news article in the Australian
Medicare coverage grows for Lumos’ FebriDx point-of-care respiratory testLumos secures reimbursement coverage for its FebriDx point-of-care respiratory test from a fifth US Medicare Administration Contractor.Special Report2 min readMay 19, 2025 - 4:18PMLumos is growing its Medicare coverage in the US for FebriDx. Pic: Getty Images.Lumos secures reimbursement coverage for FebriDx from another US Medicare Administration Contractor US reimbursement coverage achieved with five of seven Medicare Administration Contractors Medicare adoption generally serves as precedent for reimbursement decisions by private insurance payors Special Report: Lumos Diagnostics has received confirmation of Medicare reimbursement coverage from another US Medicare Administrative Contractor (MAC) for its FebriDx test, a rapid point-of-care (POC) diagnostic designed to differentiate between bacterial and non-bacterial acute respiratory infections.Lumos Diagnostics (ASX:LDX) said FebriDX would be included in the Medicare fee schedule of MAC WPS Health Solutions (WPS), which is responsible for managing Medicare payments in the states of Iowa, Kansas, Missouri, Nebraska, Indiana and Michigan.With the inclusion of WPS, Lumos now has Medicare reimbursement from five of the seven MACs for FebriDx, representing more than 70% of the total US Medicare payment coverage.The company secured coverage in Aprilfrom Novitas and Palmetto, First Coast Service Options and Noridian Healthcare Solutions, significantly expanding access to the US Medicare patient population for FebriDx.Coverage by the MACs follows the Centers for Medicare & Medicaid Services (CMS) including FebriDX in the 2025 Clinical Lab Fee Schedule (CLFS).Under the CL FS, a proprietary laboratory analyses (PLA) code (0442U) was set for FebriDX to be reimbursed at a rate of US$41.38 per test from January 1.Lumos said coverage by WPS at US$41.38 per test would be backdated to May 1, 2025.Source: Lumos DiagnosticsReimbursement critical validation milestoneFebriDx enables point-of-care differentiation between bacterial and non-bacterial infections – a critical capability given that most acute respiratory infections are viral in nature and do not require antibiotics.Despite this, antibiotics are still prescribed in up to 50% of these cases, fuelling a growing challenge of antibiotic resistanceLumos said achieving reimbursement coverage by the MACs was a critical validation milestone on the pathway to meaningful adoption of FebriDx in the US.Medicare adoption often sets a precedent for private insurers, paving the way for broader reimbursement acceptance.Lumos said over time, commercialisation success for FebriDx would be driven by demonstrating three essential outcomes including:Clear clinical benefit – evidence that the test improves patient careImpact on the clinical care pathway – showing that the test makes the diagnostic and treatment process more efficient or effectiveFavourable economics – proving that the test is financially beneficial for the healthcare system.“Securing additional Medicare coverage from WPS for FebriDx reinforces our commitment to developing a point-of-care diagnostic solution that not only benefits patients, but also integrates seamlessly into care pathways and delivers value to the broader health system,” managing director Doug Ward said.“Lumos remains committed to securing adoption from the remaining two MACs and pursuing reimbursement coverage from private payors, with the goal of achieving nationwide access for patients and supporting broad clinical adoption of FebriDx
- Forums
- ASX - By Stock
- Lumos Snapshot
LDX
lumos diagnostics holdings limited
Add to My Watchlist
0.00%
!
3.0¢

news article in the Australian Medicare coverage grows for...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.45M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 2.9¢ | $24.47K | 829.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71894 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 321995 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 243000 | 0.026 |
4 | 461153 | 0.025 |
1 | 16000 | 0.023 |
1 | 23000 | 0.022 |
3 | 1293546 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 321995 | 2 |
0.031 | 180189 | 6 |
0.032 | 452563 | 8 |
0.036 | 221800 | 1 |
0.037 | 493186 | 2 |
Last trade - 15.57pm 13/06/2025 (20 minute delay) ? |
Featured News
LDX (ASX) Chart |