Concert Genetics Unveils End-to-End Genetic Testing Management Program for Health Plans
NASHVILLE, Tenn., Dec. 21, 2020 /PRNewswire/ -- Concert Genetics today unveiled the Concert Genetics Benefit Program, an end-to-end genetic testing management solution that enables health plans to provide members with access to high-quality, clinically appropriate genetic testing while improving payment integrity and reducing manual work.
This solution comes as the volume of genetic testing continues to rise, and as biomarkers increasingly influence clinical decisions, quality and cost of care. The unique challenges of genetic testing – rapidly innovating products, complex underlying technologies and highly variable codes – create confusion in coverage, time-consuming reviews, inconsistent decisions, and frequent appeals.
"We saw an unsustainable rise in the administrative cost of managing genetic testing – for both plans and laboratories – so we built a solution to radically simplify and streamline these burdensome efforts by enabling greater clarity at every step in the process," said Rob Metcalf, CEO of Concert Genetics.
Key components of the program are as follows:
"No other vendor can provide a solution that delivers quality, efficiency and transparency, while reducing manual effort," said Metcalf. "With the Concert Genetics Benefit Program, health plans can provide members with access to high-value precision medicine services and improve the experience for everyone along the way."
The complete program is available to health plan customers effective today. For more information, visit www.concertgenetics.com/genetics-benefit-program.
About Concert Genetics
1 To quantify the variability in how billing codes are applied to genetic testing, Concert analyzed 2.2 million commercial genetic testing claims, representing a population of more than 35 million members. Read more at: https://www.concertgenetics.com/resources/coding-variability-in-genetic-testing/
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SOURCE Concert Genetics