News and trends on diagnostics testing, insurance coverage, and reimbursement.
The CMS ruling follows the release of data showing strong performance of the test, including its ability to detect bloodstream pathogens missed by blood culture.
As NGS testing becomes more widespread, labs, payors, and professional groups confront questions about which genes should be required as part of clinical assays.
The firm said that UHC will cover the test for patients with major depressive disorder or anxiety who have failed to respond to one or more treatments.
For the three months ended June 30, the genomic testing firm reported total revenues of $30.1 million.
The company decided to settle the complaint in order to avoid "lengthy and distracting litigation," but denies any wrongdoing.