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Cologuard Earns Positive Review from Blue Cross Bl

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Posted On: 01/05/2017 11:34:44 AM
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Posted By: Mauibound
Cologuard Earns Positive Review from Blue Cross Blue Shield Association

01/05/2017

Cologuard Covered for 70 Percent of Addressable Population
MADISON, Wis., Jan. 5, 2017 /PRNewswire/ -- Exact Sciences Corp. (Nasdaq: EXAS) today announced that the Blue Cross Blue Shield Association's (BCBSA) Center for Clinical Effectiveness "Evidence Street" recently released a positive review of Cologuard to its members.  BCBSA is a national federation of 36 Blue Cross and Blue Shield companies that insure one in three Americans. This continues the positive momentum for Cologuard, as coverage increased by 67 percent in 2016 and nearly 163 million Americans are now in health plans that cover the non-invasive colorectal cancer screening option. 

"Nearly two thirds of the Blue Cross and Blue Shield companies already cover Cologuard," said Kevin Conroy, Exact Sciences' chairman and CEO.  "This review affirms that Cologuard has a positive impact on health outcomes and provides additional support for the remaining plans to offer their members our patient-friendly, non-invasive colon cancer screening option."

The BCBSA's Center for Clinical Effectiveness is an organization that assesses the effectiveness of medical devices, procedures, and biological products through comprehensive reviews and clinical evidence.  The Evidence Street assessment follows other positive reviews of Cologuard, which is now included in the recommendations of the U.S. Preventive Services Task Force, and the colorectal cancer screening guidelines of the American Cancer Society and the National Comprehensive Cancer Network. This assessment is influential for association members and non-members who look to the Center for Clinical Effectiveness for guidance.  BCBSA does not endorse specific companies or products nor make coverage decisions. 

More than 70 percent of Cologuard's addressable population is now in a health plan that covers the test. Coverage expanded by 62 million lives since June 2016, when Cologuard was included as an A-graded test in the U.S. Preventive Services Task Force's final colorectal cancer screening recommendations.
- See more at: http://investor.exactsciences.com/investor-re...71d0C.dpuf


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