Information Provided By:
Fly News Breaks for March 10, 2017
MYGN, VCYT
Mar 10, 2017 | 10:54 EDT
Piper Jaffray analyst William Quirk said he believes the Centers for Medicare and Medicaid Services is now allowing Medicare Administrative Contractors to resume issuing Local Coverage Determinations, or LCDs. He points out that Myriad Genetics (MYGN) has two draft LCDs outstanding - a positive one expanding Prolaris coverage and a negative one rescinding Vectra DA coverage - and Veracyte (VCYT) has one draft LCD outstanding by Noridian for Percepta.