Information on the number of payment requests from insurers submitted in April 2020
urrent Report No. 30/2020
Legal basis: Article 17(1) of MAR – inside information
The Management Board of Medicalgorithmics S.A. hereby announces the monthly number of payment requests from insurers filed by the subsidiary – Medi-Lynx Cardiac Monitoring LLC due to services rendered using PocketECG technology in the USA. In April 2020 4928 payment requests were submitted.
The number of applications for payment from insurers per business day in April 2020 was 224 compared to 343 applications per business day in March 2020, which is a 35 % decrease on a month-to-month basis. According to the information provided in Current Report No. 27/2020, the COVID-19 pandemic is the main factor affecting the decrease in the number of applications. The data currently held by the Company does not indicate any further deepening of the downward trend.