Replies to post #92417 on Amarantus Bioscience Holdings Inc (AMBS)

[JLM27]

You're right that having a CPT code does not automatically mean insurance companies/Medicare/Medicaid will reimburse for the test, but it is a very large step in that direction. I think you're accurate but under emphasizing the importance of the news.

You're also correct to point out that funding a CPT code to utilize will not cut down the path to commercialization. It will cut down the time to be reimbursed for the procedure after commercialization. But that's not to say this is very positive news. The best way by far for a drug company to get paid is through reimbursement from ins/Medicare/Medicaid as opposed to out-of-pocket from the patient.