Message #43 From:
Stock News Bot Date: November 7, 2006 07:07:00 AM
CAMH News HCSC to Cover Microvolt T-Wave Alternans Testing
BEDFORD, Mass.--(BUSINESS WIRE)--Cambridge Heart, Inc. (OTCBB:CAMH) today announced that Healthcare
Service Corporation (“HCSC”)
has revised its Coverage Policy Bulletin (MED202.006) on Microvolt T
Wave Alternans agreeing to make it a covered benefit. HCSC provides
healthcare benefits to 11.6 million beneficiaries through its BlueCross
BlueShield divisions in Texas, Illinois, New Mexico and Oklahoma. The
new policy states:
”Microvolt T-Wave Alternans (MTWA) as a
technique of risk stratification for primary or secondary prevention of
fatal arrhythmias and sudden cardiac death (SCD) may be considered
medically necessary in patients who are at risk of developing
life-threatening ventricular arrhythmias.”
About Cambridge Heart
Cambridge Heart (www.cambridgeheart.com)
is engaged in the development and commercialization of products for the
non-invasive diagnosis of cardiac disease, particularly the
identification of those at risk of sudden cardiac arrest. The Company’s
products incorporate its proprietary Microvolt T-Wave Alternans
measurement technologies, coupled with its patented Spectral Analytic
Method and ultra-sensitive disposable electrodes. Only Spectral
Analytic Method MTWA tests are reimbursed by Medicare under its
National Coverage Policy that covers patients with a wide variety of
cardiac symptoms. Other major insurers in the USA also have coverage
policies for the test. The T-Wave Alternans test is included in the
Guideline for Management of Patients with Ventricular Arrhythmias and
the Prevention of Sudden Cardiac Death jointly developed by the American
College of Cardiology (ACC), The American Heart Association (AHA) and
the European Society of Cardiology (ESC). The Company, founded in 1990,
is based in Bedford, Massachusetts and is traded on the OTCBB under the
symbol CAMH.
About the Cambridge Heart Microvolt T-Wave Alternans Test
The Cambridge Heart Microvolt T-Wave Alternans Test measures extremely
subtle beat-to-beat fluctuations in a person’s
heartbeat called T-wave alternans. These tiny heartbeat variations –
measured at one millionth of a volt – are
detected in any clinical setting where titration of the heart rate is
possible. The preparation for the test consists of placing proprietary
sensors on a patient’s chest. Extensive
clinical research has shown that patients with symptoms of, or who are
at risk of, life threatening arrhythmias that test positive for T-wave
alternans are at significant risk for subsequent sudden cardiac events
including sudden death, while those who test negative are at minimal
risk.
Statements contained in this press release about anticipated revenue
growth, and all other statements that are not purely historical, are
forward-looking statements for purposes of the safe harbor provisions
under The Private Securities Litigation Reform Act of 1995.In
some cases, we use words such as “believes”,
“expects”, “anticipates”,
“plans”, “estimates”,
“could” and
similar expressions that convey uncertainty of future events or outcomes
to identify these forward-looking statements.Actual results may
differ materially from those indicated by these forward-looking
statements.Factors that may cause or contribute to such
differences include customer delays in making final buying decisions,
decreased demand for our products, failure to obtain funding necessary
to develop or enhance our technology, adverse results in future clinical
studies of our technology, failure to obtain or maintain patent
protection for our technology, failure to obtain or maintain adequate
levels of third-party reimbursement for use of our products and other
factors identified in our most recent Annual Report on Form 10-Kunder
“Factors Which May Affect Future Results”,
which is on file with the SEC.In addition, any forward-looking
statements represent our estimates only as of today and should not be
relied upon as representing our estimates as of any subsequent date.While
we may elect to update forward-looking statements at some point in the
future, we specifically disclaim any obligation to do so, even if our
estimates change.