The FDA granted the test Breakthrough Device designation in September 2019, and CMS announced Jan. 12, the test would receive Medicare coverage through a new pathway approved by the FDA.
The Medicare Coverage of Innovative Technology final rule is automatically providing devices with Breakthrough designation Medicare coverage once they receive market authorization.
The swab-collected stool sample test detects microbial genomics biomarkers which are strongly tied to specific stages of colorectal cancer progression. Upon receipt of a positive test, patients must undergo a colonoscopy to confirm and remove the adenomas.
The need for an additional colonoscopy presents a financial burden for some patients, as Medicare will only cover one test annually. It is the same issue other at-home alternatives suffer from. However, the consensus remains to be the best screening test is the one that gets done.
More articles on surgery centers:
Amazon’s healthcare moves: 7 notes for ASCs and physicians
What ASC management company had the best 2020? & more — 9 ASC industry notes
3 joint-venture ASCs opened or announced in January
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
