STOCK TITAN

CareDx Taps into Its Patient Network to Deliver Insights on Transplant Needs

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

CareDx, Inc. (Nasdaq: CDNA) submitted insights from over 250 transplant patients to the Centers for Medicare and Medicaid Services (CMS) regarding the Health and Safety Requirements for transplant programs. This initiative reflects CareDx's commitment to advocating for patient needs. The survey identified key areas for improvement, including increasing organ donor awareness, enhancing patient education, expediting waitlist processes, and providing greater financial assistance. CareDx continues to support legislative policies beneficial to transplant patients, solidifying its role as a leader in transplant care solutions.

Positive
  • Submitted insights from over 250 transplant patients to CMS, showcasing commitment to patient advocacy.
  • Identified four key areas for improvement to enhance transplant patient care.
  • Supports important legislative initiatives, reinforcing position in the transplant market.
Negative
  • None.

Centers for Medicare and Medicaid Services Requested Public Comments on the “Health and Safety Requirements for Transplant Programs, Organ Procurement Organizations, and End-Stage Renal Disease Facilities”

SOUTH SAN FRANCISCO, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced that it has submitted insights from over 250 kidney, heart, lung, and liver transplant patients to the Centers for Medicare and Medicaid Services (CMS) in response to their Request for Information (RFI) on the “Health and Safety Requirements for Transplant Programs, Organ Procurement Organizations, and End-Stage Renal Disease Facilities.”

“At CareDx transplant patients and their families are at the heart of everything we do. When CMS requested public comments from the transplant community, we made sure our patient’s voices were heard by fielding a survey to obtain their insights,” said Reg Seeto, CEO and President of CareDx. “As a transplant company who has served over 80,000 transplant patients and offers patient-centric applications to help them manage their day-to-day health, we have a longstanding commitment to advocating on their behalf to ensure healthcare equity, optimal coverage, and innovations to improve outcomes.”

CareDx has supported important transplant legislative policies including the 21st Century Cures Act to help bring new innovations to patients who need them faster, the Living Donor Protection Act to promote live organ donations and protect donors from discrimination, and most recently through its formation of the “Honor the Gift Coalition” the passage of the Comprehensive Immunosuppressive Drug Coverage for Kidney Transplant Patients Act of 2019 (Immuno Bill).

For CMS’s recent request, CareDx surveyed its patient community and received over 250 responses from kidney, heart, lung, and liver transplant patients. The survey identified four main areas for improvement to better support transplant patients across the continuum of care:

  • There is a need to create greater public awareness about the need for more registered organ donors to ensure a robust transplant ecosystem in the future.
  • More patient education is needed to prevent end-stage disease and improve post-transplant outcomes.
  • Transplant patients are looking for ways to get on organ waitlists sooner.
  • Patients are seeking greater financial assistance to help them manage chronic illnesses.

The 253 responses included organ transplant recipients (96%) or their caregivers (4%). The recipients had received a variety of different transplants, including kidney (57%), heart (32%), lung (6%), and liver (2%). The age of recipient respondents skewed 50 and older (79%), which mirrors the organ transplant community. The racial and ethnic background of those surveyed included Caucasian (70%), African American (15%), Latino or Hispanic (5%), Asian (2%), and Native Hawaiian or Pacific Islander (under 1%).

About CareDx – The Transplant Company
CareDx, Inc., headquartered in South San Francisco, California, is a leading precision medicine solutions company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. CareDx offers testing services, products, and digital healthcare solutions along the pre- and post-transplant patient journey and is the leading provider of genomics-based information for transplant patients. For more information, please visit: www.CareDx.com.

Forward Looking Statements
This press release includes forward-looking statements related to CareDx, Inc., including statements regarding the potential benefits and results that may be achieved with CareDx’s response to CMS information request (the “Response”) based on a survey from over 250 organ transplant patients (the “Survey”). These forward-looking statements are based upon information that is currently available to CareDx and its current expectations, speak only as of the date hereof, and are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks that CareDx does not realize the expected benefits of the Response or the Survey; general economic and market factors; and other risks discussed in CareDx’s filings with the SEC, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2020 filed by CareDx with the SEC on February 24, 2021, the quarterly report on Form 10-Q for the first quarter of 2021 ended on March 31, 2021 filed by CareDx with the SEC on May 5, 2021, the quarterly report on Form 10-Q for the second quarter of 2021 ended on June 30, 2021 filed by CareDx with the SEC on July 29, 2021, the quarterly report on Form 10-Q for the third quarter of 2021 ended on September 30, filed by CareDx with the SEC on October 28, 2021, and other reports that CareDx has filed with the SEC. Any of these may cause CareDx’s actual results, performance or achievements to differ materially and adversely from those anticipated or implied by CareDx’s forward-looking statements. CareDx expressly disclaims any obligation, except as required by law, or undertaking to update or revise any such forward-looking statements.

CONTACTS:

CareDx, Inc.
Sasha King
Chief Marketing Officer
415-287-2393
sking@caredx.com

Investor Relations
Ian Cooney
(415) 722-4563
investor@CareDx.com


FAQ

What insights did CareDx submit to CMS regarding transplant patient care?

CareDx submitted insights from over 250 transplant patients, highlighting the need for increased organ donor awareness, better patient education, expedited waitlist processes, and enhanced financial assistance.

What are the main areas for improvement identified by CareDx?

CareDx identified the need for greater public awareness about organ donation, improved patient education, quicker access to organ waitlists, and increased financial assistance for transplant patients.

What legislative policies has CareDx supported?

CareDx has supported the 21st Century Cures Act, the Living Donor Protection Act, and the Comprehensive Immunosuppressive Drug Coverage for Kidney Transplant Patients Act of 2019.

How many transplant patients participated in CareDx’s survey?

A total of 253 transplant patients participated in CareDx’s survey, providing insights for CMS's RFI.

CareDx, Inc.

NASDAQ:CDNA

CDNA Rankings

CDNA Latest News

CDNA Stock Data

1.19B
51.79M
3.44%
96.1%
6.43%
Diagnostics & Research
Services-medical Laboratories
Link
United States of America
BRISBANE