Bionano customer praxis genomics receives dex z-codes from palmetto for their whole genome analysis ldt on saphyr

San diego, march 03, 2021 (globe newswire) -- bionano genomics, inc. (nasdaq: bngo) announced today that praxis genomics, llc received dex z-codes from palmetto moldx for its entire testing menu of laboratory developed tests (ldts) based on saphyr. the dex z-code modifier is a unique 5-character alpha-numeric code associated with certain molecular diagnostics tests and is typically used by certain payers as an adjunct to non-specific cpt codes when no specific cpt code applies. the code, submitted on a claim along with a particular cpt code provides greater clarity to help payers and physicians understand which test is being ordered, performed and billed. the process removes the need for the provider to submit large amounts of additional information with every claim and can expedite claim payment. the assignment of dex z-codes to praxis's menu of saphyr-based ldts is potentially a major step forward in the coding and eventual coverage of saphyr-based tests.
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