Vermillion Inc. Announces ASPiRA LABS Now Credentialed as Florida State Medicaid Provider
VERMILLION (VRML)
US:NASDAQ Investor Relations:
vermilionenergy.com/invest-with-us/overview-invest.cfm
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Source: GlobeNewswire
AUSTIN, Texas, April 14, 2020 (GLOBE NEWSWIRE) -- Vermillion, Inc. (NASDAQ: VRML) today announced its wholly owned subsidiary, ASPiRA LABS, is now credentialed with Florida’s State Medicaid program for an estimated additional 3.6 million credentialed Medicaid lives. Florida has the fourth largest state Medicaid populations in the U.S. and ASPiRA is now credentialed in 4 of the top 5 states by Medicaid population size, including California, Pennsylvania, Texas and now Florida. The state of New York has the second largest state Medicaid population and ASPiRA LABS is in process of seeking credentials there. Florida brings the total credentialed Medicaid population to almost 50 M Medicaid lives, which is about 77% of the U.S. Medicaid population. This credentialing also allows ASPiRA LABS to seek participation as a network provider with commercial Medicaid health plans. ASPiRA LABS is the only U.S. provider for Vermillion’s proprietary OVA1® test, an FDA-cleared, ACOG recommended and
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