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Veracyte Meets New Medicare Coverage Mandate For Molecular Dx

Veracyte announced a positive coverage policy from Palmetto GBA Jan. 9 for its Afirma multi-gene expression classifier test, one of the first to go through the Medicare contractor’s new requirements.

Veracyte’s thyroid cancer gene assay recently became one of the first to meet Medicare contractor Palmetto GBA’s new coverage requirements for molecular tests. CEO Bonnie Anderson says the process was smooth, but only because the firm was ready for the new hurdles before they were established.

“Fortunately, what we saw as the data that would be valuable to prove evidence aligned very nicely with the Palmetto team’s view of what they were looking for,” Anderson said...

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