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Exact Sciences Corporation Message Board

  • usa431 usa431 Aug 21, 2014 11:50 PM Flag

    LA Times Article

    The LA Times just came out with a very shallow article on Exact. A single quote from a doctor and the following excerpt.

    Moreover, that $599 would come on top of the cost of a colonoscopy in the event of a positive result. The cost of a colonoscopy can easily surpass $1,800, according to Healthcare Bluebook, an online directory of medical costs.

    Conroy had a ready answer for that: "We think this is a test that many insurers will be happy to pay for. They'd rather pay $599 than $500,000 for a Stage 3 or Stage 4 cancer." Perhaps. But with each new, state-of-the-art test that comes along, America's nearly $3 trillion in annual healthcare spending creeps ever higher. This country already pays about twice per person on average than all other developed countries."

    So I ask, does anyone in the healthcare community (including reporters) understand the simple concept of return on investment. Spend money on Cologuard-spend less money overall-spend money on Cologuard-spend less money overall.... just keep chanting until the Socialists who want to run healthcare get the message.

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    • And this type of reporting is just starting! Hang on, boys and girls!!

    • correct me if i'm wrong, but aren't we in the comment period, dictated by law for cms to follow. this is usually when all of the quacks come out of the woodwork. some doctors are very business savvy; others, not so much. an ounze of prevention is worth more than a pound of cure. what people keep failing to realize, is that this test (the most accurate non-invasive screening test) allows the medical community to screen large numbers of average risk people, and funnel only those who require a diagnostic colonoscopy to a gi, for further testing. it's essentially a giant funnel which picks out the very few who require the most prevention. any doctor who thinks 100M people are suddenly going to show up for colonoscopies 1)doesn't realize there aren't enough gi's to screen that many people, and 2)should probably have his/her head examined.

      Sentiment: Strong Buy

    • any article that doesn't mention sessile serated lesions, proximal crc, interval crc and high grade dysplasia in the IBD population is leaving out a bunch of info.

 
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