PLA Code application submitted
LungLife AI, Inc.
(the "Company" or "LungLife")
PLA Code application submitted in first step in reimbursement process
LungLife AI (AIM: LLAI), a developer of clinical diagnostic solutions for lung cancer enhanced by artificial intelligence, announces it has submitted its application for a Proprietary Laboratory Analysis (PLA) code to the American Medical Association.
Reimbursement in the US is comprised of three components: code, price, and coverage. The code is the mechanism by which clinical laboratories can more specifically identify their tests when billing Medicare and commercial insurers. If LungLife's application for a PLA code is granted, the code will be priced for Medicare by the Centers for Medicare & Medicaid Services (CMS) in 2022. PLA code applications can be made at four times in the year.
For further information please contact:
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LungLife AI, Inc. |
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Paul Pagano, CEO |
Via Walbrook PR |
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David Anderson, CFO |
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Investec Bank plc (Nominated Adviser & Broker) |
Tel: +44 (0)20 7597 5970 |
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Daniel Adams / Virginia Bull / Cameron MacRitchie |
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Walbrook PR Limited |
Tel: +44 (0)20 7933 8780 or LungLifeAI@walbrookpr.com |
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Paul McManus / Alice Woodings |
Mob: 07980 541 893 / 07407 804 654 |
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