Information on the number of payment requests from insurers submitted in February 2022
Current Report No. 11/2022
Legal basis: Article 17(1) of MAR – inside information
The Management Board of Medicalgorithmics S.A. (“the Company”), with reference to the current report No. 37 of October 12, 2021, in accordance with the adopted new sales data reporting system, hereby informs about the monthly number of applications for payment from insurers submitted by a subsidiary – Medi-Lynx, due for the services provided by MCT, Event Monitoring, Extended Holter using PocketECG technology in the USA.
In the last 12 months (i.e. from March 2021 to February 2022), 58,231 payment applications were submitted due to the performed MCT, Event Monitoring, Extended Holter services, which is a 14.7% increase compared to 50,759 applications submitted in the same period of the previous 12 months (i.e. from March 2020 to February 2021).
In February 2022, 4,326 payment applications were submitted due to the performed MCT, Event Monitoring, Extended Holter services, which is a 2.7% increase compared to 4,212 such applications submitted in February 2021. This number does not include the Holter procedures and payment claims for the Patient-to-Device Service.
At the same time, the Management Board informs that according to the previous sales data reporting system, 5,798 of all applications were submitted in February 2022, which is a 6.5% decrease compared to 6,199 such applications submitted in the comparable period of 2021.
Data for the last 12 months, current year and comparable periods are presented in the table attached to the report.