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Pacific Edge Holds Steady Test Volumes Amid Medicare Coverage Battle
7:30am on Wednesday 22nd of January, 2025 AEDT
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Healthcare
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Pacific Edge Holds Steady Test Volumes Amid Medicare Coverage Battle
7:30am on Wednesday 22nd of January, 2025 AEDT
Key Points
Q3 FY25 test volumes steady with slight 0.7% growth
Medicare Local Coverage Determination (LCD) finalized as non-coverage, challenging growth
Pacific Edge plans legal challenge and seeks LCD revision or withdrawal
New Blue Cross Blue Shield contracts provide alternative US revenue streams
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Pacific Edge (ASX:PEB)
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