Financially Beneficial for Care Providers
GOOD REIMBURSEMENT - EVEN FOR PEOPLE WITHOUT INSURANCE
Thanks to the CARES Act, all patients with or without insurance, including Medicaid and Medicare, are covering COVID-19 antibody testing with reimbursements ranging between $42.13 - $100+.
LOW COST
Purchase price ranges from $10 - $20 per test kit depending on quantity of tests purchased. Each box contains 20 test kits.
HIGH VOLUME
Detecting asymptomatic spread is important, so nearly every patient meets the medical necessity to perform this test.
Most patients want to be tested—when it only involves a finger prick.
HEALTHY MARGINS
Margins from this testing can improve the financial strength of the care providers. If 200 unique patients are tested per week with an average $28 in margin per patient, providers would earn $5,600 in margin per week (even with the lowest reimbursement rate).