Pacific Edge signs agreement with American Network
22 October 2013
Pacific Edge signs agreement with
America’s Choice Provider Network to expand access to
Cxbladder in the US
Pacific Edge’s has signed
an agreement with America’s Choice Provider Network (ACPN)
for access to Cxbladder. ACPN offers a medical network
solution for more than 14 million Americans through its
client base consisting of insurance carriers, third party
administrators, health and welfare funds, employer groups
and self-insured health plans. This follows Pacofic Edge’s
recent announcement of the agreement with FedMed providing
40 million Americans with access to Cxbladder1.
Pacific Edge Chief Executive Officer David Darling
says agreements with FedMed and now ACPN form key elements
in the commercial roll-out of Cxbaldder in the US.
Pacific Edge through its wholly owned subsidiary
Pacific Edge Diagnostics USA (PEDUSA) has already achieved
the first commercial sales of Cxbladder in the US2 and has
processed samples collected using its proprietary Urine
Sample System at its custom built laboratory in Hershey,
Pennsylvania.
“These provider networks provide
patients access to healthcare services and technology by
contracting with providers and payers on a national basis.
These two recent agreements signed with FedMed and now ACPN
will give millions of Americans access to Cxbladder and its
positive benefits as a quick, cost effective, non-invasive
and highly accurate cancer detection test that is
particularly appealing to US healthcare professionals,
patients, and insurers,” says Jackie Walker, Chief
Executive Officer of PEDUSA
“PEDUSA’s sales and
marketing team is focussed on the clinicians who are
treating the largest number of bladder cancer patients. They
are also focussed on the large commercial payers and the
Centre for Medicare and Medicaid Services, (CMS), which
provides healthcare insurance for 100 million people or
nearly a third of the American population. Other key sales
targets include Integrated Healthcare Systems, comprising
many providers and facilities while offering a wide variety
of health insurance plans, the Veterans Administration (VA),
and Large Urology Groups (LUGS), who are the point of
contact for many patients presenting with haematuria (blood
in the urine) which is an early indicator of possible
bladder cancer”.”
More than one million Americans
will undergo medical investigation this year for potential
bladder cancer at an estimated cost of $US1 billion. Bladder
cancer is one of the most expensive cancers to treat. The
very high recurrence of this disease, some patients receive
expensive monitoring for the rest of their lives,cause
bladder cancer to have the highest total medical costs of
any cancer from detection to death. In the US, the total
medical cost approaches $US220,000 per
patient.
ends