other material
confidence high
sentiment positive
materiality 0.70
Aspira Women's Health: 26% monthly volume growth, expanded Anthem & Medicaid, lower 2024 cash burn
Aspira Women's Health Inc.
- OvaSuite product volume grew >26% in May 2024 vs January 2024; OvaWatch volume YTD up >88% vs 2023.
- Anthem contracts expanded to CT, NH, ME, adding 2M lives; total 9M Anthem lives, expects 16M more.
- Maryland and Kentucky added OvaWatch to Medicaid fee schedule at $897/test; nine states now cover OvaSuite.
- Philippines OvaWatch commercial launch on track for Q3 2024; fee-per-test model expected to yield higher margins.
- Company expects to lower 2024 cash used in operations guidance on Q2 2024 earnings call.