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Can Pacific Edge Reclaim Medicare Coverage and Accelerate Growth with $20M Raise?
1:20am on Monday 2nd of June, 2025 AEST
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Healthcare
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Can Pacific Edge Reclaim Medicare Coverage and Accelerate Growth with $20M Raise?
1:20am on Monday 2nd of June, 2025 AEST
Key Points
Operating revenue declined 8.6% to NZ$21.8 million amid Medicare uncertainty
Net loss after tax widened slightly to NZ$29.9 million for FY25
US laboratory test volumes fell 11.5%, impacted by Medicare coverage cessation
Medicare reconsideration requests underway leveraging AUA guideline inclusion
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