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Sequenom Inc. Message Board

  • prudenttrader7 prudenttrader7 May 14, 2013 5:56 PM Flag

    Just Wanted To Remind Everyone That United Started Covering Test In April

    according to Piper Jaffray analyst and see's further upside to guidance and maintains overweight rating on stock. http://finance.yahoo.com/news/sequenom-prenatal-test-covered-unitedhealth-162737904.html

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Last CC, NO contract.

      Dave Clair - Piper Jaffray

      Okay, so that does not include United Health then?
      Paul V. Maier - CFO

      We've not announced United Health contract of any sort, so I'm not sure when you're mentioning that, what you're talking about?
      Dave Clair - Piper Jaffray

      Well, I thought – okay.
      Paul V. Maier - CFO

      United Health had positive coverage policy decisions which took place actually very early in the first quarter. We're losing track of these, but most of the big payors have moved to positive coverage. And given (inaudible) what that means is we can either be in network working with them under their coverage and guidance and such and them working with us or we could work with them out of network. And I would say a good majority of their payors to-date now have made positive coverage decisions, which is great news for us in the NIPT marketplace.

      Sentiment: Strong Buy

 
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