Practice Hospital Alignment

Payers, just like the rest of us, do not want to pay more than they have to for anything. Over the years, payers have used countless strategies to reduce their costs. Some have worked, some have not. Read More ›

Houston, TX—Hard times are getting even tougher for small oncology practices, said Leonard Natelson, Chief Executive Officer, Hematology/On­cology Asso­ciates, Rockland, NY, at the Second Annual Conference of the Association for Value-Based Cancer Care.

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Recent estimates have put the cost of cancer care at an excess of $100 billion annually, much of which is borne by government payers, including Medicare, Medicaid, and TRICARE for outpatient treatments, including chemotherapy, its administration, and radiation therapy. Read More ›

Before 2005, the Centers for Medicare & Medicaid Services (CMS) reimbursed physicians for drugs administered in their offices at a percentage of the average wholesale price. In 2005, however, the payment basis was changed to a percentage of a newly created measure, the average sales price. This change resulted in a significant change to the bottom line for all physician practices that administered chemotherapy and other infused drugs.

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