PEB 0.00% 8.2¢ pacific edge limited

Ann: Quarterly Update Q4 23 Test Volumes Reach New Record, page-8

  1. 8,087 Posts.
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    Now I had it in my mind that September was the critical month but on checking a comment in a Shareholder newsletter I saw this comment : -
    "We also acknowledge the potential for Cxbladder Triage
    to lose its coverage in the same way as Detect and Monitor if
    a proposed Local Coverage Determination governing Genetic
    Testing for Oncology (DL39365) were to be finalized without
    changes and without addressing the comments and concerns
    from Pacific Edge.
    Novitas put forward DL39365 in July 2022, and must either
    finalize or withdraw it within 12 months of the date of the
    proposal. "

    I
    n other words Novitas has to either confirm that it is implementing the proposed change by July or to announce that it is not implementing the original proposal by July 2023. Obviously it could release its view before July but it absolutely must release its decision by July (12 months after the date in July 2022).
    So that date is creeping closer by the day.


 
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