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Medicare Contractor’s Ruling on MolDx Test Causes Lab to Close

Lab testing company was serving 900 urologists

CEO SUMMARY: On May 14, Predictive Biosciences learned that its Medicare contractor had determined that one of its three molecular tests for bladder cancer was a screening test. It also never got a determination on its other two molecular tests. Because Medicare is half of the lab’s payer mix, and since the company was worried …

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