Opko Health Inc (OPK)

[WiseFool]

With a CPT Code already in the works for insurance coverage and inclusion in the NCCN Early Detection Guidelines expected to be announced this quarter, this bodes well for OPKO.

Some interesting points about this article.

Dipen J. Parekh, M.D Professor and Chair, Department of Urology, Director of Robotic Surgery, Dr. Victor A Politano Endowed Chair in Urology University of Miami Miller School of Medicine.

MD canididate at the University of Miami Miller School Brian Frank of Medicine tweeted: "parekh is a big deal here at UM in robotic surgery and all of urology. For him to give his praise means a lot for 4kscore"

"The 4Kscore showed a near-perfect calibration"

"The 4Kscore showed near-perfect prediction of the probability of high-grade cancer"

"There also was no discrepancy in results when comparing African-American and Caucasian men"

"Much discussion not only on the efficacy of the PSA test"
"The 4Kscore resolves that dilemma"

"Parekh and Punnen, assistant professor at the Miller School, conclude that the 4Kscore will lead to a “drastic reduction” in the number of biopsies performed, potentially adding up to $1 billion in savings for the U.S. health care system"

“Physicians and patients now have a tool that will better enable them to decide whether to undergo or forgo a biopsy,” Punnen said, “and they can both walk away knowing with almost complete certainty that the decision they made was correct.”