Replies to post #4305 on Opko Health Inc (OPK)

[surgeon_general]

I know this was something very important to Opko. They've been talking about it for a while. Anybody have any idea of how profitable they are expecting this to be? I vaguely remember that Dr. Frost had a basic idea of how many of these tests he was expecting to see administered.

Basically, how big is this news?

[tomsylver]

OPKO CPT CODE RECEIPT SPEEDS 4KSCORE REIMBURSEMENT TIMELINE, SAYS LADENBURG
Ladenburg analyst Kevin DeGeeter expects OPKO Health's receipt of a Category 1 CPT code for 4Kscore to accelerate talks with Medicare and other payers and projects material 4Kscore revenue to start in 2017. The analyst, who also expects a "rich series of milestones" for OPKO over the next six months, reiterates his Buy rating and $20 price target on the stock.