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Genetic Testing Lab Finds Payers Respond To Education on Test Utility

Commercial, public insurers also want information on analytical and clinical validity

CEO SUMMARY: In recent years, insurers have raised the bar and become much tougher when making coverage and reimbursement decisions for molecular assays, genomic, and genetic tests. Yet several lab testing companies are having good success at demonstrating the validity and clinical utility of their assays. Among them is Foundation Medicine, of Cambridge, Mass. In …

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