Medicare Part B Lab Test Spending Rises 5% in 2024, Driven by Genetic Tests
Genetic tests accounted for 43% of all Part B lab spending despite representing only 5% of tests performed, according to HHS OIG data.
Genetic tests accounted for 43% of all Part B lab spending despite representing only 5% of tests performed, according to HHS OIG data.
The Galleri blood test demonstrated a four-fold increase in cancer detection rates and substantial reduction in stage IV cancer diagnoses in 142,000 participants.
Illumina has announced an 18-month roadmap for NovaSeq X, featuring a 40% output increase to 35 billion reads, faster turnaround times, new flow cell options, and the introduction of Q70 quality scores.
The collaboration aims to develop an automated genomics platform for decentralized labs, aiming to expand access to streamlined NGS workflows in oncology.
Veracyte will present over 15 studies on its Decipher prostate and bladder cancer tests, including new clinical trial data, at the 2026 ASCO Genitourinary Cancers Symposium in San Francisco.