Medicare Denies Virtual Colonoscopy Reimbursement (GE, SI)

May 12, 2009 · Filed Under Cancer · Comments Off 

Medical imaging leaders such as General Electric Co. (NYSE: GE) and Siemens AG (NYSE: SI) were just dealt a blow after the CMS, or the Center for Medicare and Medicaid Services, issued a final decision that Medicare would not reimburse the virtual colonoscopies.  The CMS noted in its memo, “The evidence is inadequate to conclude that CT colonography is an appropriate colorectal cancer screening test….  CT colonography for colorectal cancer screening remains noncovered.”

We gave a full synopsis, and perhaps a rather rude analysis of this matter, over at 24/7 Wall Street.  Because this is a actually a personal issue for us that hits sort of close to home, we’ll leave it at that.

Here is a full link to the CMS decision not to reimburse for the virtual colonoscopies.

JON C. OGG

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