regulatory
confidence high
sentiment positive
materiality 0.75
CMS sets Medicare price for Renalytix's kidneyintelX.dkd test at $950, effective Jan 2024
Renalytix plc
- CMS published price for FDA-authorized kidneyintelX.dkd test on national Clinical Lab Fee Schedule at $950.
- Pricing effective Jan 1, 2024 and maintained for a minimum of three years.
- AMA panel recommended a new CPT code to differentiate kidneyintelX.dkd from the original LDT, triggering the pricing review.
- Company states the CMS action affirms KidneyIntelX platform value and aids in expanding insurance coverage.