PhotoMedex, Inc. Receives Positive Reimbursement Decision from Blue Shield of California for XTRAC Laser System

MONTGOMERYVILLE, Pa.--(BUSINESS WIRE)--PhotoMedex (Nasdaq: PHMD) today announced that Blue Shield of California has adopted a medical policy effective January 11, 2008 approving payment for medically necessary treatment of mild to moderate psoriasis using the PhotoMedex XTRAC® laser system. Blue Shield of California is one of the largest insurers in California, covering more than three million lives.

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