.

nice call on CBAY ..