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FYI - Permanent J code for Rytelo
Posted: Fri Oct 04, 2024 3:10 am
by Ryan
Rytelo has received a permanent J code from Medicare/Medicaid. This should help patients on Medicar/Medicaid to have more seemless access to the therapy.
Here is a forum where patients are discussing difficulty recieve access due to administrative hold-ups due to Rytelo only have a temporary J code.
https://www.mds-foundation.org/forums/t ... at-rytelo/
So this is low key great news for patients as the bureaucracy wheels are now greased, so to speak.
Re: FYI - Permanent J code for Rytelo
Posted: Fri Oct 04, 2024 4:34 am
by Hoosier Investor
Great news as that should open things up for us. Seems we had a soft launch as a result of the temporary code. Now I better understand the analyst questions following our approval.
Good find, Ryan!!!
Re: FYI - Permanent J code for Rytelo
Posted: Fri Oct 04, 2024 10:44 pm
by Hoosier Investor
Does anyone know of the actual date we received the permanent J-code? I couldn't find it via quick search.
FYI....Seems to me the company could've announced such an event? I'm sure they'll reference it in upcoming Q3 earnings announcement, but a short/sweet PR would've been appropriate given the materiality of the event. Maybe I missed it???
Re: FYI - Permanent J code for Rytelo
Posted: Sat Oct 05, 2024 5:21 am
by lausanne
In the June slide (slide 16) had a text stating that, J-code submission process initiated. So likely the approval came sometime this quarter?
https://s201.q4cdn.com/710325604/files/ ... -FINAL.pdf
Re: FYI - Permanent J code for Rytelo
Posted: Sat Oct 05, 2024 2:51 pm
by Hoosier Investor
Slide #11 of our recent Q2 Earnings presentation indicates our permanent J-code is expected in Q1 of 2025.
https://s201.q4cdn.com/710325604/files/ ... j-code.pdf
Re: FYI - Permanent J code for Rytelo
Posted: Sat Oct 05, 2024 11:53 pm
by Ryan
Hoosier Investor wrote: Fri Oct 04, 2024 10:44 pm
Does anyone know of the actual date we received the permanent J-code? I couldn't find it via quick search.
FYI....Seems to me the company could've announced such an event? I'm sure they'll reference it in upcoming Q3 earnings announcement, but a short/sweet PR would've been appropriate given the materiality of the event. Maybe I missed it???
Goldman Sachs analyst reported it on Wednesday, so it was either that day or not too far before it.
Re: FYI - Permanent J code for Rytelo
Posted: Sun Oct 06, 2024 6:19 am
by Hoosier Investor