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FedMed to Cover BioTheranostics Cancer MDx Tests

NEW YORK (GenomeWeb) – Genomic cancer diagnostic firm BioTheranostics today announced a contract with preferred provider organization FedMed to cover its tests for breast cancer and metastatic cancers.

As a result of the agreement, FedMed's 40 million covered lives will have access to San Diego-based BioTheranostics tests, including the Breast Cancer Index, which quantifies the risk of recurrence of early stage, estrogen receptor-positive breast cancer, as well as the BioT3 Metastatic Cancer Solution suite of tests, which provides diagnostic and therapeutic information for metastatic cancer patients.

The BioT3 Metastatic Cancer Solution tests include the CancerType ID molecular classifier for diagnosing tumor type and subtype, and the CancerTreatment ID, which uses next-generation sequencing and predictive biomarkers to identify appropriate treatment options.

Today's announcement is the latest in a string of agreements that BioTheranostics has recently reached with PPOs, including Prime Health Services and Three Rivers Provider Network.