Pacific Edge working through Novitas decision

Analysts are on tenterhooks over what the decision means. (Image: Pacific Edge)

Tue, 06 Jun 2023

Pacific Edge is still working through the implications of the Medicare contractor decision that its suite of products do not meet the threshold for coverage under the US Social Security Act. Trading of the Dunedin-based company’s shares was halted before the market opened and the company said it expects to update investors before trading opens on Wednesday and follow that up with a conference call at 11am New Zealand time.It said it’s working through the implications of contractor Novitas’ local coverage determination (LC...

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