Report Archives - Concert https://www.concert.co/resources/type/report/ Tagline Text Tue, 30 Apr 2024 20:09:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://www.concert.co/wp-content/uploads/2024/04/cropped-logomark-32x32.png Report Archives - Concert https://www.concert.co/resources/type/report/ 32 32 2023 Genetic Test Price Transparency Report https://www.concert.co/resources/2023-genetic-test-price-transparency-report/ Tue, 07 Nov 2023 16:46:19 +0000 https://www.concert.co/resources/2023-genetic-test-price-transparency-report/ Price information on genetic tests is notoriously difficult to access. While this is generally true across healthcare, it is particularly challenging in genetic testing due […]

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Price information on genetic tests is notoriously difficult to access. While this is generally true across healthcare, it is particularly challenging in genetic testing due to the variability in how test are represented by billing codes.

Concert’s unique data and systems make it possible to achieve unparalleled visibility into this space. Again this year, Concert has published price information as observed in a large, commercially insured population. 

This report provides data on the top 20 categories of genetic testing, including areas such as hereditary cancer, oncology, prenatal, exome, and pharmacogenetic testing. Metrics include:

  • Median price per test
  • Price variability 
  • Price change year-over-year
  • Average codes per test/claim

The goal of providing this data is to enable greater value, cost-effectiveness, and access in this critical area of precision medicine.

To access the report instantly, complete the form on this page. 

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Genetic Test Coverage and Payment Guide for Medicare Advantage https://www.concert.co/resources/genetic-test-coverage-and-payment-guide-for-medicare-advantage/ Wed, 11 Oct 2023 17:47:00 +0000 https://www.concert.co/resources/genetic-test-coverage-and-payment-guide-for-medicare-advantage/ Health plans, labs, clinicians and patients all struggle to accurately determine coverage and reimbursement of genetic tests and other laboratory services. With differing rules for […]

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Health plans, labs, clinicians and patients all struggle to accurately determine coverage and reimbursement of genetic tests and other laboratory services. With differing rules for Medicare Advantage (MA) and Original Medicare plans, this is especially true for Medicare beneficiaries.

To clear up this confusion, Concert Genetics enlisted leading experts to provide definitive guidance on key questions, such as:

  • How does coverage determination differ between MA and Original Medicare?
  • What should plans do when criteria is not available in NCD/LCDs?
  • What determines the LCD jurisdiction for lab services?
  • What are the guidelines for using prior authorization in MA plans?
  • Can MA plans establish their own billing, coding and payment policies?
  • Can they negotiate rates that differ from the Clinical Lab Fee Schedule?
  • Do these rules differ for in-network vs out-of-network lab providers?

 

For access to the new guide, please complete the form on this page.

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2022 Genetic Test Price Transparency Report https://www.concert.co/resources/2022-genetic-test-price-transparency-report/ Fri, 09 Sep 2022 13:52:49 +0000 https://www.concert.co/resources/2022-genetic-test-price-transparency-report/ Price information on genetic tests is notoriously difficult to access. While this is generally true across healthcare, it is particularly challenging in genetic testing due […]

The post 2022 Genetic Test Price Transparency Report appeared first on Concert.

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Price information on genetic tests is notoriously difficult to access. While this is generally true across healthcare, it is particularly challenging in genetic testing due to the variability in how test are represented by billing codes.

Concert’s unique data and systems make it possible to achieve unparalleled visibility into this space. For the first time, Concert has published price information on the largest areas of genetic testing as observed in a large, commercially insured population. 

This report provides data on the top 20 categories of genetic testing, covering areas such as hereditary cancer, oncology, prenatal, exome, and pharmacogenetic testing. Metrics include:

  • Median price per test
  • Price variability 
  • Price change year-over-year
  • Average codes per test/claim

The goal of providing this data is to enable greater value, cost-effectiveness, and access in this critical area of precision medicine.

To access the report instantly, complete the form on this page. 

The post 2022 Genetic Test Price Transparency Report appeared first on Concert.

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The Current Landscape of Genetic Testing  – 2018 Edition https://www.concert.co/resources/2018-current-landscape-genetic-testing/ Sat, 14 Apr 2018 00:00:51 +0000 https://www.concert.co/resources/2018-current-landscape-genetic-testing/ Concert Genetics is pleased to offer this in-depth report covering the genetic testing marketplace. Now in its third edition, this year’s report features more detailed […]

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Concert Genetics is pleased to offer this in-depth report covering the genetic testing marketplace.

Now in its third edition, this year’s report features more detailed information on the reimbursement landscape for genetic tests, including an analysis of genetic testing claims across tens of millions of commercially insured members.

Sections include:

Market Size:
How many tests are currently on the market?

Market Growth:
How quickly is the US genetic testing market growing?

Exome Sequencing:
What’s the status of the clinical integration of whole exome sequencing?

Multi-Gene Panels:
What’s the status of multi-gene panels in the market?

Billing & Reimbursement:
What are the trends and challenges in reimbursement?

To download a copy of the report, please complete the form to the right.

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Connecting the Genetic Health Information Network https://www.concert.co/resources/connecting-genetic-health-information-network/ Thu, 04 May 2017 11:27:11 +0000 https://www.concert.co/resources/connecting-genetic-health-information-network/ Precision medicine holds great promise to improve health and reduce the cost of healthcare. However, the infrastructure on which healthcare operates wasn’t designed for genetics, […]

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Precision medicine holds great promise to improve health and reduce the cost of healthcare. However, the infrastructure on which healthcare operates wasn’t designed for genetics, so the healthcare system is not prepared to deliver fully on that promise.

