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Biodesix Announces First Four Private Payer Coverage Policies for the Nodify XL2® Test
BOULDER, Colo.--(BUSINESS WIRE)-- Biodesix, Inc. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today
About this update from Biodesix, Inc.
[{"type":"text","content":" BOULDER, Colo.--(BUSINESS WIRE)--\nBiodesix, Inc. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today announced positive coverage decisions from four private payers including Blue Cross Blue Shield of North Carolina, Blue Cross Blue Shield of South Carolina, Blue Cross Blue Shield of Kansas City, and Capital District Physician’s Health Plan (CDPHP) of New York, all effective fourth quarter 2022. Biodesix’s Nodify XL2® test will now be covered for more than 2.3 million enrollees of Blue Cross of North Carolina, 1.2 million enrollees of Blue Cross Blue Shield of South Carolina, 0.5 million enrollees from Blue Cross Blue Shield of Kansas City, and 0.4 million enrollees of CDPHP across New York State.\n\n“At Biodesix we have a comprehensive suite of five on-market precision diagnostics to support clinical decision-making across the lung cancer continuum of care,” said Scott Hutton, Chief Executive Officer of Biodesix. “While all five of the tests in our core lung diagnostic testing portfolio are covered by Medicare, we have been anticipating the first private payer coverage policies. We were pleased to not only receive our first private payer coverage, but to receive our first four in rapid succession adding approximately 4.5 million covered lives. We believe these policies demonstrate the value payers see in this test and how it can positively impact patients’ lives.”\n\nThe Biodesix Nodify XL2 test is a blood-based proteomic test designed to help healthcare professionals (HCPs) quickly identify patients with likely benign lung nodules who may benefit from the use of computed tomography (CT) surveillance. Clinical validation studies showed that the test has a 98% negative predictive value, helping HCPs avoid unnecessary interventional procedures on benign lung nodules.\n\nBlue Cross Blue Shield Association (BCBSA) consists of 34 independent and locally operated BCBSA companies that provide health insurance in the United States to one in three Americans across all 50 states, the District of Columbia and Puerto Rico.\n\nEstablished in 1984, CDPHP is a physician-founded, member-focused and community-based not-for-profit health plan that offers high-quality affordable health insurance plans to members in 29 counties throughout New York.\n\nAbout Biodesix\n\nBiodesix is a leading data-...