Journal of Oncology Practice, Vol 3, No 1 (January), 2007: pp. 9-12
© 2007
American Society of Clinical Oncology.
DOI: 10.1200/JOP.0712504
Benchmarking Practice Operations: Results From a Survey of Office-Based Oncology Practices
John Akscin,
Thomas R. Barr, MBA,
Elaine L. Towle, CMPE
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The Medicare Modernization Act of 20031 brought with it sweeping changes to community-based oncology practices. As Medicare payment for both drugs and drug administration services have changed, oncology practices have become more aware of their business practices and have responded by closely evaluating and monitoring operations. In a January 2006 report to the Centers for Medicare & Medicaid Services and Congress, titled "The Effects of Medicare Payment Changes on Oncology Services,"2 the Medicare Payment Advisory Commission stated that "oncologists responded by cutting costs and increasing efficiency." As oncology practices continue to strive to further improve practice efficiency, they will need . . . [Click for More]
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