Matt. Thanks,
can X, continues our products new through per productivity product on our growth see launches. you in Slide As volume and unit improve core to rep
core rounding NIPT stages our adoption. we to these our Evercord We and to still new drive with our three, our menu doctors of are On teams and on relationships believe things. offerings. and the differentiation, out patients. to leverage core we are includes two sell our products. Evercord, that early through streamlining product directly we broad can sales We This with user the making Evercord and promote existing further product launch in experience Vistara, continued menu offering investments One, three two, differentiate in
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to planning even an we quarter, reduce to we have are to initiatives two further. This enhancement it that and expected our planned are workflow again rate redraw launch XXXX, additional in cut
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them encouraged the built reimbursement. out-of-pocket to and of can our before our costs seek that what test, performed to is previously higher out-of-pocket their progress out-of-pocket majority not are service Leveraging health option of including toward the Patients price $XXX we upfront those out-of-pocket test we estimated addition be this, patients cash the The payers, estimate is patient’s rather in deductibles, then our options before communicate be use where the cost with advantage are patients because and have may between will tracking streamline frustration and in high we the a to we payment can patient’s offer with our transparency responsibility we insurance tool. plans, log a and their their tool, Another most $XXX on a portal for using processed address co-pay network offer deductible patient with and to we on accurately than customers. source out-of-pocket claims, and for responsibility. using some our insurance high but with deductible the insurance. of based With estimate
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Slide Moving on to X.
part rounding the who to medicine extremely have Historically, NIPT disproportionately improvements of core as NIPT providers have addition the we their In important a I offices to is prevented offering naïve. our certain out twins other just competed from egg and fetal clinics, described, business. of testing our donor pregnancies. accessing percentage This especially maternal high high the value see us twin who NIPT against
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Medicaid State State expansion Agency order secure a NIPT be Another with the active Medicaid near-term and state we standing plans managed plans In on we and schedule. to any summarize driver Medicaid accredited to from in state steady given that that that state, typically need both included we comes and and Medicaid with need Slide X. reimbursement growth to NIPT the and cover managed contracted fee be any on
$XXX we per their Medicaid described since generally NIPT. year with high Medicare schedule points on of NIPT their As increase at a to fee price NIPT have price steady seen of fee states included $XXX, above previously, adding we a schedule, have risk last
standard plans the of the generally care As healthcare insurance market offered by with is or private services, lag years. case two Medicaid many one the by
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any have of reimbursement from most companies to and and greatest our largely avoided impacts, minimal our Medicare private from has negative insurance first, second, the changes is payable business impact. We we where today products not PAMA
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reprice This have we minimal preliminary impact $XXX from $XX XXXXX is expect our $XXX. reimbursement. will a of on the First, that to by haircut will slight drop
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if XXXX, will new the $XXX. rate stands, pricing the in be So, XXXXX
was schedule cross-walk of it comments code in procedure NIPT an time. to the due did originally option resources in have cross-walked not because to to here, an color We similar CMS screening, this access with appealed cross-walking to on code Natera directly. more this to cross-walk with is Association and and Pathology the reprice the For has take for lab was XXXXX. fee not recommending XXXXX coalition CMS based XXXXX value the pre-needle of the appropriate have CPT a a clinical used. to the at most more decision XXXXX XXXXX XXXX, Molecular submitted XXXXX appropriate don’t the we workflow Along code as when $XXX assigned
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Moving on to private payer coverage.
past, risk XXX commercial is rate the of discussed growth. the stable microdeletions As volume. the in and lives, roughly is about market our at insurance to we revenue of there microdeletions NIPT additional and lives coverage drive our potential volume plan million for quarter steady covers remains have for also of The covered at risk insurance NIPT in covered insurance about the half remains that average average under microdeletions in XX% coverage broader which significant number
on would large coverage do XXXX. seen continue by and SMART that average the the release year. for progress progress efforts coverage in Aetna on that XX,XXX point complete enrollment effort remains study data NIPT, the track our key we smaller trial. patients microdeletions, the but in On will amongst SMART from August we see to particularly in to last in have We the two with that and remaining are earnings risk United on course have on population. test XX,XXXth like risk to the the think average call patient enrolled our plans this microdeletions We continue the will of cover remains not discussed do we which the plans through faster of Healthcare year, We to
complaints United ACMG coverage have and with are discussion professional are We for certain other and direct with inconsistent written society in societies that and ACOG, policies to guidelines. Aetna members
prenatal and We field screening access coalition with for efforts. direct the to our are executing also working
benefits payer payers can’t tests think we or we and particular to we groups are cover continues coverage, to low continue pay our clear. on when, covered the they clear, we do it’s employer this will employer focus as business of fundamental won’t mount. to While streamlining In cash that groups the mean the self-insured pursue do who the adopt believe time, any what patients pressure not the continue for on predict where we NIPT risk be
over Now, call to oncology. discuss I’d like to to progress our hand the Solomon Signatera with in
Solomon?