COA Study: Hospital Outpatient Care 60% Higher, Leads to More Emergency Visits
November 23rd 2017As CMS moves ahead with payment reforms designed to reduce the total cost of hospital care, the results from a new study show that cancer treatment remains much less expensive at community oncology clinics than at hospitals and that the spending gap between the 2 types of sites may be growing wider.
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CMS Claims Data Provide Glimpse of True Cost Picture
October 27th 2017As the Oncology Care Model practices work to reduce Medicare’s overall spending on those patients and to earn shared savings payments, the data are providing them with an unprecedented full picture of the extent and cost of care.
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Pharmacies Are Wary of Risking Revenues to Promote Value-Based Care
June 8th 2017Major pharmacy companies are paying attention to the movement toward value-based care in oncology, but recent comments from representatives of 2 top firms suggest this sector is wary of risking capital to lower costs and improve patient outcomes.
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ACOs Rapidly Expand, But Cost and Quality Improvements Lag Behind
June 8th 2017The number of accountable care organizations across the country has grown rapidly in the last 5 years, creating opportunities and challenges for oncology practices as they seek to benefit from the organizations’ referral networks, shared-savings programs, and care-improvement efforts.
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Independents No Longer Dominate the Chemotherapy Infusion Market
May 5th 2017As recently as the late 1990s, a practice could charge enough for chemotherapy drugs that it could easily afford to treat patients who had Medicare coverage and no additional insurance. Today, that is often no longer the case.
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CMS Keeps Innovation Under Lock and Key
January 27th 2017Several organizations are developing alternative payment models they hope CMS will adopt as ways to encourage oncologists to deliver care at a lower cost while improving its quality. If approved, these proposals could become customized alternatives to the agency’s Oncology Care Model.
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Battle Over Oral Drugs Causes Disruption
December 14th 2016When a leading pharmacy benefit manager, CVS Caremark, announced in August that it would stop covering prescriptions at physician dispensaries for patients with Medicare Part D drug coverage, it fell to practice staffers like Tommy Harwood to deal with the resulting consternation.
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Southeast to Take Brunt of ACA Pullouts
October 5th 2016One by one, major payers have announced they will withdraw from many Affordable Care Act marketplaces at the end of this year, leaving residents of hundreds of counties with just one or two payers selling policies on the government-run exchanges.
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Staffing Costs for Oncology Practices Soar Amid Deluge of Paperwork
August 24th 2016Preauthorizations for chemotherapy drugs and payers’ differing administrative requirements are two of the main contributors to greater hiring needs. Oncologists and practice managers also cite frequent coverage denials, lengthy appeal processes, payerspecific clinical pathways, financial counseling for underinsured patients, data-tracking initiatives, and night and weekend nurse triage services.
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Caution Advised in Leaping on the Liquid Biopsy Bandwagon
April 12th 2016A profusion of so-called “liquid biopsy†tests that extract circulating tumor cells, cell-free DNA, or exosomes from blood and urine are under investigation at research institutions and startup firms, and in some cases are already being used to supplement or replace traditional biopsies.
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Preserving Flexibility in Chemo Decisions in Breast Cancer
March 18th 2016The accumulation of evidence supporting a regimen of anthracycline and taxanes for breast cancer has led some oncologists to argue for the establishment of a standard treatment plan that deemphasizes or eliminates alternative options.
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