* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Cancer diagnostics company Pacific Edge posts bigger loss after US insurer issues

November 25, 2023
in Business
Cancer diagnostics company Pacific Edge posts bigger loss after US insurer issues
Share on FacebookShare on Twitter

Navigation for News Categories

The approvals gives Pacific Edge access to about 20 million Americans.

The approvals gives Pacific Edge access to about 20 million Americans.
Photo: Supplied / Pacific Edge

Cancer diagnostics company Pacific Edge has posted a bigger-than-expected loss as it invested in expansion but suffered from problems with a medical insurer in the US.

Key numbers for the 6 months ended September, compared with a year ago:

Net loss $15.3m vs $10.6m

Revenue $16.6m vs $13.6m

Operating expenses $31.8m vs $24.2m

Cash reserve $62.2m vs $93.4m

No dividend

The company has been battling the fallout from a decision by US Medicare provider Novitas that it would no longer cover the cost of the CXBladder tests, which accounted for about 70 percent of its revenue.

The decision has been contested by the company and US users and for the time being use of the Pacific Edge tests are still being covered.

It is also assessing a proposed rule change from the US Food and Drug Administration that would categorise lab-developed tests as medical devices, requiring it to show the safety and effectiveness of their tests.

Pacific Edge Chairman Chris Gallaher said the company has managed growth despite headwinds.

“Pacific Edge has continued to grow test volumes and revenue through the first half of the 2024 financial year amid the ongoing uncertainty over Medicare coverage of Cxbladder. “

“The company has adapted and will manage its capital reserves to weather a Medicare non-coverage decision, the most adverse outcome of the

range of alternatives now possible.”

Revenue growth was ahead of last year but has slowed in recent months as uncertainty over Medicare coverage affected demand for the tests.

In response to the Medicare issue the company restructured operations cutting staff and controlling other costs, which chief executive Peter Meintjes said had yet to show through in its finances.

“The reorganization and other cost control measures have appropriately lowered our expense base, while continuing to focus on driving test throughput and revenue.”

Meintjes said there was no indication when a Medicare decision would be made, although it could be no later than late-July next year.

He said the company had cash reserves of $62m that would see it through if the decision was negative.

“Under such a scenario Pacific Edge, supported by its strong balance sheet, would continue to work towards regaining coverage within four years, with attempts made for re-coverage with every piece of new clinical evidence. “

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/503085/cancer-diagnostics-company-pacific-edge-posts-bigger-loss-after-us-insurer-issues

Tags: businessCancerdiagnostics
Previous Post

Tui oil field decommissioning hits bump in the road

Next Post

Auckland businesses blindsided by SailGP cancellation

How to watch the 2025 MLB World Series: Dodgers vs. Blue Jays game schedule, channels, streaming, when is Shohei Ohtani starting and more – Yahoo Sports

How to Watch the 2025 MLB World Series: Dodgers vs. Blue Jays Game Schedule, Channels, Streaming, and Shohei Ohtani’s Start Time

October 24, 2025
A circular economy approach for the global lithium-ion battery supply chain – Nature

Revolutionizing the Global Lithium-Ion Battery Supply Chain Through a Circular Economy Approach

October 24, 2025
CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

October 24, 2025
Idaho Medicaid mental health contractor to cut doctor pay rates by 4%-15% – Idaho Capital Sun

Idaho Medicaid Mental Health Contractor to Cut Doctor Pay Rates by Up to 15%

October 24, 2025
Syracuse University declines signing Trump’s higher education compact – Spectrum Noticias

Syracuse University declines signing Trump’s higher education compact – Spectrum Noticias

October 24, 2025
Inventing habitats – High Country News

Building Tomorrow’s Habitats: Breakthrough Innovations Transforming Our Future Environments

October 24, 2025

Enhancing Nucleic Acid Biosecurity to Counter Advanced Generative Protein Design Tools

October 24, 2025
Science Says Optimistic People Live Up to 12 Years Longer. Here’s How You Can Be More Positive, Hopeful, and Confident – Inc.com

Unlock a Longer Life: Discover How Cultivating Optimism Transforms Your Health and Happiness

October 24, 2025
Fall River Eats: Eskimo King closes for season; Table for Two special at Fall River Grill – Yahoo

Eskimo King Closes for the Season – Enjoy the Irresistible Table for Two Special at Fall River Grill!

October 24, 2025
New technology for grading and packing dates – FreshPlaza

Revolutionary Technology Transforms Date Grading and Packing Process

October 24, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (884)
  • Economy (906)
  • Entertainment (21,777)
  • General (17,784)
  • Health (9,947)
  • Lifestyle (918)
  • News (22,149)
  • People (906)
  • Politics (916)
  • Science (16,116)
  • Sports (21,405)
  • Technology (15,885)
  • World (889)

Recent News

How to watch the 2025 MLB World Series: Dodgers vs. Blue Jays game schedule, channels, streaming, when is Shohei Ohtani starting and more – Yahoo Sports

How to Watch the 2025 MLB World Series: Dodgers vs. Blue Jays Game Schedule, Channels, Streaming, and Shohei Ohtani’s Start Time

October 24, 2025
A circular economy approach for the global lithium-ion battery supply chain – Nature

Revolutionizing the Global Lithium-Ion Battery Supply Chain Through a Circular Economy Approach

October 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version