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PEB: Revenue and test volumes fell sharply after Medicare loss; focus shifts to appeals and innovation
PEB: Revenue and test volumes fell sharply after Medicare loss; focus shifts to appeals and innovation

About this update from Pacific Edge Limited
Operating revenue dropped 45% and net loss widened due to Medicare non-coverage, with US test volumes falling sharply. Cost-saving measures were implemented, and the company is focused on Medicare appeals and product innovation, while APAC volumes grew modestly.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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