payor coverage
German Public Health Insurance Sets €15.5M Budget Increase for Genetic Diagnostic Services
The decision follows an annual review of human genetic services in Germany that found their volume continues to rise.
CeGaT Gets Blue Cross Blue Shield Contract for Genetic Testing Services
The German company said it has expanded its services across the US and Canada, partnering with "numerous commercial insurers."
Medicare contractors want to rein in inappropriate use of genetics tests, but lab and pathologist groups worry that new coverage requirements may limit access.
The company beat expectations on the top and bottom lines in the second quarter, primarily driven by growth in clinical oncology testing, and upped its full-year revenue guidance.
As insurers drive down reimbursements, smaller labs are forced to accept payment rates similar to that of national outfits, but without the advantages of scale.