Drawing on direct engagement with leading clinicians, hospitals, health plans, laboratories and governing organizations, as well as the most robust genetic diagnostics data on the market, this document describes the barriers faced by stakeholders across the system and specific steps to overcome those barriers.

This document addresses:

  • What is the Genetic Health Information Network?
  • What are the near term (2-3 year) opportunities to improve the clinical and economic value genetics brings to healthcare?
  • How might a long-term, fully functional Genetic Health Information Network enable the healthcare system to deliver on the promise of precision medicine?

To instantly access the document, submit the form on this page.

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The Current Landscape of Genetic Testing (2017 Update) https://www.concert.co/resources/current-landscape-genetic-testing-2017-update/ Wed, 03 May 2017 19:08:23 +0000 https://www.concert.co/resources/current-landscape-genetic-testing-2017-update/ Concert Genetics is pleased to offer this in-depth report covering the genetic testing marketplace. Key points addressed in this document include: 1. Market Size There are […]

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Concert Genetics is pleased to offer this in-depth report covering the genetic testing marketplace. Key points addressed in this document include:

1. Market Size
There are almost 70,000 genetic testing products on the US market.

2. Market Growth
An average of approximately 10 new testing products enter the market every day, making it difficult for stakeholders across the healthcare system to manage the pace of change.

3. Next Generation Sequencing
Much of the growth in the market is attributable to NextGen Sequencing (NGS), which now accounts for an estimated 48% of the tests currently on the market.

4. Complexity and Variety
Testing options are becoming more complex, with laboratories packaging testing products in a widening variety of ways. BRCA1/2 , Exome and Non-invasive Prenatal Testing (NIPT), specifically, are available in increasing variety.

5. Clinical Workflow
Healthcare providers face mounting challenges integrating genetic testing into the clinical workflow. Utilization management tools, such as the Concert Platform, are helping institutions across the country address and overcome these challenges.

Submit the form on this page for instant access to the report.

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A Guide to BRCA Testing for Health Plans https://www.concert.co/resources/guide-brca-testing-health-plans/ Tue, 15 Nov 2016 16:32:34 +0000 https://www.concert.co/resources/guide-brca-testing-health-plans/ It’s no secret genetic lab testing is on the rise. Health plan spending in this area is growing at 25-75% per year, and BRCA testing […]

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It’s no secret genetic lab testing is on the rise. Health plan spending in this area is growing at 25-75% per year, and BRCA testing is among the largest categories of genetic testing. However, the market landscape is evolving quickly, and leaders need up-to-date data to make the best decisions about lab contracting, cost management, and payment policies

Drawing on a database of more than 65,000 genetic testing products and experience analyzing the genetic testing claims of more than 100 million members, Concert Genetics brings unique insight to this subject. With this data-rich white paper you’ll have access to:

  • New data on test pricing trends

  • Insights into health plan payment experience

  • Updates on clinical utility and medical policy considerations

To instantly access the report, submit the form on this page.

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An Analysis of Laboratory Billing Codes https://www.concert.co/resources/analysis-laboratory-billing-codes/ Thu, 22 Sep 2016 16:40:24 +0000 https://www.concert.co/resources/analysis-laboratory-billing-codes/ The molecular diagnostics market is growing rapidly, with 8- 10 new products added to the market per day. One of the many aspects of the […]

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The molecular diagnostics market is growing rapidly, with 8- 10 new products added to the market per day. One of the many aspects of the market in flux are the billing code recommendations made by laboratories. In this poster, we perform an in-depth analysis on this data for more than 50,000 genetic testing products marketed by US-based laboratories to discuss:

  • Identify which codes are most commonly recommended by labs,

  • Measure how frequently are tier 1, tier 2 and miscellaneous (81479) codes recommended for panel tests, and

  • Highlight the implications of these findings.

To access this poster instantly, submit the form on this page.

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Genetic Testing Utilization Management: A Children’s Hospital Perspective https://www.concert.co/resources/genetic-testing-utilization-management-childrens-hospital-perspective/ Tue, 26 Apr 2016 17:55:34 +0000 https://www.concert.co/resources/genetic-testing-utilization-management-childrens-hospital-perspective/ As the volume of genetic tests flowing through a health system rises, so does avoidable cost and unnecessary complexity. Leading hospitals and health systems are […]

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As the volume of genetic tests flowing through a health system rises, so does avoidable cost and unnecessary complexity. Leading hospitals and health systems are taking a proactive approach to managing utilization of these expensive tests.

In this presentation, our colleague Lee Zellmer, MS, CGC, from Children’s Mercy Hospital discussed the results of a multifaceted utilization management program – one that includes the use of the GeneConnect platform. Reductions in cost-per-test are considerable.

To instantly access these slides, submit the form on this page.

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Widespread Use of MTHFR and Other Genetic Testing in the Medicare Population https://www.concert.co/resources/widespread-use-mthfr-genetic-testing-medicare-population/ Wed, 02 Mar 2016 19:28:23 +0000 https://www.concert.co/resources/widespread-use-mthfr-genetic-testing-medicare-population/ The genetic testing market is growing quickly. There are more than 60,000 genetic testing products on the market, and 8-10 new ones are added each […]

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The genetic testing market is growing quickly. There are more than 60,000 genetic testing products on the market, and 8-10 new ones are added each day. So, which of these products are actually being utilized, and in what volumes?

In this presentation, Dr. Jud Schneider discusses an analysis of the 2013 summary data set from CMS and the findings it reveals including:

  • How much does CMS spend on laboratory services?
  • What genes did CMS spend the most on?
  • How do these payments align with test ordering guidelines?

The findings around the MTHFR gene are particularly interesting.

To access this presentation instantly, submit the form on this page.

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