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Renalytix PLC - London-based diagnostics company focused on kidney health - Says upper Midwest region of the US - specifically Illinois and Iowa - are now its main commercial expansion markets for KidneyIntelX. Private insurance coverage contracts secured and effective during the quarter ending September 30, include Blue Cross Blue Shield Illinois, with an estimated over 8 million covered lives and Molina Healthcare Illinois, estimated 500,000 covered lives. This complements coverage already secured with Wellmark Blue Cross Blue Shield in Iowa and South Dakota at estimated 2.1 million covered lives.
Further, Renalytix has contracted with Illinois Medicaid as a provider. Illinois Medicaid is estimated to provide medical insurance to over 20% of, or 3.3 million, Illinois residents and the contracts with BCBS and Molina provide insurance coverage for a significant proportion of that population.
Illinois will now play a critical part in the KidneyIntelX health equity strategy to help drive down disparities in community care for individuals with diabetes and kidney disease, it adds.
Current stock price: 100.00 pence
12-month change: down 88%
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