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Veracyte (VCYT) Receives LCD from Major MAC for Percepta Bronchial Genomic Classifier

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Veracyte Achieves Major Medicare Coverage Milestone for the Percepta® Classifier to Improve Lung Cancer Diagnosis

September 8, 2016 7:31 AM EDT

SOUTH SAN FRANCISCO, Calif., Sept. 8, 2016 /PRNewswire/ -- Veracyte, Inc. (NASDAQ: VCYT) today announced that Noridian Healthcare Solutions, the nation's largest Medicare Administrative Contractor (MAC), has issued a draft local coverage determination (LCD) for the Percepta Bronchial Genomic Classifier. When finalized, this LCD will enable coverage for over 30 million or more than half of the Medicare beneficiaries in the United States. The Percepta classifier is the first genomic test for use in lung cancer diagnosis to achieve this important Medicare... More