PhotoMedex, Inc. Announces Four New Blue Cross and Blue Shield Positive Decisions for XTRAC® Laser System, Including Illinois and Texas

MONTGOMERYVILLE, Pa.--(BUSINESS WIRE)--PhotoMedex (Nasdaq:PHMD) today announced that Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, all divisions of Health Care Service Corporation (HCSC), have adopted a medical policy effective October 15, 2007 approving payment for treatment of psoriasis using the PhotoMedex XTRAC® laser system. HCSC is an Independent Licensee of the Blue Cross and Blue Shield Association with 11.5 million members.

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