Rosetta Expands Managed Care Coverage with New Preferred Provider Agreement for Entire Suite of Diagnostic Tests and Services
Provides update on reimbursement progress with RosettaGX Reveal™
This new agreement covers more than 8.5 million members and increases Rosetta’s participation as a preferred provider to more than 163 million eligible contracted lives.
A PPO is a managed care organization of medical doctors, hospitals and other health care providers that has contracted with an insurer or a third party administrator (TPA) to provide health care at reduced rates to the insurer's or administrator's clients.
“We are gratified to add
“We are particularly pleased to expand patient access for RosettaGX Reveal, our recently launched, first-of-its-kind microRNA classifier for indeterminate thyroid nodules. This new patient access, along with recently published data in support of its analytical verification should enhance our commercial efforts. In addition, we do not expect the Centers for
About
Rosetta develops and commercializes a full range of microRNA-based and other molecular diagnostics. Rosetta’s integrative research platform combining bioinformatics and state-of-the-art laboratory processes has led to the discovery of hundreds of biologically validated novel human microRNAs. Building on its strong patent position and proprietary platform technologies, Rosetta is working on the application of these technologies in the development and commercialization of a full range of microRNA-based diagnostic tools. Through the acquisition of PersonalizeDx, the Company now offers core FISH, IHC and PCR-based testing capabilities and partnerships in Pathology, Oncology and Urology that provide additional content and platforms that complement Rosetta’s microRNA and Next-Gen Sequencing offerings. RosettaGX Reveal™, a Thyroid microRNA Classifier for the diagnosis of indeterminate thyroid FNA smears, as well as the full RosettaGX™ portfolio of cancer testing services are commercially available through the Company’s
Forward-Looking Statement Disclaimer
Various statements in this release concerning Rosetta’s future expectations, plans and prospects including, but not limited to statements relating to the enhancement of momentum, timing and percentage of payment for our testing services, the achievement of efficiency in the delivery and distribution of our entire suite of high-value diagnostic tests and services, the execution of additional agreements, the broadening of access to our growing portfolio of molecular diagnostics and testing service, the enhancement of our commercial efforts, our expectation that the Centers for
View source version on businesswire.com: http://www.businesswire.com/news/home/20160623005278/en/
President & CEO
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