Pacific Edge (ASX:PEB, NZE:PEB) said total laboratory throughput in during the the three months to the end of December 2025 fell 13.4% to 5,446 tests from 6,286 in the previous quarter and the total laboratory throughput in US declined 19.5% to 4,003 tests from 4,971 in the second quarter of fiscal 2026, according to separate filings with the Australian and New Zealand bourses on Tuesday.
The number of ordering clinicians fell to 691 from 803 in the prior quarter. Asia-Pacific total laboratory throughput rose 9.7% quarter-over-quarter to 1,443 tests from 1,315.
Its Chief Executive, Peter Meintjes, said the throughput challenges were amplified by the seasonal holiday slowdown.
The firm is also pursuing appeals for all eligible Cxbladder Triage tests that were denied Medicare reimbursement since the Cxbladder non-coverage determination took effect in April 2025. The Office of Medicare Hearings and Appeals (OMHA) notified the firm that the first reimbursement appeal has been scheduled for a hearing before an Administrative Law Judge on Feb. 24.