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Monday, May 06, 2019 5:45:07 AM
Arrayit Corporation Retains Top Credentialing Company to Accelerate Allergy Testing Services Reimbursement from Major Healthcare Payors
GlobeNewswireMay 6, 2019, 5:30 AM EDT
Sunnyvale, May 06, 2019 (GLOBE NEWSWIRE) -- Arrayit Corporation (OTC: ARYC), a life sciences and personalized medicine company, announces that it has retained a seasoned healthcare credentialing organization to optimize and accelerate reimbursement of its allergy testing services from leading commercial and government payors. The credentialing company is working to secure in-network billing privileges with 29 major commercial health benefits leaders and to streamline payments from state (Medicaid) and federal (Medicare) programs. Arrayit finger stick allergy testing services empower physicians to more effectively identify, treat and manage allergy and asthma in an estimated 60,000,000 (60 million) symptomatic Americans by providing rapid and accurate electronic test results from a few drops of patient blood. In 2018, US healthcare expenditure topped $3,600,000,000,000 ($3.6 trillion) including more than $550,000,000,000 ($550 billion) and $700,000,000,000 ($700 billion) from Medicaid and Medicare, respectively. The company believes its allergy testing services offer an excellent value proposition in the rapidly expanding health and wellness markets.
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