MDxHealth SA (MXDHF.PK) announced that it has entered into an agreement with Stratose, one of the largest healthcare PPO network providers in the U.S. The agreement provides Stratose's 12.4 million member network with access to ConfirmMDx for Prostate Cancer testing.
ConfirmMDx for Prostate Cancer provides urologists and their patients with a non-invasive approach to address false-negative biopsy concerns. The test provides urologists with actionable information on the decision for repeat biopsy, aiding in the stratification of patients at sufficiently low risk who may avoid repeat biopsy and return to screening, from those who may be at increased risk for harboring undetected cancer, meriting repeat biopsy and potentially treatment.
MDxHealth said it continues to work with payers and specialty networks to expand patient and customer access to the ConfirmMDx for Prostate Cancer test. Stratose's network supplements more than 90 different third-party insurance payers. Since 70% of all MDxHealth ConfirmMDx cases are billed to commercial and third-party payers, these contracts are very important, MDxHealth noted.
"With the addition of Stratose to our existing payer agreements, more than 80 million covered lives now have access to ConfirmMDx for Prostate Cancer," said Jan Groen, CEO of MDxHealth.
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