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OPKO Health, Inc. (NYSE:OPK) (“OPKO” or the “Company”) announces that Novitas Solutions has issued a draft local coverage determination for the 4Kscore® Test, the only blood test that accurately identifies an individual patient's risk for high-grade, aggressive prostate cancer. Novitas Solutions is a Medicare Administrative Contractor (MAC) for Medicare jurisdictions L and H, with responsibility for nearly 10 million Medicare beneficiaries in New Jersey, Pennsylvania, Maryland, the District of Columbia and Texas, among other geographies.
The draft local coverage determination is posted to the Medicare Coverage Database on the Centers for Medicare & Medicaid Services (CMS) website, and proposes to establish reimbursement coverage for patients with PSA levels >3 ng/mL who have not yet had a biopsy, or patients with a PSA level of >3 ng/mL who have had at least one prior negative biopsy and are considered to be at higher risk.
"This first MAC determination is a major milestone for the 4Kscore Test as it expands access to a potentially life-saving tool," said Phillip Frost, M.D., OPKO's Chairman and Chief Executive Officer. "We believe this decision by Novitas will help accelerate further coverage decisions by other payers, and will encourage adoption of the 4Kscore Test by physicians and patients. More importantly, it will allow broader access to this important test, which can assist patients and physicians in further defining a patient’s risk of having a high-grade prostate cancer that requires immediate or aggressive treatment.”
The draft local coverage determination follows the 4Kscore’s inclusion as a standard-of-care in the 2015 National Comprehensive Cancer Network Guidelines and in the 2016 European Association of Urology Prostate Cancer Guidelines for Prostate Cancer.
About the 4Kscore Test
4Kscore is the only blood test that accurately identifies an individual patient's risk for aggressive prostate cancer, the lethal form of prostate cancer. The 4Kscore Test uses a proprietary algorithm that incorporates the blood levels of four different prostate-derived kallikrein proteins: Total PSA, Free PSA, Intact PSA and Human Kallikrein-2 (hK2), plus the patient's age and other clinical information to calculate the percentage risk (probability) of finding a Gleason Score 7 or higher grade of prostate cancer. The four kallikrein panel of biomarkers utilized in the 4Kscore Test is based on over a decade of research conducted by scientists at Memorial Sloan-Kettering Cancer Center and leading European institutions and is included as a standard-of-care in the 2015 National Comprehensive Cancer Network’s Prostate Cancer Early Detection Guidelines. The 4Kscore Test provides individualized risk for the presence of aggressive prostate cancer and adds new information to the shared decision-making discussion between the physician and the patient.
he knows
great things coming this way in due time
Volume is out of control.... weeeeeeeeee ecsl
News about to come our way IMO
Yes with volume out of control...there is no holding this monster anymore. Get in or lose
It's will blast way further
Big business coming our way IMO
Potg big huge company deal in the making...IMO
Weeeeeeeeee booming here
GM Flex
Great day and great week ahead.
What am I saying ...great FUTURE overall here for the Flex Family.
Trade wise: plan the trade.....then follow the plan
Ecsl back over a dollar any day now !! IMO
Ready to move up here. Seller appears done and out of the way.
Weeeeeee look at us climb like a rocket
Came out like an hour ago
Cross our fingers
Amazing volume coming in...buy now before you miss This torpedo
Hype will come naturally as FGXV comes alive and people see what they have.
Ecsl but everything you can. NOW
Mega business coming in this ticker. Huge run Up in the making. IMO
Yez it's about to take place
and a good one that is !!
it will all be good in due time !!
they have the best product
very much so !!
Quote : 0.8596 0.0596 (7.45%) @ 4:45PM
Leading Industrial Gas Company with Locations in Mexico and California to Distribute MagneGas2® Fuel
very positive i agree
nice action indeed
i see your point
agreed
shorts have made a fortune here and will do it again and again.... weeeeeee GO EDXC
whats up on this board ? no activity since years ago !!
everyone should buy ecsl now as it is about to explode to new highs never seen before. minimum 21.67 $ share price IMO
Except Ron cant read and will do nothing about it. The only guy that knew how to read at ECSL has quit !! not much left....
FGFT will wake up soon ...IMO
Potg is back in the green and starting a bull trend.
Glad to see you account for half the entire trading day. For a moment I believed more than a few people were buying thd shares we shorted. ... oh well. Doesn't matter actually. Only need one buyer
Ecsl look at all that volume. Shares and flying off the shelves just like bottles of dynamic oil supplement. Weeeeeeeeee go ecsl
Ok nwvermind...it's now 14 %...but still ...it's blowing up as money just keeps flowing in the bank account non stop. !